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Hengan International Group Co (Hengan International Group Co) Gross Profit : $1,120 Mil (TTM As of Dec. 2023)


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What is Hengan International Group Co Gross Profit?

Hengan International Group Co's gross profit for the six months ended in Dec. 2023 was $591 Mil. Hengan International Group Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,120 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hengan International Group Co's gross profit for the six months ended in Dec. 2023 was $591 Mil. Hengan International Group Co's Revenue for the six months ended in Dec. 2023 was $1,619 Mil. Therefore, Hengan International Group Co's Gross Margin % for the quarter that ended in Dec. 2023 was 36.51%.

Hengan International Group Co had a gross margin of 36.51% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hengan International Group Co was 48.78%. The lowest was 33.70%. And the median was 40.21%.

Warning Sign:

Hengan International Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


Hengan International Group Co Gross Profit Historical Data

The historical data trend for Hengan International Group 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.

Hengan International Group Co Gross Profit Chart

Hengan International Group 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 1,238.86 1,446.00 1,220.28 1,102.96 1,121.91

Hengan International Group 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 603.15 588.81 537.50 529.02 591.32

Competitive Comparison of Hengan International Group Co's Gross Profit

For the Household & Personal Products subindustry, Hengan International Group 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.


Hengan International Group Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hengan International Group Co's Gross Profit falls into.



Hengan International Group Co Gross Profit Calculation

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

Hengan International Group 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
=3328.749 - 2206.835
=1,122

Hengan International Group 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
=1619.469 - 1028.15
=591

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 $1,120 Mil.

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

Hengan International Group 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
=591 / 1619.469
=36.51 %

* 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.


Hengan International Group Co  (OTCPK:HEGIF) 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

Hengan International Group Co had a gross margin of 36.51% for the quarter that ended in Dec. 2023 => Competition eroding margins


Hengan International Group Co Gross Profit Related Terms

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Hengan International Group Co (Hengan International Group Co) Business Description

Traded in Other Exchanges
Address
Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261
Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (54% of sales), sanitary napkins (27% of sales), disposable diapers (5% of sales), and others.

Hengan International Group Co (Hengan International Group Co) Headlines

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