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Chaintech Technology (TPE:2425) Gross Profit : NT$677 Mil (TTM As of Mar. 2024)


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What is Chaintech Technology Gross Profit?

Chaintech Technology's gross profit for the three months ended in Mar. 2024 was NT$104 Mil. Chaintech Technology's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$677 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chaintech Technology's gross profit for the three months ended in Mar. 2024 was NT$104 Mil. Chaintech Technology's Revenue for the three months ended in Mar. 2024 was NT$1,176 Mil. Therefore, Chaintech Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 8.81%.

Chaintech Technology had a gross margin of 8.81% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Chaintech Technology was 10.38%. The lowest was 1.81%. And the median was 8.11%.


Chaintech Technology Gross Profit Historical Data

The historical data trend for Chaintech Technology'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.

Chaintech Technology Gross Profit Chart

Chaintech Technology 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 332.64 437.01 676.40 622.86 682.47

Chaintech Technology 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 109.10 155.80 198.06 219.52 103.64

Competitive Comparison of Chaintech Technology's Gross Profit

For the Computer Hardware subindustry, Chaintech Technology'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.


Chaintech Technology's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Chaintech Technology's Gross Profit falls into.



Chaintech Technology Gross Profit Calculation

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

Chaintech Technology'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
=6823.399 - 6140.927
=682

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1175.932 - 1072.288
=104

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$677 Mil.

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

Chaintech Technology'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
=104 / 1175.932
=8.81 %

* 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.


Chaintech Technology  (TPE:2425) 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

Chaintech Technology had a gross margin of 8.81% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Chaintech Technology Gross Profit Related Terms

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Chaintech Technology (TPE:2425) Business Description

Traded in Other Exchanges
N/A
Address
No. 48-3, Minsheng Road, 3rd Floor, Xindian District, New Taipei City, TWN, 23141
Chaintech Technology Corp is engaged in the business of buying and selling and manufacturing motherboards, display cards, and computer peripherals. The company has reportable segments named consumer electronic products and AI servers. It generates revenues from the sales of computer peripherals, all-in-one (AIO), and service revenues from China. Geographically Mainland china is the major contributor of the revenue for the company.

Chaintech Technology (TPE:2425) Headlines

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