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Sun Brothers Development Co (ROCO:3489) Gross Profit : NT$42.8 Mil (TTM As of Mar. 2024)


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What is Sun Brothers Development Co Gross Profit?

Sun Brothers Development Co's gross profit for the three months ended in Mar. 2024 was NT$4.8 Mil. Sun Brothers Development Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$42.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sun Brothers Development Co's gross profit for the three months ended in Mar. 2024 was NT$4.8 Mil. Sun Brothers Development Co's Revenue for the three months ended in Mar. 2024 was NT$167.7 Mil. Therefore, Sun Brothers Development Co's Gross Margin % for the quarter that ended in Mar. 2024 was 2.85%.

Sun Brothers Development Co had a gross margin of 2.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Sun Brothers Development Co was 18.39%. The lowest was -7.13%. And the median was 11.27%.

Warning Sign:

Sun Brothers Development Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.9%.


Sun Brothers Development Co Gross Profit Historical Data

The historical data trend for Sun Brothers Development 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.

Sun Brothers Development Co Gross Profit Chart

Sun Brothers Development 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 129.91 123.25 182.56 72.00 45.68

Sun Brothers Development 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 7.65 8.78 7.79 21.46 4.78

Competitive Comparison of Sun Brothers Development Co's Gross Profit

For the Real Estate - Development subindustry, Sun Brothers Development 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.


Sun Brothers Development Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Brothers Development Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sun Brothers Development Co's Gross Profit falls into.



Sun Brothers Development Co Gross Profit Calculation

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

Sun Brothers Development 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
=741.504 - 695.82
=45.7

Sun Brothers Development 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
=167.719 - 162.939
=4.8

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$42.8 Mil.

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

Sun Brothers Development 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
=4.8 / 167.719
=2.85 %

* 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.


Sun Brothers Development Co  (ROCO:3489) 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

Sun Brothers Development Co had a gross margin of 2.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Sun Brothers Development Co Gross Profit Related Terms

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Sun Brothers Development Co (ROCO:3489) Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Minquan Road, Luzhu District, Taoyuan, TWN, 338018
Sun Brothers Development Co Ltd is engaged in wholesale of building materials, developing, constructing, leasing and selling for residential, commercial or industrial buildings, etc. It is also involved in the development and construction of collective housing and public works contract construction.

Sun Brothers Development Co (ROCO:3489) Headlines

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