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SCE Intelligent Commercial Management Holdings (HKSE:00606) Gross Profit : HK$448 Mil (TTM As of Dec. 2023)


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What is SCE Intelligent Commercial Management Holdings Gross Profit?

SCE Intelligent Commercial Management Holdings's gross profit for the six months ended in Dec. 2023 was HK$216 Mil. SCE Intelligent Commercial Management Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$448 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SCE Intelligent Commercial Management Holdings's gross profit for the six months ended in Dec. 2023 was HK$216 Mil. SCE Intelligent Commercial Management Holdings's Revenue for the six months ended in Dec. 2023 was HK$686 Mil. Therefore, SCE Intelligent Commercial Management Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 31.54%.

SCE Intelligent Commercial Management Holdings had a gross margin of 31.54% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of SCE Intelligent Commercial Management Holdings was 47.22%. The lowest was 32.84%. And the median was 36.66%.


SCE Intelligent Commercial Management Holdings Gross Profit Historical Data

The historical data trend for SCE Intelligent Commercial Management Holdings'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.

SCE Intelligent Commercial Management Holdings Gross Profit Chart

SCE Intelligent Commercial Management Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 236.23 422.70 711.26 480.14 448.16

SCE Intelligent Commercial Management Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.45 295.11 199.00 231.70 216.46

Competitive Comparison of SCE Intelligent Commercial Management Holdings's Gross Profit

For the Real Estate Services subindustry, SCE Intelligent Commercial Management Holdings'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.


SCE Intelligent Commercial Management Holdings's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SCE Intelligent Commercial Management Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where SCE Intelligent Commercial Management Holdings's Gross Profit falls into.



SCE Intelligent Commercial Management Holdings Gross Profit Calculation

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

SCE Intelligent Commercial Management Holdings'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
=1364.688 - 916.524
=448

SCE Intelligent Commercial Management Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=686.255 - 469.792
=216

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 HK$448 Mil.

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

SCE Intelligent Commercial Management Holdings'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
=216 / 686.255
=31.54 %

* 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.


SCE Intelligent Commercial Management Holdings  (HKSE:00606) 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

SCE Intelligent Commercial Management Holdings had a gross margin of 31.54% for the quarter that ended in Dec. 2023 => Competition eroding margins


SCE Intelligent Commercial Management Holdings Gross Profit Related Terms

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SCE Intelligent Commercial Management Holdings (HKSE:00606) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lane 1688, Shenchang Road, 5th Floor, SCE Tower, Hongqiao Business District, Shanghai, CHN
SCE Intelligent Commercial Management Holdings Ltd is a comprehensive property management service provider managing both commercial and residential properties in China. The company's property management portfolio includes approximately 60 cities across 19 provinces, municipalities, and autonomous regions in China.
Executives
Boc Hong Kong (holdings) Limited 2201 Interest of corporation controlled by you
Luso International Banking Limited 2401 A concert party to an agreement to buy shares
Nan Yang Shang Ye Yin Hang Zhong Guo You Xian Gong Si Shen Zhen Fen Hang 2401 A concert party to an agreement to buy shares
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Chow Wai Shing Daniel (in The Capacity As The Receiver) 2501 Other
Wong Chiu Yeung 2201 Interest of corporation controlled by you
Cmb Wing Lung Bank Limited 2401 A concert party to an agreement to buy shares
The Bank Of East Asia, Limited 2401 A concert party to an agreement to buy shares
Hsbc Holdings Plc 2201 Interest of corporation controlled by you
Gardner Aaron Luke (in The Capacity As The Receiver) 2501 Other
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Affluent Way International Limited 2201 Interest of corporation controlled by you
Boc Hong Kong (group) Limited 2201 Interest of corporation controlled by you
Boc Hong Kong (bvi) Limited 2201 Interest of corporation controlled by you
Bank Of China Limited 2201 Interest of corporation controlled by you

SCE Intelligent Commercial Management Holdings (HKSE:00606) Headlines

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