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WT Microelectronics Co (TPE:3036) Gross Profit : NT$19,133 Mil (TTM As of Mar. 2024)


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What is WT Microelectronics Co Gross Profit?

WT Microelectronics Co's gross profit for the three months ended in Mar. 2024 was NT$4,870 Mil. WT Microelectronics Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$19,133 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. WT Microelectronics Co's gross profit for the three months ended in Mar. 2024 was NT$4,870 Mil. WT Microelectronics Co's Revenue for the three months ended in Mar. 2024 was NT$192,651 Mil. Therefore, WT Microelectronics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 2.53%.

WT Microelectronics Co had a gross margin of 2.53% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of WT Microelectronics Co was 5.74%. The lowest was 2.87%. And the median was 3.84%.

Warning Sign:

WT Microelectronics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


WT Microelectronics Co Gross Profit Historical Data

The historical data trend for WT Microelectronics 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.

WT Microelectronics Co Gross Profit Chart

WT Microelectronics 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 10,800.41 10,774.42 16,986.64 19,832.16 18,406.26

WT Microelectronics 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 4,143.23 4,205.56 5,061.27 4,996.21 4,869.62

Competitive Comparison of WT Microelectronics Co's Gross Profit

For the Electronic Components subindustry, WT Microelectronics 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.


WT Microelectronics Co's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where WT Microelectronics Co's Gross Profit falls into.



WT Microelectronics Co Gross Profit Calculation

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

WT Microelectronics 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
=594518.813 - 576112.549
=18,406

WT Microelectronics 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
=192651.373 - 187781.75
=4,870

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$19,133 Mil.

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

WT Microelectronics 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
=4,870 / 192651.373
=2.53 %

* 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.


WT Microelectronics Co  (TPE:3036) 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

WT Microelectronics Co had a gross margin of 2.53% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


WT Microelectronics Co Gross Profit Related Terms

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WT Microelectronics Co (TPE:3036) Business Description

Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

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