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Contec Co (XKRX:451760) Gross Profit : ₩12,759 Mil (TTM As of Dec. 2024)


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What is Contec Co Gross Profit?

Contec Co's gross profit for the three months ended in Dec. 2024 was ₩6,500 Mil. Contec Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₩12,759 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Contec Co's gross profit for the three months ended in Dec. 2024 was ₩6,500 Mil. Contec Co's Revenue for the three months ended in Dec. 2024 was ₩38,088 Mil. Therefore, Contec Co's Gross Margin % for the quarter that ended in Dec. 2024 was 17.07%.

Contec Co had a gross margin of 17.07% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of Contec Co was 18.50%. The lowest was 2.64%. And the median was 14.04%.


Contec Co Gross Profit Historical Data

The historical data trend for Contec 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.

Contec Co Gross Profit Chart

Contec Co Annual Data
Trend Dec22 Dec23 Dec24
Gross Profit
1,791.19 417.16 12,759.34

Contec Co Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only 718.89 317.25 89.50 5,852.64 6,499.95

Competitive Comparison of Contec Co's Gross Profit

For the Software - Infrastructure subindustry, Contec 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.


Contec Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Contec Co's Gross Profit distribution charts can be found below:

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


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Contec Co Gross Profit Calculation

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

Contec Co'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
=68983.082 - 56223.744
=12,759

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=38088.015 - 31588.069
=6,500

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 ₩12,759 Mil.

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

Contec Co'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
=6,500 / 38088.015
=17.07 %

* 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.


Contec Co  (XKRX:451760) 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

Contec Co had a gross margin of 17.07% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Contec Co Gross Profit Related Terms

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Contec Co Business Description

Traded in Other Exchanges
N/A
Address
169-84 Gwahak-ro, Yuseong-gu, Daejeon, KOR, 34133
Contec Co Ltd provides easy to use ground station services and Satellite Image Processing & Application Services for satellite operations. It has expanded ground station network in North America, Europe, Africa and Asia, allowing continuous monitoring of spacecraft. CONTEC ONE is the satellite communication platform offered by the company.

Contec Co Headlines

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