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Manchester International Holdings Unlimited (PHS:MIHB) Gross Profit : ₱22,549 Mil (TTM As of Jun. 2019)


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What is Manchester International Holdings Unlimited Gross Profit?

Manchester International Holdings Unlimited's gross profit for the three months ended in Jun. 2019 was ₱6,584 Mil. Manchester International Holdings Unlimited's gross profit for the trailing twelve months (TTM) ended in Jun. 2019 was ₱22,549 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Manchester International Holdings Unlimited's gross profit for the three months ended in Jun. 2019 was ₱6,584 Mil. Manchester International Holdings Unlimited's Revenue for the three months ended in Jun. 2019 was ₱9,172 Mil. Therefore, Manchester International Holdings Unlimited's Gross Margin % for the quarter that ended in Jun. 2019 was 71.79%.

Manchester International Holdings Unlimited had a gross margin of 71.79% for the quarter that ended in Jun. 2019 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Manchester International Holdings Unlimited was 98.10%. The lowest was 17.27%. And the median was 69.48%.

Warning Sign:

Melco Resorts and Entertainment (Philippines) Corp gross margin has been in long term decline. The average rate of decline per year is -5.5%.


Manchester International Holdings Unlimited Gross Profit Historical Data

The historical data trend for Manchester International Holdings Unlimited'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.

Manchester International Holdings Unlimited Gross Profit Chart

Manchester International Holdings Unlimited Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 338.22 9,537.73 17,190.63 23,757.63 22,225.07

Manchester International Holdings Unlimited Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 6,490.42 5,089.48 5,723.29 5,152.05 6,583.98

Competitive Comparison of Manchester International Holdings Unlimited's Gross Profit

For the Resorts & Casinos subindustry, Manchester International Holdings Unlimited'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.


Manchester International Holdings Unlimited's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Manchester International Holdings Unlimited's Gross Profit distribution charts can be found below:

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



Manchester International Holdings Unlimited Gross Profit Calculation

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

Manchester International Holdings Unlimited's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=32425.748 - 10200.68
=22,225

Manchester International Holdings Unlimited's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit (Q: Jun. 2019 )=Revenue - Cost of Goods Sold
=9171.599 - 2587.621
=6,584

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱22,549 Mil.

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

Manchester International Holdings Unlimited's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=6,584 / 9171.599
=71.79 %

* 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.


Manchester International Holdings Unlimited  (PHS:MIHB) 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

Manchester International Holdings Unlimited had a gross margin of 71.79% for the quarter that ended in Jun. 2019 => Durable competitive advantage


Manchester International Holdings Unlimited Gross Profit Related Terms

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Manchester International Holdings Unlimited (PHS:MIHB) Business Description

Traded in Other Exchanges
N/A
Address
Asean Avenue cor, City of Dreams Manila, Roxas Boulevard, Brgy. Tambo, Paranaque, PHL, 1701
Melco Resorts and Entertainment (Philippines) Corp is a casino service provider in the Philippines. It develops, owns, and operates gaming and entertainment resort facilities in the Philippines. The group's main business, through the company's indirect subsidiary MCE Leisure, is the development and operation of City of Dreams Manila, an integrated hotel, gaming, retail, and entertainment complex in Entertainment City. City of Dreams Manila is a world-class facility comprising one of the Philippines' leading integrated casino resort and gaming complexes which offer a premium gaming experience. The group operates in a single segment, being the management of its casino and hotel resort of the City of Dreams Manila.

Manchester International Holdings Unlimited (PHS:MIHB) Headlines

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