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Kingsemi Co (SHSE:688037) Gross Profit : ¥698 Mil (TTM As of Mar. 2024)


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What is Kingsemi Co Gross Profit?

Kingsemi Co's gross profit for the three months ended in Mar. 2024 was ¥98 Mil. Kingsemi Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥698 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kingsemi Co's gross profit for the three months ended in Mar. 2024 was ¥98 Mil. Kingsemi Co's Revenue for the three months ended in Mar. 2024 was ¥244 Mil. Therefore, Kingsemi Co's Gross Margin % for the quarter that ended in Mar. 2024 was 40.30%.

Kingsemi Co had a gross margin of 40.30% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Kingsemi Co was 46.62%. The lowest was 38.08%. And the median was 42.34%.

Warning Sign:

Kingsemi Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


Kingsemi Co Gross Profit Historical Data

The historical data trend for Kingsemi Co'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.

Kingsemi Co Gross Profit Chart

Kingsemi Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 99.37 140.05 315.58 531.75 730.19

Kingsemi Co 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 130.60 171.60 210.09 217.89 98.41

Competitive Comparison of Kingsemi Co's Gross Profit

For the Semiconductor Equipment & Materials subindustry, Kingsemi Co'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.


Kingsemi Co's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Kingsemi Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kingsemi Co's Gross Profit falls into.



Kingsemi Co Gross Profit Calculation

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

Kingsemi Co'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
=1716.97 - 986.781
=730

Kingsemi Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=244.211 - 145.798
=98

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 ¥698 Mil.

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

Kingsemi 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=98 / 244.211
=40.30 %

* 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.


Kingsemi Co  (SHSE:688037) 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

Kingsemi Co had a gross margin of 40.30% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Kingsemi Co Gross Profit Related Terms

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Kingsemi Co (SHSE:688037) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168
Kingsemi Co Ltd is engaged in the research and development, production and sales of semiconductor-specific equipment. The company's products include photolithography process coating and developing equipment and single-chip wet process equipment.
Executives
Wang Shao Yong Core technical personnel
Zhang Huai Dong Core technical personnel
Cui Xiao Wei senior management
Gu Yong Tian senior management
Chen Xing Long Directors, senior managers, core technical personn
Wang Ming Bo senior management
Li Feng Li senior management
Zong Run Fu Directors, senior managers, core technical personn
Cheng Hu Senior management, core technical personnel
Zhang Xin Chao senior management
Sun Dong Feng Supervisors
Zhao Nai Xia Core technical personnel
Zhang Jun Core technical personnel
Zheng You Fei Core technical personnel
Gu De Jun Core technical personnel

Kingsemi Co (SHSE:688037) Headlines

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