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Chia Ta World Co (TPE:2033) Gross Profit : NT$74.7 Mil (TTM As of Sep. 2024)


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What is Chia Ta World Co Gross Profit?

Chia Ta World Co's gross profit for the three months ended in Sep. 2024 was NT$16.8 Mil. Chia Ta World Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$74.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chia Ta World Co's gross profit for the three months ended in Sep. 2024 was NT$16.8 Mil. Chia Ta World Co's Revenue for the three months ended in Sep. 2024 was NT$136.3 Mil. Therefore, Chia Ta World Co's Gross Margin % for the quarter that ended in Sep. 2024 was 12.36%.

Chia Ta World Co had a gross margin of 12.36% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Chia Ta World Co was 15.34%. The lowest was 6.36%. And the median was 10.06%.

Warning Sign:

Chia Ta World Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


Chia Ta World Co Gross Profit Historical Data

The historical data trend for Chia Ta World 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.

Chia Ta World Co Gross Profit Chart

Chia Ta World 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 76.79 101.55 85.93 51.56 52.12

Chia Ta World 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 12.57 16.29 19.63 21.92 16.84

Competitive Comparison of Chia Ta World Co's Gross Profit

For the Steel subindustry, Chia Ta World 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.


Chia Ta World Co's Gross Profit Distribution in the Steel Industry

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

* The bar in red indicates where Chia Ta World Co's Gross Profit falls into.



Chia Ta World Co Gross Profit Calculation

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

Chia Ta World 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
=586.548 - 534.43
=52.1

Chia Ta World 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
=136.313 - 119.469
=16.8

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$74.7 Mil.

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

Chia Ta World 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
=16.8 / 136.313
=12.36 %

* 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.


Chia Ta World Co  (TPE:2033) 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

Chia Ta World Co had a gross margin of 12.36% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Chia Ta World Co Gross Profit Related Terms

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Chia Ta World Co Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Lane 317, Chung Cheng North Road, YongKang District, Tainan, TWN
Chia Ta World Co Ltd is engaged in the manufacturing, processing, and distribution of steel products including steel wires, galvanized steel wires, galvanized iron wires, pre-stressed concrete (PC) steel wire, pre-stressed concrete (PC) steel wire strands, pre-stressed concrete (PC) deformed steel bars, steel wire strands, steel ropes, and steel cables among others. The company's products are widely used in the Spring/Suspension Industry, Mattress Manufacturing, Pre-stressed Concrete Products Industry, Infrastructure (Bridges, Beams, and Civil Engineering), Construction Industry, and much more. Geographically, the firm generates a majority of its revenue from Taiwan followed by Japan and Mainland China.

Chia Ta World Co Headlines

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