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Financial Street Property Co (HKSE:01502) Gross Profit : HK$279 Mil (TTM As of Jun. 2023)


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What is Financial Street Property Co Gross Profit?

Financial Street Property Co's gross profit for the six months ended in Jun. 2023 was HK$138 Mil. Financial Street Property Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was HK$279 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Financial Street Property Co's gross profit for the six months ended in Jun. 2023 was HK$138 Mil. Financial Street Property Co's Revenue for the six months ended in Jun. 2023 was HK$779 Mil. Therefore, Financial Street Property Co's Gross Margin % for the quarter that ended in Jun. 2023 was 17.76%.

Financial Street Property Co had a gross margin of 17.76% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of Financial Street Property Co was 21.24%. The lowest was 16.85%. And the median was 19.22%.


Financial Street Property Co Gross Profit Historical Data

The historical data trend for Financial Street Property 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.

Financial Street Property Co Gross Profit Chart

Financial Street Property Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 213.01 297.30 321.71 277.55 279.18

Financial Street Property Co Semi-Annual Data
Dec17 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 151.62 153.04 131.76 138.35 140.83

Competitive Comparison of Financial Street Property Co's Gross Profit

For the Real Estate Services subindustry, Financial Street Property 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.


Financial Street Property Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Financial Street Property Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Financial Street Property Co's Gross Profit falls into.



Financial Street Property Co Gross Profit Calculation

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

Financial Street Property Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=1550.211 - 1272.658
=278

Financial Street Property Co's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=779.163 - 640.813
=138

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$279 Mil.

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

Financial Street Property Co's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=138 / 779.163
=17.76 %

* 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.


Financial Street Property Co  (HKSE:01502) 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

Financial Street Property Co had a gross margin of 17.76% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


Financial Street Property Co Gross Profit Related Terms

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Financial Street Property Co (HKSE:01502) Business Description

Traded in Other Exchanges
N/A
Address
1 Xizhimenwai Avenue, 24th Floor, Xihuan Plaza Tower 2, Xicheng District, Beijing, CHN, 100044
Financial Street Property Co Ltd is a property management company in China. The company provides comprehensive property management and related services, including customer services, security services, cleaning and gardening services, engineering, repair and maintenance services, car park management services, and other related services, to its customers including property developers, property owners, owners' associations, tenants and residents. It provides services to commercial and business properties, including office buildings, complexes, retail buildings, and hotels; and Non-commercial properties, including residential properties, public properties, hospitals, educational properties, and others.

Financial Street Property Co (HKSE:01502) Headlines

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