GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Empresas COPEC SA (XSGO:COPEC) » Definitions » Gross Profit

Empresas COPEC (XSGO:COPEC) Gross Profit : CLP3,179,025 Mil (TTM As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Empresas COPEC Gross Profit?

Empresas COPEC's gross profit for the three months ended in Dec. 2023 was CLP935,000 Mil. Empresas COPEC's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was CLP3,179,025 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Empresas COPEC's gross profit for the three months ended in Dec. 2023 was CLP935,000 Mil. Empresas COPEC's Revenue for the three months ended in Dec. 2023 was CLP6,392,220 Mil. Therefore, Empresas COPEC's Gross Margin % for the quarter that ended in Dec. 2023 was 14.63%.

Empresas COPEC had a gross margin of 14.63% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Empresas COPEC was 18.94%. The lowest was 12.75%. And the median was 16.70%.

Warning Sign:

Empresas COPEC SA gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Empresas COPEC Gross Profit Historical Data

The historical data trend for Empresas COPEC'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.

Empresas COPEC Gross Profit Chart

Empresas COPEC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,430,174.56 2,056,600.24 4,067,655.16 4,383,654.71 3,268,295.94

Empresas COPEC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 938,795.86 766,067.42 639,706.25 838,251.13 935,000.14

Competitive Comparison of Empresas COPEC's Gross Profit

For the Conglomerates subindustry, Empresas COPEC'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.


Empresas COPEC's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Empresas COPEC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Empresas COPEC's Gross Profit falls into.



Empresas COPEC Gross Profit Calculation

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

Empresas COPEC's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=25472080.877 - 22203784.936
=3,268,296

Empresas COPEC's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6392219.921 - 5457219.777
=935,000

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was CLP3,179,025 Mil.

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

Empresas COPEC's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=935,000 / 6392219.921
=14.63 %

* 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.


Empresas COPEC  (XSGO:COPEC) 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

Empresas COPEC had a gross margin of 14.63% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Empresas COPEC Gross Profit Related Terms

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


Empresas COPEC (XSGO:COPEC) Business Description

Traded in Other Exchanges
N/A
Address
Avenida El Golf No. 150, 17th Floor, Las Condes, Santiago, CHL
Empresas COPEC SA is engaged in the natural resources and energy sectors. It operates in areas such as forestry, fishing, and mining industries; and distribution of liquid fuel, liquid petroleum gas and natural gas and electricity generation. The company's business segments use the following brands to market their products: Arauco EKP, Arauco Melamina, Arauco Color, Arauco PBO, Electronico Copec, Chiletur Copec, and Sonacol.

Empresas COPEC (XSGO:COPEC) Headlines

No Headlines