GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Tech Holdings Co Ltd (NAS:CLWT) » Definitions » Gross Profit

Euro Tech Holdings Co (Euro Tech Holdings Co) Gross Profit : $4.23 Mil (TTM As of Jun. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Euro Tech Holdings Co Gross Profit?

Euro Tech Holdings Co's gross profit for the six months ended in Jun. 2023 was $1.50 Mil. Euro Tech Holdings Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $4.23 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Euro Tech Holdings Co's gross profit for the six months ended in Jun. 2023 was $1.50 Mil. Euro Tech Holdings Co's Revenue for the six months ended in Jun. 2023 was $7.96 Mil. Therefore, Euro Tech Holdings Co's Gross Margin % for the quarter that ended in Jun. 2023 was 18.83%.

Euro Tech Holdings Co had a gross margin of 18.83% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Euro Tech Holdings Co was 30.89%. The lowest was 18.40%. And the median was 25.56%.


Euro Tech Holdings Co Gross Profit Historical Data

The historical data trend for Euro Tech Holdings 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.

Euro Tech Holdings Co Gross Profit Chart

Euro Tech Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 4.42 3.69 5.70 4.62

Euro Tech Holdings Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.02 2.67 1.89 2.73 1.50

Competitive Comparison of Euro Tech Holdings Co's Gross Profit

For the Pollution & Treatment Controls subindustry, Euro Tech Holdings 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.


Euro Tech Holdings Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Tech Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Euro Tech Holdings Co's Gross Profit falls into.



Euro Tech Holdings Co Gross Profit Calculation

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

Euro Tech Holdings Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=14.949 - 10.331
=4.62

Euro Tech Holdings Co's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=7.957 - 6.459
=1.50

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.23 Mil.

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

Euro Tech Holdings Co's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.50 / 7.957
=18.83 %

* 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.


Euro Tech Holdings Co  (NAS:CLWT) 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

Euro Tech Holdings Co had a gross margin of 18.83% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


Euro Tech Holdings Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Euro Tech Holdings Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Euro Tech Holdings Co (Euro Tech Holdings Co) Business Description

Traded in Other Exchanges
N/A
Address
65 Wong Chuk Hong Road, Unit D, 18th Floor, Room C & D, Gee Chang Hong Centre, Hong Kong, HKG
Euro Tech Holdings Co Ltd is a distributor and manufacturer of technology instruments as well as an environmental engineering services provider. It is engaged in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, supplies, and related automation systems. There are two operating segments of the company. The Trading and manufacturing segment, which is the key revenue driver, includes distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and related supplies and power generation equipment. The Engineering segment includes water and waste-water treatment engineering and air pollution control business. The majority of the revenue is generated from Hong Kong.