GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Waste Recovery Technology Inc (ROCO:6894) » Definitions » Gross Profit

Waste Recovery Technology (ROCO:6894) Gross Profit : NT$370.7 Mil (TTM As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Waste Recovery Technology Gross Profit?

Waste Recovery Technology's gross profit for the three months ended in Dec. 2024 was NT$91.3 Mil. Waste Recovery Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$370.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Waste Recovery Technology's gross profit for the three months ended in Dec. 2024 was NT$91.3 Mil. Waste Recovery Technology's Revenue for the three months ended in Dec. 2024 was NT$303.0 Mil. Therefore, Waste Recovery Technology's Gross Margin % for the quarter that ended in Dec. 2024 was 30.14%.

Waste Recovery Technology had a gross margin of 30.14% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Waste Recovery Technology was 44.42%. The lowest was 37.82%. And the median was 41.23%.

Warning Sign:

Waste Recovery Technology Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Waste Recovery Technology Gross Profit Historical Data

The historical data trend for Waste Recovery 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.

Waste Recovery Technology Gross Profit Chart

Waste Recovery Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 243.80 302.39 327.00 304.66 370.69

Waste Recovery Technology Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 91.80 94.18 92.20 92.97 91.34

Competitive Comparison of Waste Recovery Technology's Gross Profit

For the Pollution & Treatment Controls subindustry, Waste Recovery 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.


Waste Recovery Technology's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waste Recovery Technology's Gross Profit distribution charts can be found below:

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


;
;

Waste Recovery Technology Gross Profit Calculation

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

Waste Recovery Technology's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=980.178 - 609.487
=370.7

Waste Recovery Technology's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=303.022 - 211.684
=91.3

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$370.7 Mil.

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

Waste Recovery Technology's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=91.3 / 303.022
=30.14 %

* 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.


Waste Recovery Technology  (ROCO:6894) 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

Waste Recovery Technology had a gross margin of 30.14% for the quarter that ended in Dec. 2024 => Competition eroding margins


Waste Recovery Technology Gross Profit Related Terms

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


Waste Recovery Technology Business Description

Traded in Other Exchanges
N/A
Address
12F-1, No. 186, Dadun 19th Street, Xitun District, Taichung City, TWN
Waste Recovery Technology Inc engages in recycling and processing equipment for copper-containing waste liquid in the printed circuit board industry. The company produces printed circuit board copper plating insoluble anodes, printed circuit board copper containing waste liquid electrolytic recovery equipment, and others.

Waste Recovery Technology Headlines

No Headlines