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Elite Advanced Laser (TPE:3450) Gross Profit : NT$1,452 Mil (TTM As of Sep. 2024)


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What is Elite Advanced Laser Gross Profit?

Elite Advanced Laser's gross profit for the three months ended in Sep. 2024 was NT$579 Mil. Elite Advanced Laser's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$1,452 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Elite Advanced Laser's gross profit for the three months ended in Sep. 2024 was NT$579 Mil. Elite Advanced Laser's Revenue for the three months ended in Sep. 2024 was NT$2,101 Mil. Therefore, Elite Advanced Laser's Gross Margin % for the quarter that ended in Sep. 2024 was 27.56%.

Elite Advanced Laser had a gross margin of 27.56% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Elite Advanced Laser was 31.15%. The lowest was 14.92%. And the median was 23.38%.

Warning Sign:

Elite Advanced Laser Corp gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


Elite Advanced Laser Gross Profit Historical Data

The historical data trend for Elite Advanced Laser'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.

Elite Advanced Laser Gross Profit Chart

Elite Advanced Laser 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 1,284.28 1,426.47 1,692.67 1,291.99 805.30

Elite Advanced Laser 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 181.79 220.81 257.09 394.68 578.94

Competitive Comparison of Elite Advanced Laser's Gross Profit

For the Semiconductor Equipment & Materials subindustry, Elite Advanced Laser'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.


Elite Advanced Laser's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Elite Advanced Laser's Gross Profit distribution charts can be found below:

* The bar in red indicates where Elite Advanced Laser's Gross Profit falls into.



Elite Advanced Laser Gross Profit Calculation

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

Elite Advanced Laser'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
=5399.197 - 4593.894
=805

Elite Advanced Laser's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2100.77 - 1521.831
=579

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$1,452 Mil.

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

Elite Advanced Laser'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
=579 / 2100.77
=27.56 %

* 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.


Elite Advanced Laser  (TPE:3450) 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

Elite Advanced Laser had a gross margin of 27.56% for the quarter that ended in Sep. 2024 => Competition eroding margins


Elite Advanced Laser Gross Profit Related Terms

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Elite Advanced Laser Business Description

Traded in Other Exchanges
N/A
Address
10th Floor, 35 Qiao'an Street, Zhonghe District, New Taipei City, TWN, 235026
Elite Advanced Laser Corp is a Taiwanese technology company. The reportable segments of the company are the Optoelectronics industry and the Semiconductor segment. The company generates the majority of its revenue from the Semiconductor segment.

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