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Delta Electronics (TPE:2308) Gross Margin % : 30.40% (As of Dec. 2023)


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What is Delta Electronics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Delta Electronics's Gross Profit for the three months ended in Dec. 2023 was NT$30,405 Mil. Delta Electronics's Revenue for the three months ended in Dec. 2023 was NT$100,020 Mil. Therefore, Delta Electronics's Gross Margin % for the quarter that ended in Dec. 2023 was 30.40%.


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

TPE:2308' s Gross Margin % Range Over the Past 10 Years
Min: 26.81   Med: 27.77   Max: 30.86
Current: 29.21


During the past 13 years, the highest Gross Margin % of Delta Electronics was 30.86%. The lowest was 26.81%. And the median was 27.77%.

TPE:2308's Gross Margin % is ranked better than
60.09% of 2438 companies
in the Hardware industry
Industry Median: 24.5 vs TPE:2308: 29.21

Delta Electronics had a gross margin of 30.40% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Delta Electronics was 1.30% per year.


Delta Electronics Gross Margin % Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics Gross Margin % Chart

Delta Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.78 30.86 28.67 28.81 29.21

Delta Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only 28.03 27.53 29.21 29.57 30.40

Competitive Comparison of Delta Electronics's Gross Margin %

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics's Gross Margin % Distribution in the Hardware Industry

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

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



Delta Electronics Gross Margin % Calculation

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

Delta Electronics'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 )
=117213 / 401226.501
=(Revenue - Cost of Goods Sold) / Revenue
=(401226.501 - 284013.473) / 401226.501
=29.21 %

Delta Electronics'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 )
=30404.9 / 100020.43
=(Revenue - Cost of Goods Sold) / Revenue
=(100020.43 - 69615.57) / 100020.43
=30.40 %

* 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.


Delta Electronics  (TPE:2308) 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

Delta Electronics had a gross margin of 30.40% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Delta Electronics Gross Margin % Related Terms

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


Delta Electronics (TPE:2308) Business Description

Traded in Other Exchanges
N/A
Address
No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491
Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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