Lagis Enterprise Co's gross profit for the
six
months ended in Jun. 2024 was NT$112.7 Mil. Lagis Enterprise Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was NT$225.4 Mil.
Lagis Enterprise Co had a gross margin of 49.09% for the quarter that ended in Jun. 2024 => Durable competitive advantage
During the past 8 years, the highestGross Margin % of Lagis Enterprise Co was 54.47%. The lowest was 43.42%. And the median was 51.92%.
Warning Sign:
Lagis Enterprise Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.
Lagis Enterprise Co Gross Profit Historical Data
The historical data trend for Lagis Enterprise 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.
Competitive Comparison of Lagis Enterprise Co's Gross Profit
For the Medical Instruments & Supplies subindustry, Lagis Enterprise 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.
Lagis Enterprise Co's Gross Profit Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Lagis Enterprise Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Lagis Enterprise Co's Gross Profit falls into.
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$225.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Lagis Enterprise Co (ROCO:6730) 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
Lagis Enterprise Co had a gross margin of 49.09% for the quarter that ended in Jun. 2024 => Durable competitive advantage
Lagis Enterprise Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Lagis Enterprise Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Lagis Enterprise Co Ltd is a medical device development company that designs, patents, and markets medical devices for the laparoscopic and endoscopic surgical markets. Its product portfolio includes Access, Endo Devices, Specimen Retrieval products, Suction Irrigation systems, Training systems, and accessories.
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