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Vitasoy International Holdings (Vitasoy International Holdings) Gross Profit : $381.0 Mil (TTM As of Sep. 2023)


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What is Vitasoy International Holdings Gross Profit?

Vitasoy International Holdings's gross profit for the six months ended in Sep. 2023 was $218.6 Mil. Vitasoy International Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $381.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vitasoy International Holdings's gross profit for the six months ended in Sep. 2023 was $218.6 Mil. Vitasoy International Holdings's Revenue for the six months ended in Sep. 2023 was $433.2 Mil. Therefore, Vitasoy International Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 50.47%.

Vitasoy International Holdings had a gross margin of 50.47% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Vitasoy International Holdings was 53.70%. The lowest was 47.23%. And the median was 51.75%.

Warning Sign:

Vitasoy International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Vitasoy International Holdings Gross Profit Historical Data

The historical data trend for Vitasoy 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.

Vitasoy International Holdings Gross Profit Chart

Vitasoy International Holdings 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 514.94 496.00 509.25 392.53 383.73

Vitasoy International Holdings 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 221.90 171.83 221.37 162.35 218.65

Competitive Comparison of Vitasoy International Holdings's Gross Profit

For the Packaged Foods subindustry, Vitasoy 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.


Vitasoy International Holdings's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vitasoy International Holdings's Gross Profit distribution charts can be found below:

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



Vitasoy International Holdings Gross Profit Calculation

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

Vitasoy International Holdings'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
=807.848 - 424.116
=383.7

Vitasoy International Holdings's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=433.183 - 214.536
=218.6

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 $381.0 Mil.

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

Vitasoy International Holdings'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
=218.6 / 433.183
=50.47 %

* 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.


Vitasoy International Holdings  (OTCPK:VTSYF) 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

Vitasoy International Holdings had a gross margin of 50.47% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Vitasoy International Holdings Gross Profit Related Terms

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Vitasoy International Holdings (Vitasoy International Holdings) Business Description

Traded in Other Exchanges
Address
Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG
Vitasoy International Holdings Ltd manufactures and sells tofu, soy and other plant-based milks, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Its two biggest markets are China and Hong Kong, which collectively account for more than three-quarters of the company's sales. Most remaining sales are generated in North America, Australia, New Zealand, and Singapore, although the company's products are sold in roughly 40 countries worldwide.

Vitasoy International Holdings (Vitasoy International Holdings) Headlines

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