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Emperor Watch & Jewellery (HKSE:00887) Gross Profit : HK$1,450 Mil (TTM As of Dec. 2023)


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What is Emperor Watch & Jewellery Gross Profit?

Emperor Watch & Jewellery's gross profit for the six months ended in Dec. 2023 was HK$725 Mil. Emperor Watch & Jewellery's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,450 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Emperor Watch & Jewellery's gross profit for the six months ended in Dec. 2023 was HK$725 Mil. Emperor Watch & Jewellery's Revenue for the six months ended in Dec. 2023 was HK$2,493 Mil. Therefore, Emperor Watch & Jewellery's Gross Margin % for the quarter that ended in Dec. 2023 was 29.08%.

Emperor Watch & Jewellery had a gross margin of 29.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Emperor Watch & Jewellery was 31.98%. The lowest was 24.96%. And the median was 28.85%.


Emperor Watch & Jewellery Gross Profit Historical Data

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery Gross Profit Chart

Emperor Watch & Jewellery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,263.98 840.06 1,229.51 1,177.26 1,450.28

Emperor Watch & Jewellery 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 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 592.00 524.78 652.49 725.32 724.96

Competitive Comparison of Emperor Watch & Jewellery's Gross Profit

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.


Emperor Watch & Jewellery's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Gross Profit distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Gross Profit falls into.



Emperor Watch & Jewellery Gross Profit Calculation

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

Emperor Watch & Jewellery'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
=4823.223 - 3372.942
=1,450

Emperor Watch & Jewellery's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2493.302 - 1768.338
=725

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$1,450 Mil.

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

Emperor Watch & Jewellery'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
=725 / 2493.302
=29.08 %

* 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.


Emperor Watch & Jewellery  (HKSE:00887) 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

Emperor Watch & Jewellery had a gross margin of 29.08% for the quarter that ended in Dec. 2023 => Competition eroding margins


Emperor Watch & Jewellery Gross Profit Related Terms

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Emperor Watch & Jewellery (HKSE:00887) Business Description

Traded in Other Exchanges
N/A
Address
288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.
Executives
Albert Yeung Watch & Jewellery Holdings Limited 2201 Interest of corporation controlled by you
Emperor Watch & Jewellery Group Holdings Limited 2101 Beneficial owner
First Family Advisors Trust Reg. 2301 Trustee
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Yeung Cindy 2501 Other
Brandes Investment Partners, L.p.

Emperor Watch & Jewellery (HKSE:00887) Headlines

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