GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Chaheng Precision Co Ltd (ROCO:4546) » Definitions » Gross Profit

Chaheng Precision Co (ROCO:4546) Gross Profit : NT$355 Mil (TTM As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Chaheng Precision Co Gross Profit?

Chaheng Precision Co's gross profit for the six months ended in Dec. 2023 was NT$202 Mil. Chaheng Precision Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NT$355 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chaheng Precision Co's gross profit for the six months ended in Dec. 2023 was NT$202 Mil. Chaheng Precision Co's Revenue for the six months ended in Dec. 2023 was NT$627 Mil. Therefore, Chaheng Precision Co's Gross Margin % for the quarter that ended in Dec. 2023 was 32.26%.

Chaheng Precision Co had a gross margin of 32.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Chaheng Precision Co was 29.35%. The lowest was -7.55%. And the median was 18.67%.


Chaheng Precision Co Gross Profit Historical Data

The historical data trend for Chaheng Precision 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.

Chaheng Precision Co Gross Profit Chart

Chaheng Precision 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 520.94 47.68 -43.87 181.03 354.92

Chaheng Precision Co 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 -27.30 72.78 108.25 152.65 202.27

Competitive Comparison of Chaheng Precision Co's Gross Profit

For the Aerospace & Defense subindustry, Chaheng Precision 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.


Chaheng Precision Co's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chaheng Precision Co's Gross Profit distribution charts can be found below:

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



Chaheng Precision Co Gross Profit Calculation

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

Chaheng Precision 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
=1209.394 - 854.478
=355

Chaheng Precision Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=626.975 - 424.704
=202

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$355 Mil.

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

Chaheng Precision Co'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
=202 / 626.975
=32.26 %

* 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.


Chaheng Precision Co  (ROCO:4546) 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

Chaheng Precision Co had a gross margin of 32.26% for the quarter that ended in Dec. 2023 => Competition eroding margins


Chaheng Precision Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Chaheng Precision Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Chaheng Precision Co (ROCO:4546) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Luke 10th Road, Luzhu District, Kaohsiung, TWN, 821
Chaheng Precision Co Ltd is a Taiwan based manufacturer of aero engine components. Its products include precision equipment, airplane engine, Aero-engine Fan Blade, Aero-engine compressor, OGV diffuser, Aero-engine combustor, and other Products.

Chaheng Precision Co (ROCO:4546) Headlines

No Headlines