GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trace SOP EOOD (XBUL:T57) » Definitions » Gross Profit

Trace SOP EOOD (XBUL:T57) Gross Profit : лв208.7 Mil (TTM As of Jun. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Trace SOP EOOD Gross Profit?

Trace SOP EOOD's gross profit for the three months ended in Jun. 2023 was лв63.2 Mil. Trace SOP EOOD's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was лв208.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Trace SOP EOOD's gross profit for the three months ended in Jun. 2023 was лв63.2 Mil. Trace SOP EOOD's Revenue for the three months ended in Jun. 2023 was лв95.6 Mil. Therefore, Trace SOP EOOD's Gross Margin % for the quarter that ended in Jun. 2023 was 66.12%.

Trace SOP EOOD had a gross margin of 66.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Trace SOP EOOD was 80.42%. The lowest was 70.36%. And the median was 77.85%.

Warning Sign:

Trace SOP EOOD gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Trace SOP EOOD Gross Profit Historical Data

The historical data trend for Trace SOP EOOD'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.

Trace SOP EOOD Gross Profit Chart

Trace SOP EOOD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 274.39 247.22 178.23 116.17 149.54

Trace SOP EOOD Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 26.27 39.13 69.75 36.63 63.23

Competitive Comparison of Trace SOP EOOD's Gross Profit

For the Engineering & Construction subindustry, Trace SOP EOOD'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.


Trace SOP EOOD's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trace SOP EOOD's Gross Profit distribution charts can be found below:

* The bar in red indicates where Trace SOP EOOD's Gross Profit falls into.



Trace SOP EOOD Gross Profit Calculation

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

Trace SOP EOOD'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
=210.164 - 60.624
=149.5

Trace SOP EOOD's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=95.637 - 32.403
=63.2

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was лв208.7 Mil.

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

Trace SOP EOOD'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
=63.2 / 95.637
=66.12 %

* 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.


Trace SOP EOOD  (XBUL:T57) 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

Trace SOP EOOD had a gross margin of 66.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Trace SOP EOOD Gross Profit Related Terms

Thank you for viewing the detailed overview of Trace SOP EOOD's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Trace SOP EOOD (XBUL:T57) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Nikola Obrazopisov ? 12, Sofia, BGR, 1408
Trace SOP EOOD is engaged in construction and related activities. It performs major public projects in the field of infrastructure, environment, public works and hydro-technical construction, energy and building construction.

Trace SOP EOOD (XBUL:T57) Headlines

No Headlines