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Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Gross Profit : $320 Mil (TTM As of Dec. 2023)


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What is Lee & Man Paper Manufacturing Gross Profit?

Lee & Man Paper Manufacturing's gross profit for the six months ended in Dec. 2023 was $195 Mil. Lee & Man Paper Manufacturing's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $320 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lee & Man Paper Manufacturing's gross profit for the six months ended in Dec. 2023 was $195 Mil. Lee & Man Paper Manufacturing's Revenue for the six months ended in Dec. 2023 was $1,630 Mil. Therefore, Lee & Man Paper Manufacturing's Gross Margin % for the quarter that ended in Dec. 2023 was 11.96%.

Lee & Man Paper Manufacturing had a gross margin of 11.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Lee & Man Paper Manufacturing was 29.08%. The lowest was 9.23%. And the median was 19.54%.

Warning Sign:

Lee & Man Paper Manufacturing Ltd gross margin has been in long-term decline. The average rate of decline per year is -17.1%.


Lee & Man Paper Manufacturing Gross Profit Historical Data

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Gross Profit Chart

Lee & Man Paper Manufacturing 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 652.58 741.49 731.24 345.84 320.39

Lee & Man Paper Manufacturing Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 303.26 211.05 133.09 125.07 194.95

Competitive Comparison of Lee & Man Paper Manufacturing's Gross Profit

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.


Lee & Man Paper Manufacturing's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Gross Profit falls into.



Lee & Man Paper Manufacturing Gross Profit Calculation

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

Lee & Man Paper Manufacturing'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
=3193.05 - 2872.661
=320

Lee & Man Paper Manufacturing's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1630.001 - 1435.05
=195

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $320 Mil.

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

Lee & Man Paper Manufacturing'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
=195 / 1630.001
=11.96 %

* 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.


Lee & Man Paper Manufacturing  (OTCPK:LMPMF) 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

Lee & Man Paper Manufacturing had a gross margin of 11.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Lee & Man Paper Manufacturing Gross Profit Related Terms

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Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Business Description

Traded in Other Exchanges
Address
169 Electric Road, 39/F, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. The People's Republic of China accounts for the majority of the revenue.

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Headlines

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