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Oriental Union Chemical (TPE:1710) Gross Profit : NT$426 Mil (TTM As of Mar. 2024)


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What is Oriental Union Chemical Gross Profit?

Oriental Union Chemical's gross profit for the three months ended in Mar. 2024 was NT$226 Mil. Oriental Union Chemical's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$426 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Oriental Union Chemical's gross profit for the three months ended in Mar. 2024 was NT$226 Mil. Oriental Union Chemical's Revenue for the three months ended in Mar. 2024 was NT$5,155 Mil. Therefore, Oriental Union Chemical's Gross Margin % for the quarter that ended in Mar. 2024 was 4.39%.

Oriental Union Chemical had a gross margin of 4.39% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Oriental Union Chemical was 15.37%. The lowest was -0.25%. And the median was 6.57%.


Oriental Union Chemical Gross Profit Historical Data

The historical data trend for Oriental Union Chemical'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.

Oriental Union Chemical Gross Profit Chart

Oriental Union Chemical 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 -22.29 517.83 2,552.05 -55.02 336.93

Oriental Union Chemical 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 136.99 113.76 -1.64 87.82 226.30

Competitive Comparison of Oriental Union Chemical's Gross Profit

For the Chemicals subindustry, Oriental Union Chemical'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.


Oriental Union Chemical's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Oriental Union Chemical's Gross Profit distribution charts can be found below:

* The bar in red indicates where Oriental Union Chemical's Gross Profit falls into.



Oriental Union Chemical Gross Profit Calculation

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

Oriental Union Chemical'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
=20816.931 - 20480.005
=337

Oriental Union Chemical's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=5155.041 - 4928.743
=226

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$426 Mil.

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

Oriental Union Chemical'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
=226 / 5155.041
=4.39 %

* 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.


Oriental Union Chemical  (TPE:1710) 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

Oriental Union Chemical had a gross margin of 4.39% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Oriental Union Chemical Gross Profit Related Terms

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Oriental Union Chemical (TPE:1710) Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Fu-Hsing North Road, 13th Floor, Taipei, TWN, 105
Oriental Union Chemical Corp is a Taiwan-based manufacturer and distributor of chemicals and plastic products. The firm is organized in four main segments: ethylene glycols, special chemicals, gas, and investment and other. The ethylene glycols segment, which generates the majority of the firm's revenue, sells chemicals used in the production of polyester, antifreeze, brake fluid, and plastic food and beverage containers. The special chemicals segment sells chemicals used in the production of textiles, personal care products, leather products, rubber, and construction and building materials. The gas segment sells oxygen, nitrogen, and argon. The vast majority of the company's revenue comes from Asia.

Oriental Union Chemical (TPE:1710) Headlines

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