GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » First Pacific Co Ltd (OTCPK:FPAFF) » Definitions » Gross Profit

First Pacific Co (First Pacific Co) Gross Profit : $3,375 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is First Pacific Co Gross Profit?

First Pacific Co's gross profit for the six months ended in Dec. 2023 was $1,729 Mil. First Pacific Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,375 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Pacific Co's gross profit for the six months ended in Dec. 2023 was $1,729 Mil. First Pacific Co's Revenue for the six months ended in Dec. 2023 was $5,100 Mil. Therefore, First Pacific Co's Gross Margin % for the quarter that ended in Dec. 2023 was 33.91%.

First Pacific Co had a gross margin of 33.91% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of First Pacific Co was 32.37%. The lowest was 27.86%. And the median was 29.62%.


First Pacific Co Gross Profit Historical Data

The historical data trend for First Pacific 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.

First Pacific Co Gross Profit Chart

First Pacific 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 2,283.80 2,308.30 2,828.00 3,056.50 3,374.60

First Pacific Co 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 1,457.70 1,507.50 1,549.00 1,645.50 1,729.10

Competitive Comparison of First Pacific Co's Gross Profit

For the Packaged Foods subindustry, First Pacific 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.


First Pacific Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Pacific Co's Gross Profit distribution charts can be found below:

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



First Pacific Co Gross Profit Calculation

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

First Pacific 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
=10510.7 - 7136.1
=3,375

First Pacific 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
=5099.5 - 3370.4
=1,729

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 $3,375 Mil.

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

First Pacific 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
=1,729 / 5099.5
=33.91 %

* 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.


First Pacific Co  (OTCPK:FPAFF) 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

First Pacific Co had a gross margin of 33.91% for the quarter that ended in Dec. 2023 => Competition eroding margins


First Pacific Co Gross Profit Related Terms

Thank you for viewing the detailed overview of First Pacific Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


First Pacific Co (First Pacific Co) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 24th Floor, Two Exchange Square, Central, Hong Kong, HKG
First Pacific Co Ltd is an investment holding company. It aims to achieve capital appreciation and dividends for its investors through investment across various sectors. Its portfolio comprises telecommunications, consumer food products, infrastructure, and natural resources segment. The company generates maximum revenue from the consumer food products segment. Geographically, it derives a majority of its revenue from Indonesia.