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Solar Applied Materials Technology (ROCO:1785) Gross Profit : NT$2,878 Mil (TTM As of Mar. 2024)


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What is Solar Applied Materials Technology Gross Profit?

Solar Applied Materials Technology's gross profit for the three months ended in Mar. 2024 was NT$714 Mil. Solar Applied Materials Technology's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,878 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Solar Applied Materials Technology's gross profit for the three months ended in Mar. 2024 was NT$714 Mil. Solar Applied Materials Technology's Revenue for the three months ended in Mar. 2024 was NT$6,313 Mil. Therefore, Solar Applied Materials Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 11.32%.

Solar Applied Materials Technology had a gross margin of 11.32% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Solar Applied Materials Technology was 13.47%. The lowest was 0.57%. And the median was 11.09%.


Solar Applied Materials Technology Gross Profit Historical Data

The historical data trend for Solar Applied Materials Technology's Gross Profit 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.

Solar Applied Materials Technology Gross Profit Chart

Solar Applied Materials Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,900.64 3,045.87 3,605.48 3,473.03 2,723.06

Solar Applied Materials Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 559.10 662.47 724.55 776.94 714.42

Competitive Comparison of Solar Applied Materials Technology's Gross Profit

For the Metal Fabrication subindustry, Solar Applied Materials Technology's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Solar Applied Materials Technology's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's Gross Profit distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's Gross Profit falls into.



Solar Applied Materials Technology Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Solar Applied Materials Technology's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=22629.192 - 19906.133
=2,723

Solar Applied Materials Technology's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6313.036 - 5598.619
=714

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,878 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Solar Applied Materials 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=714 / 6313.036
=11.32 %

* 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.


Solar Applied Materials Technology  (ROCO:1785) Gross Profit 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

Solar Applied Materials Technology had a gross margin of 11.32% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Solar Applied Materials Technology Gross Profit Related Terms

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Solar Applied Materials Technology (ROCO:1785) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is an optical data storage thin-film manufacturer. It is engaged in precious metal and rare material refining, special forming, and processing. The company offers key materials and integrated service models to customers for application in optoelectronics, information, petrochemicals, and consumer electronics industries. The products of the firm are classified into four categories, namely precious chemicals, and materials; special chemicals; resources recycling; and targets for thin film application. The group operates In Taiwan and internationally.

Solar Applied Materials Technology (ROCO:1785) Headlines

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