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Megaforce Co (ROCO:3294) Gross Profit : NT$647 Mil (TTM As of Mar. 2024)


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What is Megaforce Co Gross Profit?

Megaforce Co's gross profit for the three months ended in Mar. 2024 was NT$129 Mil. Megaforce Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$647 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Megaforce Co's gross profit for the three months ended in Mar. 2024 was NT$129 Mil. Megaforce Co's Revenue for the three months ended in Mar. 2024 was NT$997 Mil. Therefore, Megaforce Co's Gross Margin % for the quarter that ended in Mar. 2024 was 12.93%.

Megaforce Co had a gross margin of 12.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Megaforce Co was 17.58%. The lowest was 9.01%. And the median was 13.49%.

Warning Sign:

Megaforce Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


Megaforce Co Gross Profit Historical Data

The historical data trend for Megaforce Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Megaforce Co Gross Profit Chart

Megaforce Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 674.83 859.19 626.21 483.22 557.95

Megaforce Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.66 111.35 224.46 182.48 128.89

Competitive Comparison of Megaforce Co's Gross Profit

For the Electronic Components subindustry, Megaforce Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Megaforce Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Megaforce Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Megaforce Co's Gross Profit falls into.



Megaforce Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Megaforce Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=4138.158 - 3580.213
=558

Megaforce Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=996.894 - 868.001
=129

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$647 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Megaforce Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=129 / 996.894
=12.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Megaforce Co  (ROCO:3294) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Megaforce Co had a gross margin of 12.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Megaforce Co Gross Profit Related Terms

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Megaforce Co (ROCO:3294) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No.5, Ziqiang Street, Tucheng District, New Taipei, TWN, 236
Megaforce Co Ltd is engaged in mold making, injection molding, electronics assembly, plastic coating, as well as opto-mechatromics and advanced IT products. The company's reportable segments comprise the electronics component segment, the biomedical device segment, and the opto-mechatronics segment. The company generates majority of the revenue from products such as Plastic injections, tools and others.

Megaforce Co (ROCO:3294) Headlines

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