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Kinetic Development Group (HKSE:01277) Gross Profit : HK$3,066 Mil (TTM As of Dec. 2023)


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What is Kinetic Development Group Gross Profit?

Kinetic Development Group's gross profit for the six months ended in Dec. 2023 was HK$2,172 Mil. Kinetic Development Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,066 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kinetic Development Group's gross profit for the six months ended in Dec. 2023 was HK$2,172 Mil. Kinetic Development Group's Revenue for the six months ended in Dec. 2023 was HK$3,558 Mil. Therefore, Kinetic Development Group's Gross Margin % for the quarter that ended in Dec. 2023 was 61.06%.

Kinetic Development Group had a gross margin of 61.06% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Kinetic Development Group was 65.36%. The lowest was 10.92%. And the median was 44.08%.


Kinetic Development Group Gross Profit Historical Data

The historical data trend for Kinetic Development Group'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.

Kinetic Development Group Gross Profit Chart

Kinetic Development Group 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 1,188.23 1,519.98 4,413.17 4,493.06 3,065.90

Kinetic Development Group 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 2,827.21 2,456.15 2,153.16 893.52 2,172.39

Competitive Comparison of Kinetic Development Group's Gross Profit

For the Thermal Coal subindustry, Kinetic Development Group'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.


Kinetic Development Group's Gross Profit Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kinetic Development Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kinetic Development Group's Gross Profit falls into.



Kinetic Development Group Gross Profit Calculation

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

Kinetic Development Group'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
=5190.056 - 2124.152
=3,066

Kinetic Development Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3557.922 - 1385.532
=2,172

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$3,066 Mil.

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

Kinetic Development Group'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
=2,172 / 3557.922
=61.06 %

* 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.


Kinetic Development Group  (HKSE:01277) 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

Kinetic Development Group had a gross margin of 61.06% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Kinetic Development Group Gross Profit Related Terms

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Kinetic Development Group (HKSE:01277) Business Description

Traded in Other Exchanges
N/A
Address
Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN
Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).
Executives
The Zhang Family Overseas Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Zhang Liang, Johnson 2307 Founder of a discretionary trust who can infl
King Lok Holdings Limited 2101 Beneficial owner
Zhang Li 2101 Beneficial owner
China Huarong International Holdings Ltd 2201 Interest of corporation controlled by you
Right Select International Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Yong Cai Chuang Tou You Xian Gong Si 2106 Person having a security interest in shares

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