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Hotron Precision Electronic Industrial Co (TPE:3092) Gross Profit : NT$242 Mil (TTM As of Mar. 2024)


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What is Hotron Precision Electronic Industrial Co Gross Profit?

Hotron Precision Electronic Industrial Co's gross profit for the three months ended in Mar. 2024 was NT$50 Mil. Hotron Precision Electronic Industrial Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$242 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hotron Precision Electronic Industrial Co's gross profit for the three months ended in Mar. 2024 was NT$50 Mil. Hotron Precision Electronic Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$450 Mil. Therefore, Hotron Precision Electronic Industrial Co's Gross Margin % for the quarter that ended in Mar. 2024 was 11.08%.

Hotron Precision Electronic Industrial Co had a gross margin of 11.08% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Hotron Precision Electronic Industrial Co was 28.51%. The lowest was 10.55%. And the median was 20.69%.

Warning Sign:

Hotron Precision Electronic Industrial Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.8%.


Hotron Precision Electronic Industrial Co Gross Profit Historical Data

The historical data trend for Hotron Precision Electronic Industrial 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.

* Premium members only.

Hotron Precision Electronic Industrial Co Gross Profit Chart

Hotron Precision Electronic Industrial Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 828.91 772.65 640.43 490.48 578.81

Hotron Precision Electronic Industrial Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Gross Profit 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 87.93 49.65 92.82 99.63 49.85

Competitive Comparison of Hotron Precision Electronic Industrial Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Hotron Precision Electronic Industrial 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.


Hotron Precision Electronic Industrial Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hotron Precision Electronic Industrial Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hotron Precision Electronic Industrial Co's Gross Profit falls into.



Hotron Precision Electronic Industrial Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Hotron Precision Electronic Industrial Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=3362.189 - 2783.377
=579

Hotron Precision Electronic Industrial Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=449.894 - 400.049
=50

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$242 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Hotron Precision Electronic Industrial 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=50 / 449.894
=11.08 %

* 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.


Hotron Precision Electronic Industrial Co  (TPE:3092) 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

Hotron Precision Electronic Industrial Co had a gross margin of 11.08% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Hotron Precision Electronic Industrial Co Gross Profit Related Terms

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Hotron Precision Electronic Industrial Co (TPE:3092) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Xing’al Road, Neihu District, Tapei, TWN, 114
Hotron Precision Electronic Industrial Co Ltd is engaged in the manufacture, and sale of cables and wires of various 3C products. Its products include Electric Car Charging Cables, Solar wires, Various Wires & Cables, Other wires, Electric Wire & Cable, Copper, PVC, Tooling for Metal press / Plastic injection, Products Of Metal Pressed Work, Composite Mylar Al. foil, and Connector. Its products are used by telecommunication, IT, power, auto industry, and medical appliances sector.

Hotron Precision Electronic Industrial Co (TPE:3092) Headlines

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