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Goldfine Manufacturers (BKK:GFM) Gross Profit : ฿287 Mil (TTM As of Sep. 2014)


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What is Goldfine Manufacturers Gross Profit?

Goldfine Manufacturers's gross profit for the three months ended in Sep. 2014 was ฿68 Mil. Goldfine Manufacturers's gross profit for the trailing twelve months (TTM) ended in Sep. 2014 was ฿287 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Goldfine Manufacturers's gross profit for the three months ended in Sep. 2014 was ฿68 Mil. Goldfine Manufacturers's Revenue for the three months ended in Sep. 2014 was ฿297 Mil. Therefore, Goldfine Manufacturers's Gross Margin % for the quarter that ended in Sep. 2014 was 22.78%.

Goldfine Manufacturers had a gross margin of 22.78% for the quarter that ended in Sep. 2014 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Goldfine Manufacturers was 33.03%. The lowest was 22.41%. And the median was 24.98%.

Warning Sign:

Goldfine Manufacturers PLC gross margin has been in long term decline. The average rate of decline per year is -6.6%.


Goldfine Manufacturers Gross Profit Historical Data

The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Gross Profit Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Profit
Get a 7-Day Free Trial Premium Member Only 448.97 479.90 444.97 325.04 278.76

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 66.81 88.74 66.79 64.22 67.58

Competitive Comparison of Goldfine Manufacturers's Gross Profit

For the Luxury Goods subindustry, Goldfine Manufacturers'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.


Goldfine Manufacturers's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Gross Profit distribution charts can be found below:

* The bar in red indicates where Goldfine Manufacturers's Gross Profit falls into.



Goldfine Manufacturers Gross Profit Calculation

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

Goldfine Manufacturers's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=1192.718 - 913.957
=279

Goldfine Manufacturers's Gross Profit for the quarter that ended in Sep. 2014 is calculated as

Gross Profit (Q: Sep. 2014 )=Revenue - Cost of Goods Sold
=296.615 - 229.04
=68

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿287 Mil.

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

Goldfine Manufacturers's Gross Margin % for the quarter that ended in Sep. 2014 is calculated as

Gross Margin % (Q: Sep. 2014 )=Gross Profit (Q: Sep. 2014 ) / Revenue (Q: Sep. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=68 / 296.615
=22.78 %

* 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.


Goldfine Manufacturers  (BKK:GFM) 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

Goldfine Manufacturers had a gross margin of 22.78% for the quarter that ended in Sep. 2014 => Competition eroding margins


Goldfine Manufacturers Gross Profit Related Terms

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Goldfine Manufacturers (BKK:GFM) Business Description

Traded in Other Exchanges
N/A
Address
Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.

Goldfine Manufacturers (BKK:GFM) Headlines

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