Tian Tu Capital Co's gross profit for the
three
months ended in Jun. 2023 was HK$27.47 Mil. Tian Tu Capital Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was HK$27.19 Mil.
Tian Tu Capital Co had a gross margin of 65.11% for the quarter that ended in Jun. 2023 => Durable competitive advantage
During the past 4 years, the highestGross Margin % of Tian Tu Capital Co was 95.62%. The lowest was 46.95%. And the median was 89.98%.
Tian Tu Capital Co Gross Profit Historical Data
The historical data trend for Tian Tu Capital Co'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.
Competitive Comparison of Tian Tu Capital Co's Gross Profit
For the Asset Management subindustry, Tian Tu Capital Co'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.
Tian Tu Capital Co's Gross Profit Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Tian Tu Capital Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Tian Tu Capital Co's Gross Profit falls into.
Tian Tu Capital Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Tian Tu Capital Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$27.19 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Tian Tu Capital Co (HKSE:01973) 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
Tian Tu Capital Co had a gross margin of 65.11% for the quarter that ended in Jun. 2023 => Durable competitive advantage
Tian Tu Capital Co Gross Profit Related Terms
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Tian Tu Capital Co (HKSE:01973) Business Description
Tian Tu Capital Co Ltd is a leading private equity investor and fund manager committed to driving the growth of Chinese consumer brands and companies. It manages capital for institutional investors and high-net-worth individuals and makes investments through its funds under management and directly using its own capital.
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