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Speco Co (XKRX:013810) Gross Profit : ₩1,386 Mil (TTM As of Dec. 2024)


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What is Speco Co Gross Profit?

Speco Co's gross profit for the three months ended in Dec. 2024 was ₩379 Mil. Speco Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₩1,386 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Speco Co's gross profit for the three months ended in Dec. 2024 was ₩379 Mil. Speco Co's Revenue for the three months ended in Dec. 2024 was ₩9,463 Mil. Therefore, Speco Co's Gross Margin % for the quarter that ended in Dec. 2024 was 4.01%.

Speco Co had a gross margin of 4.01% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Speco Co was 26.53%. The lowest was 5.10%. And the median was 18.85%.

Warning Sign:

Speco Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.4%.


Speco Co Gross Profit Historical Data

The historical data trend for Speco 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.

Speco Co Gross Profit Chart

Speco 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 19,500.57 10,481.26 5,203.84 6,097.80 1,385.65

Speco 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 1,245.08 -214.30 700.67 519.87 379.41

Competitive Comparison of Speco Co's Gross Profit

For the Building Materials subindustry, Speco 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.


Speco Co's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Speco Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Speco Co's Gross Profit falls into.


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Speco Co Gross Profit Calculation

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

Speco 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
=27191.52 - 25805.875
=1,386

Speco 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
=9462.722 - 9083.314
=379

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 ₩1,386 Mil.

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

Speco 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
=379 / 9462.722
=4.01 %

* 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.


Speco Co  (XKRX:013810) 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

Speco Co had a gross margin of 4.01% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Speco Co Gross Profit Related Terms

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Speco Co Business Description

Traded in Other Exchanges
N/A
Address
313, Soi-ro, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872
Speco Co Ltd is engaged in manufacturing of asphalt plants used in road construction and infrastructure projects. The company operates in four business divisions: Asphalt plant is engaged in supplying stationary asphalt plants; Concrete plant is engaged in the operation of SPECO B/P computerized operation system supplying concrete; Crushing plant is engaged in crushing particles using jaw crusher and cone crusher machines, and Wind Power is engaged in manufacturing wind power turbines.

Speco Co Headlines

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