GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Space Shuttle Hi-Tech Co Ltd (TPE:2440) » Definitions » Gross Profit

Space Shuttle Hi-Tech Co (TPE:2440) Gross Profit : NT$80 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Space Shuttle Hi-Tech Co Gross Profit?

Space Shuttle Hi-Tech Co's gross profit for the three months ended in Mar. 2024 was NT$27 Mil. Space Shuttle Hi-Tech Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$80 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Space Shuttle Hi-Tech Co's gross profit for the three months ended in Mar. 2024 was NT$27 Mil. Space Shuttle Hi-Tech Co's Revenue for the three months ended in Mar. 2024 was NT$790 Mil. Therefore, Space Shuttle Hi-Tech Co's Gross Margin % for the quarter that ended in Mar. 2024 was 3.45%.

Space Shuttle Hi-Tech Co had a gross margin of 3.45% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Space Shuttle Hi-Tech Co was 9.94%. The lowest was 2.34%. And the median was 7.46%.

Warning Sign:

Space Shuttle Hi-Tech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.4%.


Space Shuttle Hi-Tech Co Gross Profit Historical Data

The historical data trend for Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co Gross Profit Chart

Space Shuttle Hi-Tech 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 170.73 268.86 308.71 187.31 69.19

Space Shuttle Hi-Tech Co 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 16.26 13.18 13.03 26.71 27.23

Competitive Comparison of Space Shuttle Hi-Tech Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech 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.


Space Shuttle Hi-Tech Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Space Shuttle Hi-Tech Co's Gross Profit falls into.



Space Shuttle Hi-Tech Co Gross Profit Calculation

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

Space Shuttle Hi-Tech 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
=2957.327 - 2888.134
=69

Space Shuttle Hi-Tech Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=789.662 - 762.429
=27

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$80 Mil.

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

Space Shuttle Hi-Tech Co'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
=27 / 789.662
=3.45 %

* 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.


Space Shuttle Hi-Tech Co  (TPE:2440) 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

Space Shuttle Hi-Tech Co had a gross margin of 3.45% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Space Shuttle Hi-Tech Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Space Shuttle Hi-Tech Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Space Shuttle Hi-Tech Co (TPE:2440) Business Description

Traded in Other Exchanges
N/A
Address
9th floor-2, Number 23, HUANKE 1ST ROAD, ZHUBEI CITY, Hsin-chu Hsien, TWN
Space Shuttle Hi-Tech Co Ltd is principally engaged in in the re-processing of copper and the manufacture and sales of wires, cables, and optical fiber patch cords. The company generates majority of the revenue from selling Copper materials. The company mainly operates in Asia , hence all the revenues come from Asia itself.

Space Shuttle Hi-Tech Co (TPE:2440) Headlines

No Headlines