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W-Scope Chungju Plant Co (XKRX:393890) Gross Profit : ₩44,927 Mil (TTM As of Mar. 2024)


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What is W-Scope Chungju Plant Co Gross Profit?

W-Scope Chungju Plant Co's gross profit for the three months ended in Mar. 2024 was ₩4,877 Mil. W-Scope Chungju Plant Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩44,927 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. W-Scope Chungju Plant Co's gross profit for the three months ended in Mar. 2024 was ₩4,877 Mil. W-Scope Chungju Plant Co's Revenue for the three months ended in Mar. 2024 was ₩122,406 Mil. Therefore, W-Scope Chungju Plant Co's Gross Margin % for the quarter that ended in Mar. 2024 was 3.98%.

W-Scope Chungju Plant Co had a gross margin of 3.98% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of W-Scope Chungju Plant Co was 27.10%. The lowest was -1.73%. And the median was 19.25%.


W-Scope Chungju Plant Co Gross Profit Historical Data

The historical data trend for W-Scope Chungju Plant 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.

W-Scope Chungju Plant Co Gross Profit Chart

W-Scope Chungju Plant Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -601.99 15,524.71 50,272.55 68,426.56 58,721.38

W-Scope Chungju Plant Co Quarterly Data
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 18,671.31 19,549.62 13,333.35 7,167.11 4,877.40

Competitive Comparison of W-Scope Chungju Plant Co's Gross Profit

For the Electrical Equipment & Parts subindustry, W-Scope Chungju Plant 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.


W-Scope Chungju Plant Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, W-Scope Chungju Plant Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where W-Scope Chungju Plant Co's Gross Profit falls into.



W-Scope Chungju Plant Co Gross Profit Calculation

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

W-Scope Chungju Plant 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
=304986.337 - 246264.954
=58,721

W-Scope Chungju Plant 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
=122406.361 - 117528.957
=4,877

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 ₩44,927 Mil.

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

W-Scope Chungju Plant 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
=4,877 / 122406.361
=3.98 %

* 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.


W-Scope Chungju Plant Co  (XKRX:393890) 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

W-Scope Chungju Plant Co had a gross margin of 3.98% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


W-Scope Chungju Plant Co Gross Profit Related Terms

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W-Scope Chungju Plant Co (XKRX:393890) Business Description

Traded in Other Exchanges
N/A
Address
Shinagawa-ku, Tokyo, JPN
Website
W-Scope Chungju Plant Co Ltd is engaged in the business of battery parts and materials for automobiles and energy storage.

W-Scope Chungju Plant Co (XKRX:393890) Headlines

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