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Gilgyo E&C Co (XKRX:456700) Gross Profit : ₩3,558 Mil (TTM As of Dec. 2023)


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What is Gilgyo E&C Co Gross Profit?

Gilgyo E&C Co's gross profit for the six months ended in Dec. 2023 was ₩3,558 Mil. Gilgyo E&C Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩3,558 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gilgyo E&C Co's gross profit for the six months ended in Dec. 2023 was ₩3,558 Mil. Gilgyo E&C Co's Revenue for the six months ended in Dec. 2023 was ₩16,137 Mil. Therefore, Gilgyo E&C Co's Gross Margin % for the quarter that ended in Dec. 2023 was 22.05%.

Gilgyo E&C Co had a gross margin of 22.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Gilgyo E&C Co was 38.30%. The lowest was 22.05%. And the median was 29.79%.

Warning Sign:

Gilgyo E&C Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.2%.


Gilgyo E&C Co Gross Profit Historical Data

The historical data trend for Gilgyo E&C 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.

Gilgyo E&C Co Gross Profit Chart

Gilgyo E&C Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 7,278.18 6,896.26 3,210.53 3,696.24 3,557.76

Gilgyo E&C Co Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit Get a 7-Day Free Trial 7,278.18 6,896.26 3,210.53 3,696.24 3,557.76

Competitive Comparison of Gilgyo E&C Co's Gross Profit

For the Engineering & Construction subindustry, Gilgyo E&C 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.


Gilgyo E&C Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gilgyo E&C Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Gilgyo E&C Co's Gross Profit falls into.



Gilgyo E&C Co Gross Profit Calculation

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

Gilgyo E&C 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
=16136.757 - 12578.995
=3,558

Gilgyo E&C 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
=16136.757 - 12578.995
=3,558

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩3,558 Mil.

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

Gilgyo E&C 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
=3,558 / 16136.757
=22.05 %

* 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.


Gilgyo E&C Co  (XKRX:456700) 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

Gilgyo E&C Co had a gross margin of 22.05% for the quarter that ended in Dec. 2023 => Competition eroding margins


Gilgyo E&C Co Gross Profit Related Terms

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Gilgyo E&C Co (XKRX:456700) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
306 Cheolcheol-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR
Gilgyo E&C Co Ltd operates in the design and construction of bridges. It designs, manufactures, and installation of steel composite ramen bridges, girder bridges, and monolithic bridges.

Gilgyo E&C Co (XKRX:456700) Headlines

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