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Arts Optical International Holdings (HKSE:01120) Gross Profit : HK$371 Mil (TTM As of Dec. 2023)


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What is Arts Optical International Holdings Gross Profit?

Arts Optical International Holdings's gross profit for the six months ended in Dec. 2023 was HK$200 Mil. Arts Optical International Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$371 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arts Optical International Holdings's gross profit for the six months ended in Dec. 2023 was HK$200 Mil. Arts Optical International Holdings's Revenue for the six months ended in Dec. 2023 was HK$630 Mil. Therefore, Arts Optical International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 31.72%.

Arts Optical International Holdings had a gross margin of 31.72% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Arts Optical International Holdings was 31.01%. The lowest was 12.75%. And the median was 19.87%.


Arts Optical International Holdings Gross Profit Historical Data

The historical data trend for Arts Optical International 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.

Arts Optical International Holdings Gross Profit Chart

Arts Optical International Holdings 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 179.34 162.21 303.56 312.61 370.99

Arts Optical International Holdings 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 167.40 160.61 152.00 171.23 199.76

Competitive Comparison of Arts Optical International Holdings's Gross Profit

For the Medical Instruments & Supplies subindustry, Arts Optical International 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.


Arts Optical International Holdings's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Arts Optical International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Arts Optical International Holdings's Gross Profit falls into.



Arts Optical International Holdings Gross Profit Calculation

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

Arts Optical International 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
=1196.309 - 825.32
=371

Arts Optical International 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
=629.855 - 430.093
=200

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$371 Mil.

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

Arts Optical International 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
=200 / 629.855
=31.72 %

* 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.


Arts Optical International Holdings  (HKSE:01120) 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

Arts Optical International Holdings had a gross margin of 31.72% for the quarter that ended in Dec. 2023 => Competition eroding margins


Arts Optical International Holdings Gross Profit Related Terms

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Arts Optical International Holdings (HKSE:01120) Business Description

Traded in Other Exchanges
N/A
Address
55 King Yip Street, King Palace Plaza, Units A to G, 32nd Floor, Kwun Tong, Kowloon, Hong Kong, HKG
Arts Optical International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the manufacturing and trading of prescription frames, sunglasses and optical lens as well as property holding. It operates in three divisions: Original design manufacturing, Distribution. and Lens division. The group is organized into four segments, which are sales of optical products to customers located in Europe, the United States, Asia, and other regions, of which the majority of the revenue is generated from Europe.
Executives
Ng Hoi Ying, Michael 2202 Interest of your spouse
Wu Zhihong 2101 Beneficial owner
Ng Kim Ying
Webb David Michael 2201 Interest of corporation controlled by you
Fmr Llc 2201 Interest of corporation controlled by you
Ratagan International Company Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee

Arts Optical International Holdings (HKSE:01120) Headlines

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