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VISSEM Electronics Co (XKRX:072950) Gross Profit : ₩10,247 Mil (TTM As of Sep. 2024)


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What is VISSEM Electronics Co Gross Profit?

VISSEM Electronics Co's gross profit for the three months ended in Sep. 2024 was ₩2,807 Mil. VISSEM Electronics Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₩10,247 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VISSEM Electronics Co's gross profit for the three months ended in Sep. 2024 was ₩2,807 Mil. VISSEM Electronics Co's Revenue for the three months ended in Sep. 2024 was ₩22,818 Mil. Therefore, VISSEM Electronics Co's Gross Margin % for the quarter that ended in Sep. 2024 was 12.30%.

VISSEM Electronics Co had a gross margin of 12.30% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of VISSEM Electronics Co was 20.79%. The lowest was 9.71%. And the median was 17.19%.

Warning Sign:

VISSEM Electronics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.8%.


VISSEM Electronics Co Gross Profit Historical Data

The historical data trend for VISSEM Electronics 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.

VISSEM Electronics Co Gross Profit Chart

VISSEM Electronics 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 7,819.18 8,088.30 10,934.14 9,031.65 9,504.25

VISSEM Electronics 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 2,554.90 2,857.53 2,159.18 2,422.70 2,807.11

Competitive Comparison of VISSEM Electronics Co's Gross Profit

For the Electrical Equipment & Parts subindustry, VISSEM Electronics 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.


VISSEM Electronics Co's Gross Profit Distribution in the Industrial Products Industry

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

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



VISSEM Electronics Co Gross Profit Calculation

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

VISSEM Electronics 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
=74104.682 - 64600.434
=9,504

VISSEM Electronics 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
=22818.353 - 20011.24
=2,807

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 ₩10,247 Mil.

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

VISSEM Electronics 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
=2,807 / 22818.353
=12.30 %

* 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.


VISSEM Electronics Co  (XKRX:072950) 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

VISSEM Electronics Co had a gross margin of 12.30% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


VISSEM Electronics Co Gross Profit Related Terms

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VISSEM Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
395 Cheongdeok-dong, Gheung-Gu, Yongin, KOR
VISSEM Electronics Co Ltd is engaged in the manufacturing and sales of LED display system & LED dot matrix module. It offers LED devices and modules, LED screens, LED lights, and LED components. The company also offers optical networks solutions.

VISSEM Electronics Co Headlines

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