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Daebongls Co (XKRX:078140) Gross Profit : ₩21,445 Mil (TTM As of Dec. 2023)


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What is Daebongls Co Gross Profit?

Daebongls Co's gross profit for the three months ended in Dec. 2023 was ₩6,106 Mil. Daebongls Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩21,445 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Daebongls Co's gross profit for the three months ended in Dec. 2023 was ₩6,106 Mil. Daebongls Co's Revenue for the three months ended in Dec. 2023 was ₩22,342 Mil. Therefore, Daebongls Co's Gross Margin % for the quarter that ended in Dec. 2023 was 27.33%.

Daebongls Co had a gross margin of 27.33% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Daebongls Co was 29.70%. The lowest was 23.63%. And the median was 26.90%.

Warning Sign:

Daebongls Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Daebongls Co Gross Profit Historical Data

The historical data trend for Daebongls 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.

* Premium members only.

Daebongls Co Gross Profit Chart

Daebongls Co 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 18,880.38 20,670.79 23,575.77 24,959.28 21,444.69

Daebongls Co 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 6,591.42 5,580.22 4,449.30 5,308.86 6,106.32

Competitive Comparison of Daebongls Co's Gross Profit

For the Chemicals subindustry, Daebongls 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.


Daebongls Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daebongls Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Daebongls Co's Gross Profit falls into.



Daebongls Co Gross Profit Calculation

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

Daebongls Co'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
=87622.205 - 66177.516
=21,445

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=22342.165 - 16235.85
=6,106

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 ₩21,445 Mil.

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

Daebongls Co'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
=6,106 / 22342.165
=27.33 %

* 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.


Daebongls Co  (XKRX:078140) 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

Daebongls Co had a gross margin of 27.33% for the quarter that ended in Dec. 2023 => Competition eroding margins


Daebongls Co Gross Profit Related Terms

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Daebongls Co (XKRX:078140) Business Description

Traded in Other Exchanges
N/A
Address
123 Neungheodae-ro 649 beon-gil, Namdong-gu, Incheon, KOR, 21697
Daebongls Co Ltd is a South Korea based company engages in the manufacture and distribution of various raw materials for the cold permanent wave, cosmetics, food additives, and pharmaceuticals.

Daebongls Co (XKRX:078140) Headlines

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