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IMT Co (XKRX:451220) Gross Margin % : 31.02% (As of Dec. 2023)


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What is IMT Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. IMT Co's Gross Profit for the three months ended in Dec. 2023 was ₩373 Mil. IMT Co's Revenue for the three months ended in Dec. 2023 was ₩1,202 Mil. Therefore, IMT Co's Gross Margin % for the quarter that ended in Dec. 2023 was 31.02%.


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

XKRX:451220' s Gross Margin % Range Over the Past 10 Years
Min: 27.42   Med: 35.63   Max: 37.78
Current: 27.42


During the past 3 years, the highest Gross Margin % of IMT Co was 37.78%. The lowest was 27.42%. And the median was 35.63%.

XKRX:451220's Gross Margin % is ranked better than
53.25% of 2939 companies
in the Industrial Products industry
Industry Median: 26.39 vs XKRX:451220: 27.42

IMT Co had a gross margin of 31.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


IMT Co Gross Margin % Historical Data

The historical data trend for IMT 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.

IMT Co Gross Margin % Chart

IMT Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
35.63 37.78 34.93

IMT Co Quarterly Data
Sep22 Dec22 Sep23 Dec23
Gross Margin % 51.88 40.46 23.66 31.02

Competitive Comparison of IMT Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, IMT 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.


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

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

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



IMT Co Gross Margin % Calculation

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

IMT 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 )
=2260.1 / 6469.805
=(Revenue - Cost of Goods Sold) / Revenue
=(6469.805 - 4209.672) / 6469.805
=34.93 %

IMT Co'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 )
=373 / 1202.423
=(Revenue - Cost of Goods Sold) / Revenue
=(1202.423 - 829.424) / 1202.423
=31.02 %

* 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.


IMT Co  (XKRX:451220) 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

IMT Co had a gross margin of 31.02% 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.


IMT Co Gross Margin % Related Terms

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IMT Co (XKRX:451220) Business Description

Traded in Other Exchanges
N/A
Address
8th floor, Building 1, 306 Sinwon-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR
IMT Co Ltd is a company engaged in engaged in dry cleaning equipment business, EUV mask laser application equipment business, and parts business. Their dry-cleaning technology is applied on producing high-tech products such as semiconductor, display, smart phone and etc.

IMT Co (XKRX:451220) Headlines

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