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JETEMA Co (XKRX:216080) Gross Profit : ₩28,298 Mil (TTM As of Dec. 2023)


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What is JETEMA Co Gross Profit?

JETEMA Co's gross profit for the three months ended in Dec. 2023 was ₩7,583 Mil. JETEMA Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩28,298 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JETEMA Co's gross profit for the three months ended in Dec. 2023 was ₩7,583 Mil. JETEMA Co's Revenue for the three months ended in Dec. 2023 was ₩15,193 Mil. Therefore, JETEMA Co's Gross Margin % for the quarter that ended in Dec. 2023 was 49.91%.

JETEMA Co had a gross margin of 49.91% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of JETEMA Co was 48.46%. The lowest was 33.20%. And the median was 45.72%.


JETEMA Co Gross Profit Historical Data

The historical data trend for JETEMA 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.

JETEMA Co Gross Profit Chart

JETEMA Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 6,126.97 8,801.86 15,069.88 22,287.59 28,298.01

JETEMA Co 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 6,685.37 6,286.15 7,236.56 7,192.39 7,582.90

Competitive Comparison of JETEMA Co's Gross Profit

For the Biotechnology subindustry, JETEMA 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.


JETEMA Co's Gross Profit Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, JETEMA Co's Gross Profit distribution charts can be found below:

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



JETEMA Co Gross Profit Calculation

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

JETEMA 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
=58716.077 - 30418.064
=28,298

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=15193.343 - 7610.439
=7,583

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 ₩28,298 Mil.

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

JETEMA Co'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
=7,583 / 15193.343
=49.91 %

* 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.


JETEMA Co  (XKRX:216080) 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

JETEMA Co had a gross margin of 49.91% for the quarter that ended in Dec. 2023 => Durable competitive advantage


JETEMA Co Gross Profit Related Terms

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JETEMA Co (XKRX:216080) Business Description

Traded in Other Exchanges
N/A
Address
1283-4, Gagok-ri, Jijeong-myeon, Gangwon-do, Wonju, KOR
JETEMA Co Ltd is a bio venture company. It offers products such as Botulinum toxin, Filler, Anti-aging solutions. The company also offers medical devices and cosmetics.

JETEMA Co (XKRX:216080) Headlines

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