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Ta Chen Stainless Pipe Co (TPE:2027) Gross Profit : NT$17,088 Mil (TTM As of Dec. 2024)


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What is Ta Chen Stainless Pipe Co Gross Profit?

Ta Chen Stainless Pipe Co's gross profit for the three months ended in Dec. 2024 was NT$4,116 Mil. Ta Chen Stainless Pipe Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$17,088 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ta Chen Stainless Pipe Co's gross profit for the three months ended in Dec. 2024 was NT$4,116 Mil. Ta Chen Stainless Pipe Co's Revenue for the three months ended in Dec. 2024 was NT$21,298 Mil. Therefore, Ta Chen Stainless Pipe Co's Gross Margin % for the quarter that ended in Dec. 2024 was 19.33%.

Ta Chen Stainless Pipe Co had a gross margin of 19.33% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ta Chen Stainless Pipe Co was 30.00%. The lowest was 10.63%. And the median was 18.62%.


Ta Chen Stainless Pipe Co Gross Profit Historical Data

The historical data trend for Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co Gross Profit Chart

Ta Chen Stainless Pipe Co 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 8,934.74 29,070.70 31,037.58 19,456.80 17,087.62

Ta Chen Stainless Pipe Co 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 3,576.73 3,983.33 4,765.46 4,222.40 4,116.44

Competitive Comparison of Ta Chen Stainless Pipe Co's Gross Profit

For the Steel subindustry, Ta Chen Stainless Pipe 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.


Ta Chen Stainless Pipe Co's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ta Chen Stainless Pipe Co's Gross Profit falls into.


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Ta Chen Stainless Pipe Co Gross Profit Calculation

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

Ta Chen Stainless Pipe Co'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
=90398.484 - 73310.863
=17,088

Ta Chen Stainless Pipe Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=21298.4 - 17181.962
=4,116

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$17,088 Mil.

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

Ta Chen Stainless Pipe Co'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
=4,116 / 21298.4
=19.33 %

* 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.


Ta Chen Stainless Pipe Co  (TPE:2027) 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

Ta Chen Stainless Pipe Co had a gross margin of 19.33% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Ta Chen Stainless Pipe Co Gross Profit Related Terms

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Ta Chen Stainless Pipe Co Business Description

Traded in Other Exchanges
N/A
Address
No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tubes and its accessories, which are used in the petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

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