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Taiwan IC Packaging (ROCO:3372) Gross Profit : NT$-104.6 Mil (TTM As of Mar. 2024)


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What is Taiwan IC Packaging Gross Profit?

Taiwan IC Packaging's gross profit for the three months ended in Mar. 2024 was NT$-32.9 Mil. Taiwan IC Packaging's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-104.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Taiwan IC Packaging's gross profit for the three months ended in Mar. 2024 was NT$-32.9 Mil. Taiwan IC Packaging's Revenue for the three months ended in Mar. 2024 was NT$216.9 Mil. Therefore, Taiwan IC Packaging's Gross Margin % for the quarter that ended in Mar. 2024 was -15.16%.

Taiwan IC Packaging had a gross margin of -15.16% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Taiwan IC Packaging was 26.78%. The lowest was -18.50%. And the median was 1.07%.


Taiwan IC Packaging Gross Profit Historical Data

The historical data trend for Taiwan IC Packaging'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.

Taiwan IC Packaging Gross Profit Chart

Taiwan IC Packaging 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 45.08 84.95 520.91 116.91 -107.59

Taiwan IC Packaging 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 -35.84 -28.96 -26.63 -16.17 -32.88

Competitive Comparison of Taiwan IC Packaging's Gross Profit

For the Semiconductors subindustry, Taiwan IC Packaging'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.


Taiwan IC Packaging's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan IC Packaging's Gross Profit distribution charts can be found below:

* The bar in red indicates where Taiwan IC Packaging's Gross Profit falls into.



Taiwan IC Packaging Gross Profit Calculation

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

Taiwan IC Packaging'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
=861.693 - 969.285
=-107.6

Taiwan IC Packaging's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=216.943 - 249.823
=-32.9

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$-104.6 Mil.

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

Taiwan IC Packaging'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
=-32.9 / 216.943
=-15.16 %

* 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.


Taiwan IC Packaging  (ROCO:3372) 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

Taiwan IC Packaging had a gross margin of -15.16% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Taiwan IC Packaging Gross Profit Related Terms

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Taiwan IC Packaging (ROCO:3372) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, South 2rd Road, Qianzhen District, Kaohsiung City, TWN
Taiwan IC Packaging Corp is a professional integrated circuit packaging provider. The company provides integrated circuit packaging and testing services for the professional semiconductor. The company offers packages in two groups Lead frame-based package and substrate-based package. Leadframe-based package includes quad flat package (QFP), small outline package (SOP), thin small outline package (TSOP), quad flat no- Lead (QFN) and dual flat no Lead (DFN). LGA/Memory Card and other product.

Taiwan IC Packaging (ROCO:3372) Headlines

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