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Hyundai Everdigm (XKRX:041440) Gross Profit : ₩51,668 Mil (TTM As of Dec. 2023)


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What is Hyundai Everdigm Gross Profit?

Hyundai Everdigm's gross profit for the three months ended in Dec. 2023 was ₩11,493 Mil. Hyundai Everdigm's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩51,668 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hyundai Everdigm's gross profit for the three months ended in Dec. 2023 was ₩11,493 Mil. Hyundai Everdigm's Revenue for the three months ended in Dec. 2023 was ₩87,311 Mil. Therefore, Hyundai Everdigm's Gross Margin % for the quarter that ended in Dec. 2023 was 13.16%.

Hyundai Everdigm had a gross margin of 13.16% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Hyundai Everdigm was 19.04%. The lowest was 10.01%. And the median was 15.55%.

Warning Sign:

Hyundai Everdigm Corp gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Hyundai Everdigm Gross Profit Historical Data

The historical data trend for Hyundai Everdigm'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.

Hyundai Everdigm Gross Profit Chart

Hyundai Everdigm 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 35,248.98 32,325.70 31,815.34 52,059.53 51,668.39

Hyundai Everdigm Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13,816.13 13,490.82 15,646.41 11,038.56 11,492.61

Competitive Comparison of Hyundai Everdigm's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, Hyundai Everdigm'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.


Hyundai Everdigm's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyundai Everdigm's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hyundai Everdigm's Gross Profit falls into.



Hyundai Everdigm Gross Profit Calculation

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

Hyundai Everdigm'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
=358052.34 - 306383.946
=51,668

Hyundai Everdigm's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=87310.517 - 75817.911
=11,493

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩51,668 Mil.

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

Hyundai Everdigm'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
=11,493 / 87310.517
=13.16 %

* 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.


Hyundai Everdigm  (XKRX:041440) 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

Hyundai Everdigm had a gross margin of 13.16% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Hyundai Everdigm Gross Profit Related Terms

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Hyundai Everdigm (XKRX:041440) Business Description

Traded in Other Exchanges
N/A
Address
332-3 Janggwan-ri, Jincheon-eub, Jincheon-gun, Chungbuk, KOR, 365-802
Hyundai Everdigm Corp is engaged in producing and selling construction and mining equipment, and rescue products in South Korea and internationally. The company offers Concrete Pumps, Attachment, Tower Cranes, Telescopic Cranes, Blast-hole drill rigs, and Special vehicles among others.

Hyundai Everdigm (XKRX:041440) Headlines

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