HCmed Innovations Co's gross profit for the
six
months ended in Dec. 2024 was NT$103.4 Mil. HCmed Innovations Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$99.7 Mil.
HCmed Innovations Co had a gross margin of 84.23% for the quarter that ended in Dec. 2024 => Durable competitive advantage
During the past 4 years, the highestGross Margin % of HCmed Innovations Co was 70.37%. The lowest was -474.96%. And the median was -109.52%.
HCmed Innovations Co Gross Profit Historical Data
The historical data trend for HCmed Innovations 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 HCmed Innovations Co's Gross Profit
For the Medical Devices subindustry, HCmed Innovations 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.
HCmed Innovations Co's Gross Profit Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, HCmed Innovations Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where HCmed Innovations Co's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$99.7 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.
HCmed Innovations Co (ROCO:6934) 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
HCmed Innovations Co had a gross margin of 84.23% for the quarter that ended in Dec. 2024 => Durable competitive advantage
HCmed Innovations Co Gross Profit Related Terms
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HCmed Innovations Co Ltd is focused on inhalation therapy to create integrated drug nebulizer combination products featuring nebulization therapeutic drugs that include small molecule synthetics and large molecule biologics, as either solutions, suspensions, and even difficult-to-deliver high viscosity drugs. Its product include Pulmogine and AdheResp.
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