Kin Yat Holdings (HKSE:00638) Gross Profit : HK$301 Mil (TTM As of Sep. 2023)

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What is Kin Yat Holdings Gross Profit?

Kin Yat Holdings's gross profit for the six months ended in Sep. 2023 was HK$75 Mil. Kin Yat Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$301 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kin Yat Holdings's gross profit for the six months ended in Sep. 2023 was HK$75 Mil. Kin Yat Holdings's Revenue for the six months ended in Sep. 2023 was HK$552 Mil. Therefore, Kin Yat Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 13.55%.

Kin Yat Holdings had a gross margin of 13.55% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kin Yat Holdings was 28.27%. The lowest was 7.00%. And the median was 11.29%.

Kin Yat Holdings Gross Profit Historical Data

The historical data trend for Kin Yat 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.

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Kin Yat Holdings Gross Profit Chart

Kin Yat Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

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289.88

333.34

319.65

245.53

126.67

Kin Yat Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Profit	Get a 7-Day Free Trial															168.66	76.87	-99.47	226.14	74.81

Competitive Comparison of Kin Yat Holdings's Gross Profit

For the Consumer Electronics subindustry, Kin Yat 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.

Kin Yat Holdings's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kin Yat Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kin Yat Holdings's Gross Profit falls into.

Kin Yat Holdings Gross Profit Calculation

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

Kin Yat Holdings's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1209.602	-	1082.937
	=	127

Kin Yat Holdings's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	552.266	-	477.455
	=	75

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$301 Mil.

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

Kin Yat Holdings's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	75	/	552.266
	=	13.55 %

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.

Kin Yat Holdings (HKSE:00638) 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

Kin Yat Holdings had a gross margin of 13.55% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

Kin Yat Holdings Gross Profit Related Terms

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Kin Yat Holdings (HKSE:00638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kin Yat Holdings Ltd (HKSE:00638) » Definitions » Gross Profit

Traded in Other Exchanges

N/A

Address

25 - 27 Luk Hop Street, 7th Floor, Galaxy Factory Building, San Po Kong, Kowloon, Hong Kong, HKG

Website

http://www.kinyat.com.hk

Kin Yat Holdings Ltd is engaged in the design, manufacture, and sale of electrical and electronic products, motors, glass technology and application, and real estate development. Its segment includes the Electrical and Electronic products segment consists of the manufacture and sale of AI robotics, IoT and smart home products, electronic entertainment products, and other related products; the Motors segment consists of the development, design, manufacture, and sale of electric motor drives and related products and encoder film; the Real Estate development segment. The majority of the revenue is derived from the Motors segment.

Kin Yat Holdings (HKSE:00638) Headlines

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