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Laster Tech Co (TPE:3346) Gross Margin % : 12.30% (As of Mar. 2024)


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What is Laster Tech Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Laster Tech Co's Gross Profit for the three months ended in Mar. 2024 was NT$215 Mil. Laster Tech Co's Revenue for the three months ended in Mar. 2024 was NT$1,752 Mil. Therefore, Laster Tech Co's Gross Margin % for the quarter that ended in Mar. 2024 was 12.30%.

Warning Sign:

Laster Tech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7%.


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

TPE:3346' s Gross Margin % Range Over the Past 10 Years
Min: 12.6   Med: 17.22   Max: 22.26
Current: 12.6


During the past 12 years, the highest Gross Margin % of Laster Tech Co was 22.26%. The lowest was 12.60%. And the median was 17.22%.

TPE:3346's Gross Margin % is ranked worse than
81.6% of 973 companies
in the Semiconductors industry
Industry Median: 28.75 vs TPE:3346: 12.60

Laster Tech Co had a gross margin of 12.30% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Laster Tech Co was -7.00% per year.


Laster Tech Co Gross Margin % Historical Data

The historical data trend for Laster Tech 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.

Laster Tech Co Gross Margin % Chart

Laster Tech Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.93 16.18 16.34 15.33 12.77

Laster Tech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 14.71 14.58 13.44 12.07 12.30

Competitive Comparison of Laster Tech Co's Gross Margin %

For the Semiconductors subindustry, Laster Tech 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.


Laster Tech Co's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Laster Tech Co's Gross Margin % distribution charts can be found below:

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



Laster Tech Co Gross Margin % Calculation

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

Laster Tech Co's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=844.2 / 6612.615
=(Revenue - Cost of Goods Sold) / Revenue
=(6612.615 - 5768.449) / 6612.615
=12.77 %

Laster Tech 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 )
=215.5 / 1751.625
=(Revenue - Cost of Goods Sold) / Revenue
=(1751.625 - 1536.155) / 1751.625
=12.30 %

* 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.


Laster Tech Co  (TPE:3346) 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

Laster Tech Co had a gross margin of 12.30% 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.


Laster Tech Co Gross Margin % Related Terms

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


Laster Tech Co (TPE:3346) Business Description

Traded in Other Exchanges
N/A
Address
Building F No.4 Minxiang Street, Zhonghe, Taipei, TWN, 23545
Laster Tech Co Ltd is a manufacturer of Led Lighting, Chip products, general lighting, and automotive lighting in Taiwan. Its products are widely used in various applications such as munitions, medical treatment, aviation, automobile, and others.

Laster Tech Co (TPE:3346) Headlines

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