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Formosa Advanced Technologies Co (TPE:8131) Gross Profit : NT$1,143 Mil (TTM As of Dec. 2024)


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What is Formosa Advanced Technologies Co Gross Profit?

Formosa Advanced Technologies Co's gross profit for the three months ended in Dec. 2024 was NT$183 Mil. Formosa Advanced Technologies Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was NT$1,143 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Formosa Advanced Technologies Co's gross profit for the three months ended in Dec. 2024 was NT$183 Mil. Formosa Advanced Technologies Co's Revenue for the three months ended in Dec. 2024 was NT$2,155 Mil. Therefore, Formosa Advanced Technologies Co's Gross Margin % for the quarter that ended in Dec. 2024 was 8.50%.

Formosa Advanced Technologies Co had a gross margin of 8.50% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Formosa Advanced Technologies Co was 21.02%. The lowest was 7.88%. And the median was 17.70%.

Warning Sign:

Formosa Advanced Technologies Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.5%.


Formosa Advanced Technologies Co Gross Profit Historical Data

The historical data trend for Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co Gross Profit Chart

Formosa Advanced Technologies Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,889.71 2,088.88 2,191.19 602.90 1,142.56

Formosa Advanced Technologies Co Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only 134.16 374.98 382.96 201.45 183.17

Competitive Comparison of Formosa Advanced Technologies Co's Gross Profit

For the Semiconductors subindustry, Formosa Advanced Technologies 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.


Formosa Advanced Technologies Co's Gross Profit Distribution in the Semiconductors Industry

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

* The bar in red indicates where Formosa Advanced Technologies Co's Gross Profit falls into.


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Formosa Advanced Technologies Co Gross Profit Calculation

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

Formosa Advanced Technologies Co'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
=8932.564 - 7790.003
=1,143

Formosa Advanced Technologies Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=2154.973 - 1971.799
=183

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$1,143 Mil.

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

Formosa Advanced Technologies Co'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
=183 / 2154.973
=8.50 %

* 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.


Formosa Advanced Technologies Co  (TPE:8131) 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

Formosa Advanced Technologies Co had a gross margin of 8.50% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Formosa Advanced Technologies Co Gross Profit Related Terms

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Formosa Advanced Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No.329, Henan Street, Douliu, TWN, 640
Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing and module Turn-Key service in Taiwan. Its operations include the packaging, testing, processing, and research and development of integrated chips. The group's business activity is operated in Taiwan, Hong Kong, and South Korea. It provides services applied in thin small-outline packages (TSOPs), quad flat packages (QFPs), ball grid array (BGA) packages, chip probing (CP) testing, solid-state disk (SSD) testing, system-in-package (SIP) testing, embedded multimedia card (eMMC) testing, as well as cutting, grinding and testing of light-emitting diodes (LED) wafers, among others.

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