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Dongwon Systems (XKRX:014820) Gross Profit : ₩151,372 Mil (TTM As of Dec. 2023)


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What is Dongwon Systems Gross Profit?

Dongwon Systems's gross profit for the three months ended in Dec. 2023 was ₩32,578 Mil. Dongwon Systems's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩151,372 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dongwon Systems's gross profit for the three months ended in Dec. 2023 was ₩32,578 Mil. Dongwon Systems's Revenue for the three months ended in Dec. 2023 was ₩299,281 Mil. Therefore, Dongwon Systems's Gross Margin % for the quarter that ended in Dec. 2023 was 10.89%.

Dongwon Systems had a gross margin of 10.89% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Dongwon Systems was 15.20%. The lowest was 10.49%. And the median was 12.88%.

Warning Sign:

Dongwon Systems Corp gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Dongwon Systems Gross Profit Historical Data

The historical data trend for Dongwon Systems'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.

Dongwon Systems Gross Profit Chart

Dongwon Systems 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 130,670.79 152,915.89 155,595.06 162,796.98 152,839.97

Dongwon Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 35,262.51 34,748.41 43,251.82 40,793.65 32,577.70

Competitive Comparison of Dongwon Systems's Gross Profit

For the Packaging & Containers subindustry, Dongwon Systems'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.


Dongwon Systems's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Dongwon Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dongwon Systems's Gross Profit falls into.



Dongwon Systems Gross Profit Calculation

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

Dongwon Systems'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
=1276650.646 - 1123810.68
=152,840

Dongwon Systems's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=299280.534 - 266702.83
=32,578

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩151,372 Mil.

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

Dongwon Systems's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=32,578 / 299280.534
=10.89 %

* 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.


Dongwon Systems  (XKRX:014820) 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

Dongwon Systems had a gross margin of 10.89% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Dongwon Systems Gross Profit Related Terms

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Dongwon Systems (XKRX:014820) Business Description

Traded in Other Exchanges
Address
68, Mabang-ro, Dongwon Industrial Building, Seocho-gu, Seoul, KOR, 430-030
Dongwon Systems Corp is engaged in the business of packaging. Its categories include soft packing; glass bottle; PET bottle; aluminum can; steel cans; paper box; industrial film; sanitary film and others.

Dongwon Systems (XKRX:014820) Headlines

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