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Syncmold Enterprise (TPE:1582) Gross Profit : NT$2,255 Mil (TTM As of Mar. 2024)


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What is Syncmold Enterprise Gross Profit?

Syncmold Enterprise's gross profit for the three months ended in Mar. 2024 was NT$628 Mil. Syncmold Enterprise's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,255 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Syncmold Enterprise's gross profit for the three months ended in Mar. 2024 was NT$628 Mil. Syncmold Enterprise's Revenue for the three months ended in Mar. 2024 was NT$2,147 Mil. Therefore, Syncmold Enterprise's Gross Margin % for the quarter that ended in Mar. 2024 was 29.24%.

Syncmold Enterprise had a gross margin of 29.24% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Syncmold Enterprise was 26.39%. The lowest was 15.71%. And the median was 22.97%.

Warning Sign:

Syncmold Enterprise Corp gross margin has been in long-term decline. The average rate of decline per year is -5.9%.


Syncmold Enterprise Gross Profit Historical Data

The historical data trend for Syncmold Enterprise'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.

Syncmold Enterprise Gross Profit Chart

Syncmold Enterprise 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 2,265.04 2,540.69 1,601.51 1,623.19 1,937.74

Syncmold Enterprise 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 310.74 423.03 629.08 574.90 627.55

Competitive Comparison of Syncmold Enterprise's Gross Profit

For the Electronic Components subindustry, Syncmold Enterprise'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.


Syncmold Enterprise's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Syncmold Enterprise's Gross Profit distribution charts can be found below:

* The bar in red indicates where Syncmold Enterprise's Gross Profit falls into.



Syncmold Enterprise Gross Profit Calculation

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

Syncmold Enterprise'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
=8769.537 - 6831.797
=1,938

Syncmold Enterprise's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2146.507 - 1518.955
=628

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$2,255 Mil.

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

Syncmold Enterprise'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
=628 / 2146.507
=29.24 %

* 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.


Syncmold Enterprise  (TPE:1582) 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

Syncmold Enterprise had a gross margin of 29.24% for the quarter that ended in Mar. 2024 => Competition eroding margins


Syncmold Enterprise Gross Profit Related Terms

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Syncmold Enterprise (TPE:1582) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Jiankang Road, 9th Floor, Zhonghe District, New Taipei City, TWN, 235
Syncmold Enterprise Corp is a Taiwan-based company engaged in the processing, manufacturing, trading, technology licensing and related import and export business of various metal molds, plastic molds and electronic parts. stands for LCD monitors, LCD TVs, appliances, office machines, components of medical devices, and many other electronic products. The company's customers comprise both original design manufacturers, such as Foxconn, and branded manufacturers like Dell and Philips. The company also designs and manufactures molding products. It generates almost all its revenue from markets outside of Taiwan, with mainland China contributing to majority of its revenue.

Syncmold Enterprise (TPE:1582) Headlines

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