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G-Shank Enterprise Co (TPE:2476) Gross Profit : NT$2,066 Mil (TTM As of Sep. 2024)


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What is G-Shank Enterprise Co Gross Profit?

G-Shank Enterprise Co's gross profit for the three months ended in Sep. 2024 was NT$633 Mil. G-Shank Enterprise Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$2,066 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. G-Shank Enterprise Co's gross profit for the three months ended in Sep. 2024 was NT$633 Mil. G-Shank Enterprise Co's Revenue for the three months ended in Sep. 2024 was NT$1,862 Mil. Therefore, G-Shank Enterprise Co's Gross Margin % for the quarter that ended in Sep. 2024 was 33.98%.

G-Shank Enterprise Co had a gross margin of 33.98% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of G-Shank Enterprise Co was 32.42%. The lowest was 26.26%. And the median was 28.52%.


G-Shank Enterprise Co Gross Profit Historical Data

The historical data trend for G-Shank 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.

G-Shank Enterprise Co Gross Profit Chart

G-Shank 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 1,311.82 1,345.18 1,895.78 1,959.47 1,664.44

G-Shank 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 451.41 449.70 422.66 560.97 632.60

Competitive Comparison of G-Shank Enterprise Co's Gross Profit

For the Specialty Industrial Machinery subindustry, G-Shank 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.


G-Shank Enterprise Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, G-Shank Enterprise Co's Gross Profit distribution charts can be found below:

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



G-Shank Enterprise Co Gross Profit Calculation

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

G-Shank 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
=5746.318 - 4081.875
=1,664

G-Shank 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
=1861.908 - 1229.306
=633

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$2,066 Mil.

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

G-Shank 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
=633 / 1861.908
=33.98 %

* 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.


G-Shank Enterprise Co  (TPE:2476) 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

G-Shank Enterprise Co had a gross margin of 33.98% for the quarter that ended in Sep. 2024 => Competition eroding margins


G-Shank Enterprise Co Gross Profit Related Terms

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G-Shank Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jiuzhou Road, Jiudou Li, Hsinwu District, Taoyuan, TWN
G-Shank Enterprise Co Ltd is a Taiwan-based company, that engages in the production of molds, stamping parts, fixtures and tools, automatic machines and electrical appliances, and mechanical components. Its products include Stepping motors, Spindle motors, Molds, Punching items, Metal stamping tools, and Connectors. Its products are used in Automotive parts, Electronics components, Medical parts, Industrial parts, and others. Geographically the company caters its services to Taiwan, China, Indonesia, Mexico, Malaysia, Thailand, and Japan.

G-Shank Enterprise Co Headlines

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