GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asia Tech Image Inc (ROCO:4974) » Definitions » Gross Margin %

Asia Tech Image (ROCO:4974) Gross Margin % : 16.71% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Asia Tech Image Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asia Tech Image's Gross Profit for the three months ended in Mar. 2024 was NT$143 Mil. Asia Tech Image's Revenue for the three months ended in Mar. 2024 was NT$855 Mil. Therefore, Asia Tech Image's Gross Margin % for the quarter that ended in Mar. 2024 was 16.71%.


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

ROCO:4974' s Gross Margin % Range Over the Past 10 Years
Min: 12.51   Med: 15.32   Max: 17.76
Current: 16.4


During the past 13 years, the highest Gross Margin % of Asia Tech Image was 17.76%. The lowest was 12.51%. And the median was 15.32%.

ROCO:4974's Gross Margin % is ranked worse than
69.42% of 2436 companies
in the Hardware industry
Industry Median: 24.455 vs ROCO:4974: 16.40

Asia Tech Image had a gross margin of 16.71% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia Tech Image was 3.50% per year.


Asia Tech Image Gross Margin % Historical Data

The historical data trend for Asia Tech Image'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.

Asia Tech Image Gross Margin % Chart

Asia Tech Image 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 15.34 17.72 16.89 17.76 16.31

Asia Tech Image 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 16.34 17.87 17.45 13.17 16.71

Competitive Comparison of Asia Tech Image's Gross Margin %

For the Electronic Components subindustry, Asia Tech Image'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.


Asia Tech Image's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Asia Tech Image's Gross Margin % falls into.



Asia Tech Image Gross Margin % Calculation

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

Asia Tech Image'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 )
=577.3 / 3539.084
=(Revenue - Cost of Goods Sold) / Revenue
=(3539.084 - 2961.81) / 3539.084
=16.31 %

Asia Tech Image'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 )
=142.9 / 855.208
=(Revenue - Cost of Goods Sold) / Revenue
=(855.208 - 712.292) / 855.208
=16.71 %

* 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.


Asia Tech Image  (ROCO:4974) 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

Asia Tech Image had a gross margin of 16.71% 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.


Asia Tech Image Gross Margin % Related Terms

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


Asia Tech Image (ROCO:4974) Business Description

Traded in Other Exchanges
N/A
Address
Zhongzheng Road, 2nd Floor, No. 880, Zhonghe District, Taipei, TWN
Asia Tech Image Inc is engaged in manufacturing and selling contact image sensor modules the scope of product application is mainly for multi-functional business machines. its product includes CIS modules applied to Inkjet multi-functional printers (MFP), Laser MFP, Scanners, Plain paper copiers, and digital photo frames. It operates in three principal geographical areas including Taiwan, China, and Burma.

Asia Tech Image (ROCO:4974) Headlines

No Headlines