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Quang Viet Enterprise Co (TPE:4438) Gross Profit : NT$2,117 Mil (TTM As of Sep. 2024)


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What is Quang Viet Enterprise Co Gross Profit?

Quang Viet Enterprise Co's gross profit for the three months ended in Sep. 2024 was NT$1,000 Mil. Quang Viet Enterprise Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$2,117 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Quang Viet Enterprise Co's gross profit for the three months ended in Sep. 2024 was NT$1,000 Mil. Quang Viet Enterprise Co's Revenue for the three months ended in Sep. 2024 was NT$6,584 Mil. Therefore, Quang Viet Enterprise Co's Gross Margin % for the quarter that ended in Sep. 2024 was 15.18%.

Quang Viet Enterprise Co had a gross margin of 15.18% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Quang Viet Enterprise Co was 20.57%. The lowest was 10.55%. And the median was 15.97%.


Quang Viet Enterprise Co Gross Profit Historical Data

The historical data trend for Quang Viet 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.

Quang Viet Enterprise Co Gross Profit Chart

Quang Viet 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 2,545.18 1,285.61 1,871.63 3,266.28 2,485.99

Quang Viet 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 1,049.36 263.29 173.56 680.93 999.69

Competitive Comparison of Quang Viet Enterprise Co's Gross Profit

For the Apparel Manufacturing subindustry, Quang Viet 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.


Quang Viet Enterprise Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Gross Profit falls into.



Quang Viet Enterprise Co Gross Profit Calculation

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

Quang Viet 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
=16552.812 - 14066.818
=2,486

Quang Viet 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
=6584.085 - 5584.391
=1,000

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$2,117 Mil.

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

Quang Viet 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
=1,000 / 6584.085
=15.18 %

* 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.


Quang Viet Enterprise Co  (TPE:4438) 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

Quang Viet Enterprise Co had a gross margin of 15.18% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Quang Viet Enterprise Co Gross Profit Related Terms

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Quang Viet Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is a garment supplying company. The company is engaged in the manufacturing, processing, and sale of garments and raw materials. The company generates the majority of its revenue from the Garment segment. The products of the company include Down jackets, Fiberfill jackets, Light jackets & parkas, and Others. Its geographical segments are North America, China, Europe, Japan, Russia, and Others.

Quang Viet Enterprise Co Headlines

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