Guoco Group (Guoco Group) Gross Profit : $1,024 Mil (TTM As of Dec. 2023)

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What is Guoco Group Gross Profit?

Guoco Group's gross profit for the six months ended in Dec. 2023 was $570 Mil. Guoco Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,024 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Guoco Group's gross profit for the six months ended in Dec. 2023 was $570 Mil. Guoco Group's Revenue for the six months ended in Dec. 2023 was $1,587 Mil. Therefore, Guoco Group's Gross Margin % for the quarter that ended in Dec. 2023 was 35.92%.

Guoco Group had a gross margin of 35.92% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Guoco Group was 47.04%. The lowest was 26.63%. And the median was 41.31%.

Warning Sign:

Guoco Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.

Guoco Group Gross Profit Historical Data

The historical data trend for Guoco Group'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.

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Guoco Group Gross Profit Chart

Guoco Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

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983.36

780.04

351.74

749.84

910.04

Guoco Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial															347.78	404.24	458.69	454.14	570.05

Competitive Comparison of Guoco Group's Gross Profit

For the Conglomerates subindustry, Guoco Group'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.

Guoco Group's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Guoco Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Guoco Group's Gross Profit falls into.

Guoco Group Gross Profit Calculation

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

Guoco Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	2491.441	-	1581.4
	=	910

Guoco Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1587.099	-	1017.053
	=	570

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,024 Mil.

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

Guoco Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	570	/	1587.099
	=	35.92 %

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.

Guoco Group (OTCPK:GULRY) 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

Guoco Group had a gross margin of 35.92% for the quarter that ended in Dec. 2023 => Competition eroding margins

Guoco Group Gross Profit Related Terms

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Guoco Group (Guoco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guoco Group Ltd (OTCPK:GULRY) » Definitions » Gross Profit

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Traded in Other Exchanges

GULRF:USA 00053:Hong Kong

Address

99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG

Website

https://www.guoco.com

Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.