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Formosa Oilseed Processing Co (TPE:1225) Gross Profit : NT$1,112 Mil (TTM As of Sep. 2024)


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What is Formosa Oilseed Processing Co Gross Profit?

Formosa Oilseed Processing Co's gross profit for the three months ended in Sep. 2024 was NT$247 Mil. Formosa Oilseed Processing Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$1,112 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Formosa Oilseed Processing Co's gross profit for the three months ended in Sep. 2024 was NT$247 Mil. Formosa Oilseed Processing Co's Revenue for the three months ended in Sep. 2024 was NT$3,173 Mil. Therefore, Formosa Oilseed Processing Co's Gross Margin % for the quarter that ended in Sep. 2024 was 7.77%.

Formosa Oilseed Processing Co had a gross margin of 7.77% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Formosa Oilseed Processing Co was 10.86%. The lowest was 5.22%. And the median was 8.38%.

Warning Sign:

Formosa Oilseed Processing Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.4%.


Formosa Oilseed Processing Co Gross Profit Historical Data

The historical data trend for Formosa Oilseed Processing 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.

Formosa Oilseed Processing Co Gross Profit Chart

Formosa Oilseed Processing 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 1,012.54 1,070.41 1,135.26 969.27 1,060.60

Formosa Oilseed Processing Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 317.63 345.99 223.77 296.12 246.57

Competitive Comparison of Formosa Oilseed Processing Co's Gross Profit

For the Packaged Foods subindustry, Formosa Oilseed Processing 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.


Formosa Oilseed Processing Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Formosa Oilseed Processing Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Formosa Oilseed Processing Co's Gross Profit falls into.



Formosa Oilseed Processing Co Gross Profit Calculation

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

Formosa Oilseed Processing 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
=14543.809 - 13483.212
=1,061

Formosa Oilseed Processing Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=3172.625 - 2926.052
=247

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,112 Mil.

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

Formosa Oilseed Processing Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=247 / 3172.625
=7.77 %

* 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.


Formosa Oilseed Processing Co  (TPE:1225) 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

Formosa Oilseed Processing Co had a gross margin of 7.77% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Formosa Oilseed Processing Co Gross Profit Related Terms

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Formosa Oilseed Processing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 453, Section 1, Shatian Road, Dadu District, Taichung, TWN
Formosa Oilseed Processing Co Ltd is a company principally engaged in the manufacturing and distribution of oil products and feedstuff. Its businesses include the manufacturing and the selling of soybean oil, soy flour, flour, oatmeal, corn, pet food, and import and export transactions. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley, and mixed feedstuff, among others. The company no longer engages in the production of flour.

Formosa Oilseed Processing Co Headlines

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