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Naintech Co (XKRX:267320) Gross Margin % : 9.18% (As of Mar. 2024)


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What is Naintech Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Naintech Co's Gross Profit for the three months ended in Mar. 2024 was ₩4,105 Mil. Naintech Co's Revenue for the three months ended in Mar. 2024 was ₩44,716 Mil. Therefore, Naintech Co's Gross Margin % for the quarter that ended in Mar. 2024 was 9.18%.


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

XKRX:267320' s Gross Margin % Range Over the Past 10 Years
Min: -0.04   Med: 13.11   Max: 14.67
Current: 6.71


During the past 7 years, the highest Gross Margin % of Naintech Co was 14.67%. The lowest was -0.04%. And the median was 13.11%.

XKRX:267320's Gross Margin % is ranked worse than
93.62% of 2931 companies
in the Industrial Products industry
Industry Median: 26.55 vs XKRX:267320: 6.71

Naintech Co had a gross margin of 9.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Naintech Co was 0.00% per year.


Naintech Co Gross Margin % Historical Data

The historical data trend for Naintech Co'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.

Naintech Co Gross Margin % Chart

Naintech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 14.67 13.11 -0.04 13.35 5.95

Naintech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.20 6.72 4.98 4.70 9.18

Competitive Comparison of Naintech Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Naintech Co'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.


Naintech Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Naintech Co's Gross Margin % distribution charts can be found below:

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



Naintech Co Gross Margin % Calculation

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

Naintech Co'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 )
=7315.9 / 123048.379
=(Revenue - Cost of Goods Sold) / Revenue
=(123048.379 - 115732.453) / 123048.379
=5.95 %

Naintech Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=4105.1 / 44715.916
=(Revenue - Cost of Goods Sold) / Revenue
=(44715.916 - 40610.832) / 44715.916
=9.18 %

* 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.


Naintech Co  (XKRX:267320) 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

Naintech Co had a gross margin of 9.18% for the quarter that ended in Mar. 2024 => No sustainable 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.


Naintech Co Gross Margin % Related Terms

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Naintech Co (XKRX:267320) Business Description

Traded in Other Exchanges
N/A
Address
81, Jeongmunhoihwa-ro, Yanggam-myeon, Gyeonggi-do, Hwaseong-si, KOR
Naintech Co Ltd is engaged in the manufacture and distribution of special-purpose machinery. The product portfolio includes steam cleaner, roll wiper cleaner, backside cleaner, transfer chamber, buffer chamber, loadlock chamber, handler system, and other machines.

Naintech Co (XKRX:267320) Headlines

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