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Jhen Vei Electronic Co (ROCO:3520) Gross Profit : NT$159 Mil (TTM As of Dec. 2024)


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What is Jhen Vei Electronic Co Gross Profit?

Jhen Vei Electronic Co's gross profit for the three months ended in Dec. 2024 was NT$45 Mil. Jhen Vei Electronic Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$159 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jhen Vei Electronic Co's gross profit for the three months ended in Dec. 2024 was NT$45 Mil. Jhen Vei Electronic Co's Revenue for the three months ended in Dec. 2024 was NT$327 Mil. Therefore, Jhen Vei Electronic Co's Gross Margin % for the quarter that ended in Dec. 2024 was 13.70%.

Jhen Vei Electronic Co had a gross margin of 13.70% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Jhen Vei Electronic Co was 17.96%. The lowest was 10.63%. And the median was 14.23%.

Warning Sign:

Jhen Vei Electronic Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Jhen Vei Electronic Co Gross Profit Historical Data

The historical data trend for Jhen Vei Electronic 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.

Jhen Vei Electronic Co Gross Profit Chart

Jhen Vei Electronic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.07 70.14 157.18 128.64 159.45

Jhen Vei Electronic Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 40.10 30.94 45.81 37.97 44.73

Competitive Comparison of Jhen Vei Electronic Co's Gross Profit

For the Electronic Components subindustry, Jhen Vei Electronic 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.


Jhen Vei Electronic Co's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Jhen Vei Electronic Co's Gross Profit falls into.


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Jhen Vei Electronic Co Gross Profit Calculation

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

Jhen Vei Electronic Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1097.794 - 938.347
=159

Jhen Vei Electronic Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=326.541 - 281.814
=45

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$159 Mil.

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

Jhen Vei Electronic Co's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=45 / 326.541
=13.70 %

* 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.


Jhen Vei Electronic Co  (ROCO:3520) 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

Jhen Vei Electronic Co had a gross margin of 13.70% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Jhen Vei Electronic Co Gross Profit Related Terms

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Jhen Vei Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Lane 609, Chongxin Road, 6th Floor, Section 5, Sanchong District, New Taipei, TWN, 24159
Jhen Vei Electronic Co Ltd is a Taiwan-based manufacturer of electronic components. It offers electronic components and internet security products. The products offered by the company are USB cables, DC cables, wire harnesses, audio cables, VGA, and others. Its segment includes the Electronics Component Department; After Processing of Electronics Components and Energy. The company generates maximum revenue from the Electronics Component Department segment.

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