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Jeju Semiconductor (XKRX:080220) Gross Margin % : 23.42% (As of Mar. 2024)


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What is Jeju Semiconductor Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jeju Semiconductor's Gross Profit for the three months ended in Mar. 2024 was ₩9,974 Mil. Jeju Semiconductor's Revenue for the three months ended in Mar. 2024 was ₩42,590 Mil. Therefore, Jeju Semiconductor's Gross Margin % for the quarter that ended in Mar. 2024 was 23.42%.


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

XKRX:080220' s Gross Margin % Range Over the Past 10 Years
Min: 10.52   Med: 20.72   Max: 27.88
Current: 25.24


During the past 13 years, the highest Gross Margin % of Jeju Semiconductor was 27.88%. The lowest was 10.52%. And the median was 20.72%.

XKRX:080220's Gross Margin % is ranked worse than
55.91% of 973 companies
in the Semiconductors industry
Industry Median: 28.75 vs XKRX:080220: 25.24

Jeju Semiconductor had a gross margin of 23.42% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jeju Semiconductor was 2.90% per year.


Jeju Semiconductor Gross Margin % Historical Data

The historical data trend for Jeju Semiconductor'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.

Jeju Semiconductor Gross Margin % Chart

Jeju Semiconductor 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 22.69 19.20 20.92 27.88 25.78

Jeju Semiconductor 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 26.40 27.95 24.14 25.83 23.42

Competitive Comparison of Jeju Semiconductor's Gross Margin %

For the Semiconductors subindustry, Jeju Semiconductor'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.


Jeju Semiconductor's Gross Margin % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Jeju Semiconductor's Gross Margin % falls into.



Jeju Semiconductor Gross Margin % Calculation

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

Jeju Semiconductor'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 )
=37617.1 / 145899.794
=(Revenue - Cost of Goods Sold) / Revenue
=(145899.794 - 108282.686) / 145899.794
=25.78 %

Jeju Semiconductor'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 )
=9973.7 / 42589.798
=(Revenue - Cost of Goods Sold) / Revenue
=(42589.798 - 32616.063) / 42589.798
=23.42 %

* 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.


Jeju Semiconductor  (XKRX:080220) 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

Jeju Semiconductor had a gross margin of 23.42% 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.


Jeju Semiconductor Gross Margin % Related Terms

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Jeju Semiconductor (XKRX:080220) Business Description

Traded in Other Exchanges
N/A
Address
2F, 18-4, Cheongsa-ro 1-gil, Jeju-do, Jeju-si, KOR, 690-029
Jeju Semiconductor Corp is engaged in the provision of semiconductor memory chips for mobile applications in South Korea. Its products include SRAM (Static Random-Access Memory), PSRAM (Pseudo Static Random-Access Memory), SDRAM (Synchronous DRAM), SPI NOR Flash, NAND Flash, NOR MCP, and NAND MPC.

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