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V One Tech Co (XKRX:251630) Gross Profit : ₩21,216 Mil (TTM As of Jun. 2024)


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What is V One Tech Co Gross Profit?

V One Tech Co's gross profit for the three months ended in Jun. 2024 was ₩2,877 Mil. V One Tech Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ₩21,216 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. V One Tech Co's gross profit for the three months ended in Jun. 2024 was ₩2,877 Mil. V One Tech Co's Revenue for the three months ended in Jun. 2024 was ₩15,303 Mil. Therefore, V One Tech Co's Gross Margin % for the quarter that ended in Jun. 2024 was 18.80%.

V One Tech Co had a gross margin of 18.80% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of V One Tech Co was 50.18%. The lowest was 21.95%. And the median was 39.41%.

Warning Sign:

V One Tech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.5%.


V One Tech Co Gross Profit Historical Data

The historical data trend for V One Tech 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.

V One Tech Co Gross Profit Chart

V One Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 9,612.70 12,251.47 13,917.14 13,669.00 17,951.62

V One Tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,985.36 5,202.26 8,951.62 4,184.98 2,877.26

Competitive Comparison of V One Tech Co's Gross Profit

For the Scientific & Technical Instruments subindustry, V One Tech 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.


V One Tech Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V One Tech Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where V One Tech Co's Gross Profit falls into.



V One Tech Co Gross Profit Calculation

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

V One Tech 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
=81783.668 - 63832.048
=17,952

V One Tech Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=15302.792 - 12425.533
=2,877

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩21,216 Mil.

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

V One Tech Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,877 / 15302.792
=18.80 %

* 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.


V One Tech Co  (XKRX:251630) 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

V One Tech Co had a gross margin of 18.80% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


V One Tech Co Gross Profit Related Terms

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V One Tech Co Business Description

Traded in Other Exchanges
N/A
Address
660, Daewangpangyo-ro, 1A 710 Sampyeong-dong, Uspace1, Bundang-gu-do, Seongnam-si, KOR, 463-400
V One Tech Co Ltd is a manufacturer of inspection systems such as AKKON AOI systems. The AKKON AOI machine is equipped with a vision system, which are used in inspection processes.

V One Tech Co Headlines

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