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Wonik Holdings Co (XKRX:030530) Gross Profit : ₩173,056 Mil (TTM As of Sep. 2024)


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What is Wonik Holdings Co Gross Profit?

Wonik Holdings Co's gross profit for the three months ended in Sep. 2024 was ₩50,489 Mil. Wonik Holdings Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₩173,056 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wonik Holdings Co's gross profit for the three months ended in Sep. 2024 was ₩50,489 Mil. Wonik Holdings Co's Revenue for the three months ended in Sep. 2024 was ₩146,286 Mil. Therefore, Wonik Holdings Co's Gross Margin % for the quarter that ended in Sep. 2024 was 34.51%.

Wonik Holdings Co had a gross margin of 34.51% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Wonik Holdings Co was 35.31%. The lowest was 21.87%. And the median was 28.06%.

Warning Sign:

Wonik Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


Wonik Holdings Co Gross Profit Historical Data

The historical data trend for Wonik Holdings 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.

Wonik Holdings Co Gross Profit Chart

Wonik Holdings Co 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 136,880.44 171,407.22 224,061.87 212,713.29 163,888.24

Wonik Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 47,874.04 43,443.90 35,784.52 43,338.88 50,488.52

Competitive Comparison of Wonik Holdings Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Wonik Holdings 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.


Wonik Holdings Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wonik Holdings Co's Gross Profit distribution charts can be found below:

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



Wonik Holdings Co Gross Profit Calculation

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

Wonik Holdings Co'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
=749527.05 - 585638.815
=163,888

Wonik Holdings Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=146286.262 - 95797.744
=50,489

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩173,056 Mil.

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

Wonik Holdings Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=50,489 / 146286.262
=34.51 %

* 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.


Wonik Holdings Co  (XKRX:030530) 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

Wonik Holdings Co had a gross margin of 34.51% for the quarter that ended in Sep. 2024 => Competition eroding margins


Wonik Holdings Co Gross Profit Related Terms

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Wonik Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
31-16, Jinwi 2-sandan-ro, Gyeonggi-do, Pyeongtaek-si, KOR
Wonik Holdings Co Ltd is a supplier of miscellaneous goods in Korea. Its suite of products comprises of gas supply systems, gas purifiers, precursor supply systems and secondary pipes. The gas supply systems comprise of gas cabinets, which are designed to maximize uptime, improve safety and enhance yields.

Wonik Holdings Co Headlines

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