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InnoCare Optoelectronics (TPE:6861) Gross Profit : NT$552 Mil (TTM As of Dec. 2024)


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What is InnoCare Optoelectronics Gross Profit?

InnoCare Optoelectronics's gross profit for the three months ended in Dec. 2024 was NT$150 Mil. InnoCare Optoelectronics's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$552 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. InnoCare Optoelectronics's gross profit for the three months ended in Dec. 2024 was NT$150 Mil. InnoCare Optoelectronics's Revenue for the three months ended in Dec. 2024 was NT$538 Mil. Therefore, InnoCare Optoelectronics's Gross Margin % for the quarter that ended in Dec. 2024 was 27.82%.

InnoCare Optoelectronics had a gross margin of 27.82% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of InnoCare Optoelectronics was 48.04%. The lowest was 19.62%. And the median was 27.56%.

Warning Sign:

InnoCare Optoelectronics Corp gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


InnoCare Optoelectronics Gross Profit Historical Data

The historical data trend for InnoCare Optoelectronics'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.

InnoCare Optoelectronics Gross Profit Chart

InnoCare Optoelectronics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 458.29 525.92 583.21 502.67 552.28

InnoCare Optoelectronics Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 117.98 115.26 146.16 141.26 149.60

Competitive Comparison of InnoCare Optoelectronics's Gross Profit

For the Medical Devices subindustry, InnoCare Optoelectronics'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.


InnoCare Optoelectronics's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, InnoCare Optoelectronics's Gross Profit distribution charts can be found below:

* The bar in red indicates where InnoCare Optoelectronics's Gross Profit falls into.


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InnoCare Optoelectronics Gross Profit Calculation

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

InnoCare Optoelectronics's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1989.666 - 1437.382
=552

InnoCare Optoelectronics's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=537.682 - 388.079
=150

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$552 Mil.

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

InnoCare Optoelectronics's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=150 / 537.682
=27.82 %

* 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.


InnoCare Optoelectronics  (TPE:6861) 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

InnoCare Optoelectronics had a gross margin of 27.82% for the quarter that ended in Dec. 2024 => Competition eroding margins


InnoCare Optoelectronics Gross Profit Related Terms

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InnoCare Optoelectronics Business Description

Traded in Other Exchanges
N/A
Address
Huanxi Road, Room B, No. 2, Section 2, Southern Science Park, Xincheng District, Tainan, TWN, 17571
InnoCare Optoelectronics Corp designs and manufactures medical devices. The company produces scintillator x-ray TFT sensor modules, x-ray flat panel sensors, and flat panel detectors.

InnoCare Optoelectronics Headlines

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