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Chemical Industries (Far East) (SGX:C05) Gross Profit : S$4.72 Mil (TTM As of Sep. 2023)


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What is Chemical Industries (Far East) Gross Profit?

Chemical Industries (Far East)'s gross profit for the six months ended in Sep. 2023 was S$3.68 Mil. Chemical Industries (Far East)'s gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was S$4.72 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chemical Industries (Far East)'s gross profit for the six months ended in Sep. 2023 was S$3.68 Mil. Chemical Industries (Far East)'s Revenue for the six months ended in Sep. 2023 was S$38.42 Mil. Therefore, Chemical Industries (Far East)'s Gross Margin % for the quarter that ended in Sep. 2023 was 9.56%.

Chemical Industries (Far East) had a gross margin of 9.56% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Chemical Industries (Far East) was 30.65%. The lowest was 5.36%. And the median was 23.16%.

Warning Sign:

Chemical Industries (Far East) Ltd gross margin has been in long-term decline. The average rate of decline per year is -11%.


Chemical Industries (Far East) Gross Profit Historical Data

The historical data trend for Chemical Industries (Far East)'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.

Chemical Industries (Far East) Gross Profit Chart

Chemical Industries (Far East) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.85 15.63 19.31 22.07 6.93

Chemical Industries (Far East) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 9.07 13.00 5.88 1.05 3.68

Competitive Comparison of Chemical Industries (Far East)'s Gross Profit

For the Chemicals subindustry, Chemical Industries (Far East)'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.


Chemical Industries (Far East)'s Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemical Industries (Far East)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Chemical Industries (Far East)'s Gross Profit falls into.



Chemical Industries (Far East) Gross Profit Calculation

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

Chemical Industries (Far East)'s Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=100.034 - 93.105
=6.93

Chemical Industries (Far East)'s Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=38.422 - 34.747
=3.68

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$4.72 Mil.

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

Chemical Industries (Far East)'s Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.68 / 38.422
=9.56 %

* 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.


Chemical Industries (Far East)  (SGX:C05) 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

Chemical Industries (Far East) had a gross margin of 9.56% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Chemical Industries (Far East) Gross Profit Related Terms

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Chemical Industries (Far East) (SGX:C05) Business Description

Traded in Other Exchanges
N/A
Address
3 Jalan Samulun, Singapore, SGP, 629127
Chemical Industries (Far East) Ltd is engaged as the sole manufacturer of Chemical products in Singapore. The company operates through two segments Industrial Chemicals and Properties. It generates maximum revenue from the Industrial Chemicals segment. Geographically, it derives a majority of its revenue from Singapore. Its product portfolio consists of Chlorine, Caustic Soda, Sodium HypoChlorite, and Hydrochloric Acid.

Chemical Industries (Far East) (SGX:C05) Headlines

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