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Shihlin Electric & Engineering (TPE:1503) Gross Profit : NT$5,721 Mil (TTM As of Mar. 2024)


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What is Shihlin Electric & Engineering Gross Profit?

Shihlin Electric & Engineering's gross profit for the three months ended in Mar. 2024 was NT$1,766 Mil. Shihlin Electric & Engineering's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$5,721 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shihlin Electric & Engineering's gross profit for the three months ended in Mar. 2024 was NT$1,766 Mil. Shihlin Electric & Engineering's Revenue for the three months ended in Mar. 2024 was NT$9,918 Mil. Therefore, Shihlin Electric & Engineering's Gross Margin % for the quarter that ended in Mar. 2024 was 17.80%.

Shihlin Electric & Engineering had a gross margin of 17.80% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Shihlin Electric & Engineering was 20.64%. The lowest was 17.04%. And the median was 18.60%.

Warning Sign:

Shihlin Electric & Engineering Corp gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Shihlin Electric & Engineering Gross Profit Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Gross Profit Chart

Shihlin Electric & Engineering 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 4,879.81 4,738.19 4,987.59 5,240.55 5,667.80

Shihlin Electric & Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,712.73 1,240.88 1,372.75 1,341.43 1,765.79

Competitive Comparison of Shihlin Electric & Engineering's Gross Profit

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Gross Profit falls into.



Shihlin Electric & Engineering Gross Profit Calculation

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

Shihlin Electric & Engineering'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
=31807.491 - 26139.696
=5,668

Shihlin Electric & Engineering's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=9917.947 - 8152.157
=1,766

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$5,721 Mil.

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

Shihlin Electric & Engineering's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,766 / 9917.947
=17.80 %

* 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.


Shihlin Electric & Engineering  (TPE:1503) 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

Shihlin Electric & Engineering had a gross margin of 17.80% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Shihlin Electric & Engineering Gross Profit Related Terms

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Shihlin Electric & Engineering (TPE:1503) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

Shihlin Electric & Engineering (TPE:1503) Headlines

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