GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mloptic Corp (SHSE:688502) » Definitions » Gross Margin %

Mloptic (SHSE:688502) Gross Margin % : 54.13% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Mloptic Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mloptic's Gross Profit for the three months ended in Dec. 2023 was ¥53.2 Mil. Mloptic's Revenue for the three months ended in Dec. 2023 was ¥98.2 Mil. Therefore, Mloptic's Gross Margin % for the quarter that ended in Dec. 2023 was 54.13%.


The historical rank and industry rank for Mloptic's Gross Margin % or its related term are showing as below:

SHSE:688502' s Gross Margin % Range Over the Past 10 Years
Min: 37.48   Med: 49.6   Max: 58.98
Current: 51.89


During the past 9 years, the highest Gross Margin % of Mloptic was 58.98%. The lowest was 37.48%. And the median was 49.60%.

SHSE:688502's Gross Margin % is ranked better than
89.58% of 2437 companies
in the Hardware industry
Industry Median: 24.5 vs SHSE:688502: 51.89

Mloptic had a gross margin of 54.13% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mloptic was -0.80% per year.


Mloptic Gross Margin % Historical Data

The historical data trend for Mloptic's Gross Margin % 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.

Mloptic Gross Margin % Chart

Mloptic Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 56.71 58.98 52.87 49.52 51.89

Mloptic Quarterly Data
Dec13 Dec14 Mar15 Dec17 Dec18 Dec19 Mar20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 53.40 51.68 54.84 47.50 54.13

Competitive Comparison of Mloptic's Gross Margin %

For the Scientific & Technical Instruments subindustry, Mloptic's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Mloptic's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mloptic's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mloptic's Gross Margin % falls into.



Mloptic Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Mloptic's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=237.7 / 458.028
=(Revenue - Cost of Goods Sold) / Revenue
=(458.028 - 220.34) / 458.028
=51.89 %

Mloptic'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 )
=53.2 / 98.231
=(Revenue - Cost of Goods Sold) / Revenue
=(98.231 - 45.054) / 98.231
=54.13 %

* 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.


Mloptic  (SHSE:688502) Gross Margin % 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

Mloptic had a gross margin of 54.13% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Mloptic Gross Margin % Related Terms

Thank you for viewing the detailed overview of Mloptic's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mloptic (SHSE:688502) Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Pugang Street, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Mloptic Corp is engaged in the research and development, design, manufacture and sales of precision optical devices, optical lenses and optical systems.

Mloptic (SHSE:688502) Headlines

No Headlines