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Mytrex Health Technologies (ROCO:4431) Gross Profit : NT$192 Mil (TTM As of Dec. 2023)


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What is Mytrex Health Technologies Gross Profit?

Mytrex Health Technologies's gross profit for the six months ended in Dec. 2023 was NT$93 Mil. Mytrex Health Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NT$192 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mytrex Health Technologies's gross profit for the six months ended in Dec. 2023 was NT$93 Mil. Mytrex Health Technologies's Revenue for the six months ended in Dec. 2023 was NT$667 Mil. Therefore, Mytrex Health Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 13.97%.

Mytrex Health Technologies had a gross margin of 13.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Mytrex Health Technologies was 61.40%. The lowest was 13.76%. And the median was 18.14%.

Warning Sign:

Mytrex Health Technologies Inc gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


Mytrex Health Technologies Gross Profit Historical Data

The historical data trend for Mytrex Health Technologies'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.

Mytrex Health Technologies Gross Profit Chart

Mytrex Health Technologies 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 60.89 628.52 40.14 239.40 192.35

Mytrex Health Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -3.55 135.83 103.57 99.27 93.08

Competitive Comparison of Mytrex Health Technologies's Gross Profit

For the Specialty Industrial Machinery subindustry, Mytrex Health Technologies'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.


Mytrex Health Technologies's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mytrex Health Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mytrex Health Technologies's Gross Profit falls into.



Mytrex Health Technologies Gross Profit Calculation

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

Mytrex Health Technologies'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
=1292.969 - 1100.624
=192

Mytrex Health Technologies's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=666.512 - 573.432
=93

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$192 Mil.

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

Mytrex Health Technologies's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=93 / 666.512
=13.97 %

* 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.


Mytrex Health Technologies  (ROCO:4431) 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

Mytrex Health Technologies had a gross margin of 13.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Mytrex Health Technologies Gross Profit Related Terms

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Mytrex Health Technologies (ROCO:4431) Business Description

Traded in Other Exchanges
N/A
Address
No. 545, Sec. 2, Hezun North Road, Zhongli District, Taoyuan, TWN, 32060
Mytrex Health Technologies Inc is a Taiwan-based company engaged in the manufacturing of non-woven materials and special medical supplies. It is engaged in the development and production of melt-blown products for the protection of the environment and human health. The company offers products ranging from medical to industrial filtration materials such as various types of filtration media, lab coats or outfits, cabin filtration, vacuum cleaner filter bags, and special medical supplies. Its product categories include meltdown, mammoth bedding, and specialized medical supplies like balloon catheters and coronary stents.

Mytrex Health Technologies (ROCO:4431) Headlines

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