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HQDA Elderly Life Network (HQDA Elderly Life Network) Gross Profit : $0.63 Mil (TTM As of Mar. 2022)


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What is HQDA Elderly Life Network Gross Profit?

HQDA Elderly Life Network's gross profit for the three months ended in Mar. 2022 was $0.10 Mil. HQDA Elderly Life Network's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $0.63 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HQDA Elderly Life Network's gross profit for the three months ended in Mar. 2022 was $0.10 Mil. HQDA Elderly Life Network's Revenue for the three months ended in Mar. 2022 was $0.20 Mil. Therefore, HQDA Elderly Life Network's Gross Margin % for the quarter that ended in Mar. 2022 was 48.50%.

HQDA Elderly Life Network had a gross margin of 48.50% for the quarter that ended in Mar. 2022 => Durable competitive advantage


HQDA Elderly Life Network Gross Profit Historical Data

The historical data trend for HQDA Elderly Life Network'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.

HQDA Elderly Life Network Gross Profit Chart

HQDA Elderly Life Network Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 - 0.30 0.36 0.68

HQDA Elderly Life Network Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.10 0.17 0.12 0.25 0.10

Competitive Comparison of HQDA Elderly Life Network's Gross Profit

For the Medical Care Facilities subindustry, HQDA Elderly Life Network'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.


HQDA Elderly Life Network's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HQDA Elderly Life Network's Gross Profit distribution charts can be found below:

* The bar in red indicates where HQDA Elderly Life Network's Gross Profit falls into.



HQDA Elderly Life Network Gross Profit Calculation

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

HQDA Elderly Life Network's Gross Profit for the fiscal year that ended in Jun. 2021 is calculated as

Gross Profit (A: Jun. 2021 )=Revenue - Cost of Goods Sold
=0.839 - 0.156
=0.68

HQDA Elderly Life Network's Gross Profit for the quarter that ended in Mar. 2022 is calculated as

Gross Profit (Q: Mar. 2022 )=Revenue - Cost of Goods Sold
=0.2 - 0.103
=0.10

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.63 Mil.

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

HQDA Elderly Life Network's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.10 / 0.2
=48.50 %

* 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.


HQDA Elderly Life Network  (OTCPK:HQDA) 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

HQDA Elderly Life Network had a gross margin of 48.50% for the quarter that ended in Mar. 2022 => Durable competitive advantage


HQDA Elderly Life Network Gross Profit Related Terms

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HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Traded in Other Exchanges
N/A
Address
8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770
HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.
Executives
Ann-marie Cederholm director, officer: CFO 102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland director, 10 percent owner, officer: CEO 1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game director 3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

HQDA Elderly Life Network (HQDA Elderly Life Network) Headlines