Seers Technology Co's gross profit for the
three
months ended in Sep. 2024 was ₩-36 Mil. Seers Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-216 Mil.
Seers Technology Co had a gross margin of -3.71% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Seers Technology Co was 12.32%. The lowest was -47.79%. And the median was -10.35%.
Seers Technology Co Gross Profit Historical Data
The historical data trend for Seers Technology 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.
Competitive Comparison of Seers Technology Co's Gross Profit
For the Medical Devices subindustry, Seers Technology 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.
Seers Technology Co's Gross Profit Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Seers Technology Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Seers Technology Co's Gross Profit falls into.
Seers Technology Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Seers Technology Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 ₩-216 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Seers Technology Co (XKRX:458870) 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
Seers Technology Co had a gross margin of -3.71% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
Seers Technology Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Seers Technology Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Seers Technology Co Ltd is a Company that provides diagnostic support services such as mobicare and patient monitoring service thync to domestic and foreign medical institutions based on IoMT (Internet of Medical Things) platform technology using bio-signal analysis artificial intelligence algorithms and wearable medical devices. Its main technology products, which utilize bio-signal analysis AI algorithms and wearable medical device-based platform technology, are diagnostic support solutions that can be used for disease diagnosis and prognosis management and provide feedback by monitoring and analyzing patients' bio-signals in real time. It is a patient monitoring solution and provides fee-based diagnostic monitoring services using certified medical devices.
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