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CHTC Fong's International Co (HKSE:00641) Gross Profit : HK$497 Mil (TTM As of Dec. 2024)


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What is CHTC Fong's International Co Gross Profit?

CHTC Fong's International Co's gross profit for the six months ended in Dec. 2024 was HK$268 Mil. CHTC Fong's International Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$497 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CHTC Fong's International Co's gross profit for the six months ended in Dec. 2024 was HK$268 Mil. CHTC Fong's International Co's Revenue for the six months ended in Dec. 2024 was HK$1,063 Mil. Therefore, CHTC Fong's International Co's Gross Margin % for the quarter that ended in Dec. 2024 was 25.19%.

CHTC Fong's International Co had a gross margin of 25.19% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of CHTC Fong's International Co was 35.54%. The lowest was 23.94%. And the median was 29.58%.

Warning Sign:

CHTC Fong's International Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


CHTC Fong's International Co Gross Profit Historical Data

The historical data trend for CHTC Fong's International 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.

CHTC Fong's International Co Gross Profit Chart

CHTC Fong's International Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 678.44 639.84 643.45 489.57 497.26

CHTC Fong's International Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 327.72 211.21 278.36 229.55 267.71

Competitive Comparison of CHTC Fong's International Co's Gross Profit

For the Specialty Industrial Machinery subindustry, CHTC Fong's International 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.


CHTC Fong's International Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHTC Fong's International Co's Gross Profit distribution charts can be found below:

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


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CHTC Fong's International Co Gross Profit Calculation

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

CHTC Fong's International Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1968.433 - 1471.171
=497

CHTC Fong's International Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1062.931 - 795.221
=268

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$497 Mil.

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

CHTC Fong's International Co's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=268 / 1062.931
=25.19 %

* 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.


CHTC Fong's International Co  (HKSE:00641) 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

CHTC Fong's International Co had a gross margin of 25.19% for the quarter that ended in Dec. 2024 => Competition eroding margins


CHTC Fong's International Co Gross Profit Related Terms

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CHTC Fong's International Co Business Description

Traded in Other Exchanges
N/A
Address
1018 Tai Nan West Street, Units 2201 & 2203, Orient International Tower, Cheung Sha Wan, Hong Kong, HKG
CHTC Fong's International Co Ltd is engaged in the manufacture and sale of dyeing and finishing machines, manufacture and sale of stainless-steel casting products and trading of stainless-steel supplies. The company's segment includes Manufacture and sale of dyeing and finishing machines; Manufacture and sale of stainless-steel casting products, and Trading of stainless-steel supplies. Majority of the revenue is derived from manufacture and sale of dyeing and finishing machines. The group's operations are located mainly in Hong Kong, Mainland China and Germany along with Asia Pacific (other than Mainland China and Hong Kong), Europe, North and South America, and Others.
Executives
China Hi-tech Holding Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Ji Xie Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Heng Tian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
East Asia International Trustees Limited 2201 Interest of corporation controlled by you
Black Jambhala Company Limited 2101 Beneficial owner
Fong Sou Lam 2307 Founder of a discretionary trust who can infl
Fong Kwok Leung Kevin 2305 Beneficiary of a trust

CHTC Fong's International Co Headlines

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