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Radiation Technology (ROCO:6514) Gross Margin % : 25.26% (As of Mar. 2024)


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What is Radiation Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Radiation Technology's Gross Profit for the three months ended in Mar. 2024 was NT$31.5 Mil. Radiation Technology's Revenue for the three months ended in Mar. 2024 was NT$124.8 Mil. Therefore, Radiation Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 25.26%.


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

ROCO:6514' s Gross Margin % Range Over the Past 10 Years
Min: 8.06   Med: 26.42   Max: 29.67
Current: 28.58


During the past 11 years, the highest Gross Margin % of Radiation Technology was 29.67%. The lowest was 8.06%. And the median was 26.42%.

ROCO:6514's Gross Margin % is ranked better than
58.74% of 2438 companies
in the Hardware industry
Industry Median: 24.415 vs ROCO:6514: 28.58

Radiation Technology had a gross margin of 25.26% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Radiation Technology was 2.10% per year.


Radiation Technology Gross Margin % Historical Data

The historical data trend for Radiation Technology'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.

Radiation Technology Gross Margin % Chart

Radiation Technology 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 26.06 28.10 26.69 26.15 29.67

Radiation Technology 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 29.48 26.89 30.02 31.90 25.26

Competitive Comparison of Radiation Technology's Gross Margin %

For the Communication Equipment subindustry, Radiation Technology'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.


Radiation Technology's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Radiation Technology's Gross Margin % falls into.



Radiation Technology Gross Margin % Calculation

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

Radiation Technology'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 )
=144.3 / 486.578
=(Revenue - Cost of Goods Sold) / Revenue
=(486.578 - 342.233) / 486.578
=29.67 %

Radiation Technology'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 )
=31.5 / 124.759
=(Revenue - Cost of Goods Sold) / Revenue
=(124.759 - 93.244) / 124.759
=25.26 %

* 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.


Radiation Technology  (ROCO:6514) 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

Radiation Technology had a gross margin of 25.26% for the quarter that ended in Mar. 2024 => 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.


Radiation Technology Gross Margin % Related Terms

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Radiation Technology (ROCO:6514) Business Description

Traded in Other Exchanges
N/A
Address
2nd floor, Number 1, Gongjian Road, Qidu District, Keelung, TWN, 206
Radiation Technology Inc designs and manufactures antennas, cable assembly, and other communication products in Taiwan. It offers LTE/4G/BTS, IoT/Intelligent, Automotive, RFID/healthcare, GPS/transportation, and wireless communication antennas, as well as semi-rigid and flexible RF cable assembly products, RF connectors, wire harness, medical cables, computer cables, network cables, microwave devices, and others. It generates a vast majority of its revenues from the sales of antenna and component of communication equipment. The company has operations in Mainland China, Asia, America, Europe, and Oceania.

Radiation Technology (ROCO:6514) Headlines

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