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Wieson Technologies Co (ROCO:6272) Gross Profit : NT$698 Mil (TTM As of Jun. 2024)


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What is Wieson Technologies Co Gross Profit?

Wieson Technologies Co's gross profit for the six months ended in Jun. 2024 was NT$339 Mil. Wieson Technologies Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was NT$698 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wieson Technologies Co's gross profit for the six months ended in Jun. 2024 was NT$339 Mil. Wieson Technologies Co's Revenue for the six months ended in Jun. 2024 was NT$1,398 Mil. Therefore, Wieson Technologies Co's Gross Margin % for the quarter that ended in Jun. 2024 was 24.23%.

Wieson Technologies Co had a gross margin of 24.23% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Wieson Technologies Co was 24.18%. The lowest was 17.11%. And the median was 21.81%.


Wieson Technologies Co Gross Profit Historical Data

The historical data trend for Wieson Technologies 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.

Wieson Technologies Co Gross Profit Chart

Wieson Technologies 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 478.20 461.72 615.08 591.64 578.89

Wieson Technologies Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 274.96 316.68 219.75 359.15 338.76

Competitive Comparison of Wieson Technologies Co's Gross Profit

For the Electronic Components subindustry, Wieson Technologies 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.


Wieson Technologies Co's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Wieson Technologies Co's Gross Profit falls into.



Wieson Technologies Co Gross Profit Calculation

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

Wieson Technologies 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
=2648.021 - 2069.128
=579

Wieson Technologies Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1398.331 - 1059.571
=339

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$698 Mil.

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

Wieson Technologies Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=339 / 1398.331
=24.23 %

* 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.


Wieson Technologies Co  (ROCO:6272) 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

Wieson Technologies Co had a gross margin of 24.23% for the quarter that ended in Jun. 2024 => Competition eroding margins


Wieson Technologies Co Gross Profit Related Terms

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Wieson Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, Xizhi District, New Taipei, TWN, 221
Wieson Technologies Co Ltd is a Taiwan-based company engages in the manufacture and sale of interconnect components and wireless components. Its products include wireless modules and GPS, wire and cable, optical fiber components and automotive electronics.

Wieson Technologies Co Headlines

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