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Kingston Financial Group (Kingston Financial Group) Gross Profit : $211.7 Mil (TTM As of Sep. 2022)


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What is Kingston Financial Group Gross Profit?

Kingston Financial Group's gross profit for the six months ended in Sep. 2022 was $101.1 Mil. Kingston Financial Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2022 was $211.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kingston Financial Group's gross profit for the six months ended in Sep. 2022 was $101.1 Mil. Kingston Financial Group's Revenue for the six months ended in Sep. 2022 was $119.8 Mil. Therefore, Kingston Financial Group's Gross Margin % for the quarter that ended in Sep. 2022 was 84.44%.

Kingston Financial Group had a gross margin of 84.44% for the quarter that ended in Sep. 2022 => Durable competitive advantage


Kingston Financial Group Gross Profit Historical Data

The historical data trend for Kingston Financial Group'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.

Kingston Financial Group Gross Profit Chart

Kingston Financial Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.64 297.08 252.64 210.27 202.04

Kingston Financial Group Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 101.78 108.68 91.93 110.60 101.14

Competitive Comparison of Kingston Financial Group's Gross Profit

For the Capital Markets subindustry, Kingston Financial Group'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.


Kingston Financial Group's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kingston Financial Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kingston Financial Group's Gross Profit falls into.



Kingston Financial Group Gross Profit Calculation

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

Kingston Financial Group's Gross Profit for the fiscal year that ended in Mar. 2022 is calculated as

Gross Profit (A: Mar. 2022 )=Revenue - Cost of Goods Sold
=252.228 - 50.191
=202.0

Kingston Financial Group's Gross Profit for the quarter that ended in Sep. 2022 is calculated as

Gross Profit (Q: Sep. 2022 )=Revenue - Cost of Goods Sold
=119.784 - 18.64
=101.1

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $211.7 Mil.

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

Kingston Financial Group's Gross Margin % for the quarter that ended in Sep. 2022 is calculated as

Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=101.1 / 119.784
=84.44 %

* 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.


Kingston Financial Group  (GREY:KNGTF) 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

Kingston Financial Group had a gross margin of 84.44% for the quarter that ended in Sep. 2022 => Durable competitive advantage


Kingston Financial Group Gross Profit Related Terms

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Kingston Financial Group (Kingston Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG
Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.

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