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Suprema HQ (XKRX:094840) Gross Profit : ₩7,096 Mil (TTM As of Dec. 2024)


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What is Suprema HQ Gross Profit?

Suprema HQ's gross profit for the three months ended in Dec. 2024 was ₩2,049 Mil. Suprema HQ's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₩7,096 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Suprema HQ's gross profit for the three months ended in Dec. 2024 was ₩2,049 Mil. Suprema HQ's Revenue for the three months ended in Dec. 2024 was ₩5,385 Mil. Therefore, Suprema HQ's Gross Margin % for the quarter that ended in Dec. 2024 was 38.05%.

Suprema HQ had a gross margin of 38.05% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Suprema HQ was 44.80%. The lowest was 31.27%. And the median was 38.65%.

Warning Sign:

Suprema HQ Inc gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


Suprema HQ Gross Profit Historical Data

The historical data trend for Suprema HQ'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.

Suprema HQ Gross Profit Chart

Suprema HQ 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 10,829.23 13,829.33 6,776.09 7,794.10 7,095.76

Suprema HQ 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 2,011.79 1,601.89 1,675.65 1,769.26 2,048.96

Competitive Comparison of Suprema HQ's Gross Profit

For the Scientific & Technical Instruments subindustry, Suprema HQ'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.


Suprema HQ's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suprema HQ's Gross Profit distribution charts can be found below:

* The bar in red indicates where Suprema HQ's Gross Profit falls into.


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Suprema HQ Gross Profit Calculation

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

Suprema HQ'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
=20101.969 - 13006.21
=7,096

Suprema HQ's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=5385.029 - 3336.066
=2,049

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 ₩7,096 Mil.

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

Suprema HQ'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
=2,049 / 5385.029
=38.05 %

* 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.


Suprema HQ  (XKRX:094840) 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

Suprema HQ had a gross margin of 38.05% for the quarter that ended in Dec. 2024 => Competition eroding margins


Suprema HQ Gross Profit Related Terms

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Suprema HQ Business Description

Traded in Other Exchanges
N/A
Address
16F Parkview Office Tower, Jeongja-dong, Bundang-gu, Gyeonggi-do, Seongnam, KOR, 463-863
Suprema HQ Inc is a South Korean based company operates in the technology business. It is primarily engaged in the manufacturing of biometrics and security-related products. The products offered by the company access control, and time and attendance platforms, biometric devices, RFID devices, authentication and enrollment scanners and SDK products; and document readers and other products. The company serves various sectors such as private and public, industrial, transportation and other. Geographically the business activities are performed through the region of South Korea and it derives revenue through the sale of mentioned products.

Suprema HQ Headlines

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