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King Slide Works Co (TPE:2059) Gross Profit : NT$4,062 Mil (TTM As of Mar. 2024)


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What is King Slide Works Co Gross Profit?

King Slide Works Co's gross profit for the three months ended in Mar. 2024 was NT$1,207 Mil. King Slide Works Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$4,062 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. King Slide Works Co's gross profit for the three months ended in Mar. 2024 was NT$1,207 Mil. King Slide Works Co's Revenue for the three months ended in Mar. 2024 was NT$1,938 Mil. Therefore, King Slide Works Co's Gross Margin % for the quarter that ended in Mar. 2024 was 62.29%.

King Slide Works Co had a gross margin of 62.29% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of King Slide Works Co was 62.11%. The lowest was 52.38%. And the median was 54.31%.


King Slide Works Co Gross Profit Historical Data

The historical data trend for King Slide Works 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.

King Slide Works Co Gross Profit Chart

King Slide Works Co 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 2,616.96 2,514.81 3,354.83 4,465.98 3,531.53

King Slide Works 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 676.91 777.04 831.39 1,246.19 1,207.12

Competitive Comparison of King Slide Works Co's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Gross Profit falls into.



King Slide Works Co Gross Profit Calculation

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

King Slide Works 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
=5762.971 - 2231.439
=3,532

King Slide Works 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
=1937.807 - 730.687
=1,207

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$4,062 Mil.

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

King Slide Works 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
=1,207 / 1937.807
=62.29 %

* 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.


King Slide Works Co  (TPE:2059) 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

King Slide Works Co had a gross margin of 62.29% for the quarter that ended in Mar. 2024 => Durable competitive advantage


King Slide Works Co Gross Profit Related Terms

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King Slide Works Co (TPE:2059) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Lane 275, Shun An Road, Lu Chu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that manufactures and distributes electronic parts and components. The company operates primarily through two subsidiaries: King Slide Works and King Slide Technology. King Slide Works is a Taiwan-based company that develops, manufactures, and markets furniture accessories, including under-mount slides, ball-bearing slides, epoxy-coated drawer slides, and hinges. King Slide Technology develops and manufactures high-precision metal components applied in computer, communications, and consumer electronics products. The company has a global presence, with Taiwan, America, and China being its three largest markets.

King Slide Works Co (TPE:2059) Headlines

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