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Princeton Technology (ROCO:6129) Gross Profit : NT$339 Mil (TTM As of Mar. 2024)


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What is Princeton Technology Gross Profit?

Princeton Technology's gross profit for the three months ended in Mar. 2024 was NT$94 Mil. Princeton Technology's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$339 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Princeton Technology's gross profit for the three months ended in Mar. 2024 was NT$94 Mil. Princeton Technology's Revenue for the three months ended in Mar. 2024 was NT$295 Mil. Therefore, Princeton Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 32.01%.

Princeton Technology had a gross margin of 32.01% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Princeton Technology was 38.92%. The lowest was 32.37%. And the median was 36.10%.

Warning Sign:

Princeton Technology Corp gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Princeton Technology Gross Profit Historical Data

The historical data trend for Princeton Technology'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.

Princeton Technology Gross Profit Chart

Princeton Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 341.00 404.98 379.46 635.09 694.30

Princeton Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 184.79 165.58 115.52 128.80 94.45

Competitive Comparison of Princeton Technology's Gross Profit

For the Semiconductors subindustry, Princeton Technology'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.


Princeton Technology's Gross Profit Distribution in the Semiconductors Industry

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

* The bar in red indicates where Princeton Technology's Gross Profit falls into.



Princeton Technology Gross Profit Calculation

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

Princeton Technology's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=1948.855 - 1254.555
=694

Princeton Technology's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=295.051 - 200.603
=94

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$339 Mil.

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

Princeton Technology'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
=94 / 295.051
=32.01 %

* 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.


Princeton Technology  (ROCO:6129) 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

Princeton Technology had a gross margin of 32.01% for the quarter that ended in Mar. 2024 => Competition eroding margins


Princeton Technology Gross Profit Related Terms

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Princeton Technology (ROCO:6129) Business Description

Traded in Other Exchanges
N/A
Address
No. 233-1, Baociao Road, 2nd Floor, Sindian District, New Taipei City, TWN, 23145
Princeton Technology Corp is engaged in the development, design, testing and sales of consumer integrated circuits (ICs). Its products include Display Driver ICs, Multimedia Audio Controller ICs, Motor Driver ICs, RF ICs, Encoder/Decoder ICs, Remote Control ICs, and ASICs and are suitable for a wide range of applications, including automotive dashboard and multimedia devices, portable audio players, digital TVs, home audio/video appliances, DSCs, DSLRs, monitoring cameras, and car security systems. Geographically, the activities are carried out in Taiwan, Japan, Korea, Mainland China(including HK) and others.

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