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Asia Polymer (TPE:1308) Gross Profit : NT$135 Mil (TTM As of Dec. 2024)


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What is Asia Polymer Gross Profit?

Asia Polymer's gross profit for the three months ended in Dec. 2024 was NT$20 Mil. Asia Polymer's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$135 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asia Polymer's gross profit for the three months ended in Dec. 2024 was NT$20 Mil. Asia Polymer's Revenue for the three months ended in Dec. 2024 was NT$1,553 Mil. Therefore, Asia Polymer's Gross Margin % for the quarter that ended in Dec. 2024 was 1.29%.

Asia Polymer had a gross margin of 1.29% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Asia Polymer was 37.61%. The lowest was 2.24%. And the median was 14.24%.

Warning Sign:

Asia Polymer Corp gross margin has been in long-term decline. The average rate of decline per year is -25.2%.


Asia Polymer Gross Profit Historical Data

The historical data trend for Asia Polymer'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.

Asia Polymer Gross Profit Chart

Asia Polymer Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,129.15 3,597.67 3,232.87 1,146.00 134.99

Asia Polymer Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 170.77 7.63 99.79 7.50 20.08

Competitive Comparison of Asia Polymer's Gross Profit

For the Specialty Chemicals subindustry, Asia Polymer'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.


Asia Polymer's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Polymer's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asia Polymer's Gross Profit falls into.


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Asia Polymer Gross Profit Calculation

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

Asia Polymer'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
=6031.266 - 5896.273
=135

Asia Polymer's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1552.871 - 1532.793
=20

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$135 Mil.

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

Asia Polymer'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
=20 / 1552.871
=1.29 %

* 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.


Asia Polymer  (TPE:1308) 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

Asia Polymer had a gross margin of 1.29% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Asia Polymer Gross Profit Related Terms

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Asia Polymer Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Gongye 1st. Road, Linyuan District, Kaohsiung, TWN
Asia Polymer Corp is engaged in designing, developing, manufacturing, and selling low-density polyethylene (LDPE), and ethylene vinyl acetate copolymer (EVA). The company has a single operating segment that produces and sells petrochemical products. Geographically, the company has operations in Taiwan, Asia, and Others, with a majority of its revenue coming from Taiwan.

Asia Polymer Headlines

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