A-Sonic Aerospace's gross profit for the
six
months ended in Jun. 2024 was $2.7 Mil. A-Sonic Aerospace's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $4.1 Mil.
A-Sonic Aerospace had a gross margin of 2.23% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of A-Sonic Aerospace was 12.34%. The lowest was 1.85%. And the median was 2.88%.
Warning Sign:
A-Sonic Aerospace Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.
A-Sonic Aerospace Gross Profit Historical Data
The historical data trend for A-Sonic Aerospace'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.
Competitive Comparison of A-Sonic Aerospace's Gross Profit
For the Integrated Freight & Logistics subindustry, A-Sonic Aerospace'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.
A-Sonic Aerospace's Gross Profit Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, A-Sonic Aerospace's Gross Profit distribution charts can be found below:
* The bar in red indicates where A-Sonic Aerospace's Gross Profit falls into.
A-Sonic Aerospace Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
A-Sonic Aerospace's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.1 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
A-Sonic Aerospace had a gross margin of 2.23% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage
A-Sonic Aerospace Gross Profit Related Terms
Thank you for viewing the detailed overview of A-Sonic Aerospace's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
A-Sonic Aerospace Ltd is engaged in providing supply chain management services. The company provides domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground services. Its business is divided into two segments namely Aviation which includes aircraft systems and components to airlines and aviation maintenance repair organizations, and Logistics that includes services like Airside Logistics and Transportation, Air Cargo Management and Logistics and Supply Chain Management Services. It generates a majority of its revenue from the Logistics Segment. Geographically, the company gets a majority of its share of the revenue from The People's Republic of China and also has its presence in Australia, Singapore, United States of America and Others.
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