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Victek Co (XKRX:065450) Gross Profit : ₩6,188 Mil (TTM As of Sep. 2024)


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What is Victek Co Gross Profit?

Victek Co's gross profit for the three months ended in Sep. 2024 was ₩2,279 Mil. Victek Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₩6,188 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Victek Co's gross profit for the three months ended in Sep. 2024 was ₩2,279 Mil. Victek Co's Revenue for the three months ended in Sep. 2024 was ₩15,490 Mil. Therefore, Victek Co's Gross Margin % for the quarter that ended in Sep. 2024 was 14.71%.

Victek Co had a gross margin of 14.71% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Victek Co was 15.24%. The lowest was 3.34%. And the median was 10.92%.

Warning Sign:

Victek Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -22.1%.


Victek Co Gross Profit Historical Data

The historical data trend for Victek 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.

Victek Co Gross Profit Chart

Victek 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 7,464.24 7,411.88 12,187.06 6,238.53 1,836.92

Victek 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 912.78 750.29 1,754.37 1,404.24 2,278.67

Competitive Comparison of Victek Co's Gross Profit

For the Aerospace & Defense subindustry, Victek 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.


Victek Co's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Victek Co's Gross Profit distribution charts can be found below:

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



Victek Co Gross Profit Calculation

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

Victek 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
=54928.578 - 53091.657
=1,837

Victek 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
=15489.515 - 13210.85
=2,279

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 ₩6,188 Mil.

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

Victek 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
=2,279 / 15489.515
=14.71 %

* 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.


Victek Co  (XKRX:065450) 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

Victek Co had a gross margin of 14.71% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Victek Co Gross Profit Related Terms

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Victek Co Business Description

Traded in Other Exchanges
N/A
Address
349 Gakpyeong-ri, Majang-myeon, Icheon-si, Gyeonggi, KOR, 467-814
Victek Co Ltd is a South Korean company operating in aerospace and defense industry. The company is engaged in research and development of electronic warfare system, information surveillance system, high voltage power supply system, and public bicycle system.

Victek Co Headlines

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