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Ability Enterprise Co (TPE:2374) Gross Profit : NT$1,702 Mil (TTM As of Sep. 2024)


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What is Ability Enterprise Co Gross Profit?

Ability Enterprise Co's gross profit for the three months ended in Sep. 2024 was NT$518 Mil. Ability Enterprise Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$1,702 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ability Enterprise Co's gross profit for the three months ended in Sep. 2024 was NT$518 Mil. Ability Enterprise Co's Revenue for the three months ended in Sep. 2024 was NT$1,711 Mil. Therefore, Ability Enterprise Co's Gross Margin % for the quarter that ended in Sep. 2024 was 30.25%.

Ability Enterprise Co had a gross margin of 30.25% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ability Enterprise Co was 29.20%. The lowest was 8.46%. And the median was 13.80%.


Ability Enterprise Co Gross Profit Historical Data

The historical data trend for Ability Enterprise 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.

Ability Enterprise Co Gross Profit Chart

Ability Enterprise 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 878.39 586.90 875.87 1,173.23 1,308.04

Ability Enterprise 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 451.17 395.43 348.51 440.75 517.80

Competitive Comparison of Ability Enterprise Co's Gross Profit

For the Electronic Components subindustry, Ability Enterprise 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.


Ability Enterprise Co's Gross Profit Distribution in the Hardware Industry

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

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



Ability Enterprise Co Gross Profit Calculation

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

Ability Enterprise 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
=4933.155 - 3625.112
=1,308

Ability Enterprise 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
=1711.492 - 1193.693
=518

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$1,702 Mil.

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

Ability Enterprise 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
=518 / 1711.492
=30.25 %

* 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.


Ability Enterprise Co  (TPE:2374) 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

Ability Enterprise Co had a gross margin of 30.25% for the quarter that ended in Sep. 2024 => Competition eroding margins


Ability Enterprise Co Gross Profit Related Terms

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Ability Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 200, Zhonghuan Road, Section 3, Xinzhuang District, New Taipei, TWN, 24242
Ability Enterprise Co Ltd is engaged in the manufacturing, purchases, and sales of digital cameras, optical product components, and film/video accessories. It operates in two segments: Optical Manufacturing, which is into manufacturing and sales of optical products; and Strategic Investing, which focuses on sales of design and manufacturing of optical elements. It derives the majority of its revenue comes from the Optical manufacturing segment. Its geographical segments include Japan, China, Taiwan, and Others in which Japan generates the majority of the revenue.

Ability Enterprise Co Headlines

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