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Eastech Holding (TPE:5225) Gross Profit : NT$1,808 Mil (TTM As of Mar. 2024)


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What is Eastech Holding Gross Profit?

Eastech Holding's gross profit for the three months ended in Mar. 2024 was NT$435 Mil. Eastech Holding's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,808 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eastech Holding's gross profit for the three months ended in Mar. 2024 was NT$435 Mil. Eastech Holding's Revenue for the three months ended in Mar. 2024 was NT$2,763 Mil. Therefore, Eastech Holding's Gross Margin % for the quarter that ended in Mar. 2024 was 15.73%.

Eastech Holding had a gross margin of 15.73% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Eastech Holding was 15.88%. The lowest was 5.77%. And the median was 13.49%.


Eastech Holding Gross Profit Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Gross Profit Chart

Eastech Holding 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 1,490.45 516.22 766.26 1,482.84 1,653.25

Eastech Holding 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 279.82 399.02 551.06 423.35 434.61

Competitive Comparison of Eastech Holding's Gross Profit

For the Consumer Electronics subindustry, Eastech Holding'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.


Eastech Holding's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastech Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where Eastech Holding's Gross Profit falls into.



Eastech Holding Gross Profit Calculation

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

Eastech Holding'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
=10640.52 - 8987.27
=1,653

Eastech Holding's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2763.011 - 2328.404
=435

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$1,808 Mil.

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

Eastech Holding'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
=435 / 2763.011
=15.73 %

* 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.


Eastech Holding  (TPE:5225) 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

Eastech Holding had a gross margin of 15.73% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Eastech Holding Gross Profit Related Terms

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Eastech Holding (TPE:5225) Business Description

Traded in Other Exchanges
N/A
Address
8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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