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Makalot Industrial Co (TPE:1477) Gross Margin % : 27.15% (As of Mar. 2024)


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What is Makalot Industrial Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Makalot Industrial Co's Gross Profit for the three months ended in Mar. 2024 was NT$2,337 Mil. Makalot Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$8,608 Mil. Therefore, Makalot Industrial Co's Gross Margin % for the quarter that ended in Mar. 2024 was 27.15%.


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

TPE:1477' s Gross Margin % Range Over the Past 10 Years
Min: 19.33   Med: 22.01   Max: 26.26
Current: 26.26


During the past 13 years, the highest Gross Margin % of Makalot Industrial Co was 26.26%. The lowest was 19.33%. And the median was 22.01%.

TPE:1477's Gross Margin % is ranked better than
51.12% of 1029 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.82 vs TPE:1477: 26.26

Makalot Industrial Co had a gross margin of 27.15% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Makalot Industrial Co was 6.10% per year.


Makalot Industrial Co Gross Margin % Historical Data

The historical data trend for Makalot Industrial 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.

Makalot Industrial Co Gross Margin % Chart

Makalot Industrial Co 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 20.06 22.35 22.59 25.73 25.78

Makalot Industrial 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 25.23 24.60 26.81 26.16 27.15

Competitive Comparison of Makalot Industrial Co's Gross Margin %

For the Apparel Manufacturing subindustry, Makalot Industrial 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.


Makalot Industrial Co's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Makalot Industrial Co's Gross Margin % distribution charts can be found below:

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



Makalot Industrial Co Gross Margin % Calculation

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

Makalot Industrial 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 )
=8366.3 / 32458.726
=(Revenue - Cost of Goods Sold) / Revenue
=(32458.726 - 24092.38) / 32458.726
=25.78 %

Makalot 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 )
=2337 / 8608.029
=(Revenue - Cost of Goods Sold) / Revenue
=(8608.029 - 6270.989) / 8608.029
=27.15 %

* 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.


Makalot Industrial Co  (TPE:1477) 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

Makalot Industrial Co had a gross margin of 27.15% 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.


Makalot Industrial Co Gross Margin % Related Terms

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


Makalot Industrial Co (TPE:1477) Business Description

Traded in Other Exchanges
N/A
Address
No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110
Makalot Industrial Co Ltd is a Taiwan-based company. The company along with its subsidiaries is involved in the manufacturing and processing of garments. Geographically the company earns revenue from the American region and other regions with the majority earned from the American region.

Makalot Industrial Co (TPE:1477) Headlines

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