Promise Technology Inc
TWSE:3057

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Promise Technology Inc
TWSE:3057
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Price: 11.25 TWD -1.32% Market Closed
Market Cap: 1B TWD
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Gross Margin
Promise Technology Inc

32.3%
Current
36%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
32.3%
=
Gross Profit
184.1m
/
Revenue
570.5m

Gross Margin Across Competitors

Country TW
Market Cap 1B TWD
Gross Margin
32%
Country US
Market Cap 3.8T USD
Gross Margin
46%
Country KR
Market Cap 360T KRW
Gross Margin
37%
Country CN
Market Cap 1.3T HKD
Gross Margin
21%
Country US
Market Cap 81.3B USD
Gross Margin
22%
Country TW
Market Cap 1.1T TWD
Gross Margin
8%
Country JP
Market Cap 4.9T JPY
Gross Margin
48%
Country US
Market Cap 30.9B USD
Gross Margin
22%
Country US
Market Cap 28B USD
Gross Margin
33%
Country JP
Market Cap 3.9T JPY
Gross Margin
40%
Country US
Market Cap 24B USD
Gross Margin
71%
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Promise Technology Inc
Glance View

Market Cap
1B TWD
Industry
Technology

Promise Technology, Inc. is engaged in the research, development, manufacture and distribution of redundant array of independent disk (RAID) storage systems and controller cards. The company is headquartered in Baoshan, Hsinchu. The company went IPO on 2002-06-18. The firm's main products include computer storage devices, high-performance control cards and systems, computer high-performance networks and graphic systems, multimedia software and hardware suites and systems, as well as computer and phone integration technology related products. The firm also provides management, consulting and technology transfer services. The firm distributes its products in domestic market to overseas markets, including the Americas, the rest areas of Asia, Europe and others.

Intrinsic Value
5.94 TWD
Overvaluation 47%
Intrinsic Value
Price

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
32.3%
=
Gross Profit
184.1m
/
Revenue
570.5m
What is the Gross Margin of Promise Technology Inc?

Based on Promise Technology Inc's most recent financial statements, the company has Gross Margin of 32.3%.