GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Next Capital PCL (BKK:NCAP) » Definitions » Gross Profit

Next Capital PCL (BKK:NCAP) Gross Profit : ฿1,167 Mil (TTM As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Next Capital PCL Gross Profit?

Next Capital PCL's gross profit for the three months ended in Mar. 2024 was ฿384 Mil. Next Capital PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,167 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Next Capital PCL's gross profit for the three months ended in Mar. 2024 was ฿384 Mil. Next Capital PCL's Revenue for the three months ended in Mar. 2024 was ฿449 Mil. Therefore, Next Capital PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 85.40%.

Next Capital PCL had a gross margin of 85.40% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Next Capital PCL was 71.46%. The lowest was 62.56%. And the median was 66.96%.


Next Capital PCL Gross Profit Historical Data

The historical data trend for Next Capital PCL'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.

Next Capital PCL Gross Profit Chart

Next Capital PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 596.29 667.06 820.81 1,208.29 1,173.65

Next Capital PCL Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 390.79 397.69 395.00 -9.84 383.71

Competitive Comparison of Next Capital PCL's Gross Profit

For the Credit Services subindustry, Next Capital PCL'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.


Next Capital PCL's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Next Capital PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Next Capital PCL's Gross Profit falls into.



Next Capital PCL Gross Profit Calculation

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

Next Capital PCL'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
=1780.658 - 607.011
=1,174

Next Capital PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=449.31 - 65.601
=384

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,167 Mil.

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

Next Capital PCL's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=384 / 449.31
=85.40 %

* 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.


Next Capital PCL  (BKK:NCAP) 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

Next Capital PCL had a gross margin of 85.40% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Next Capital PCL Gross Profit Related Terms

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


Next Capital PCL (BKK:NCAP) Business Description

Traded in Other Exchanges
N/A
Address
Surawong Road, No. 163 Thai Samut Building, 15th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500
Next Capital PCL is a financial institution that lends credit to the public but does not receive deposits. The company operates a hire-purchase loan business which is not under the supervision of the Bank of Thailand with a focus on serving retail customers who mainly want to own motorcycles by offering new motorcycle hire-purchase loans. It is engaged in two segments which are motorcycle hire-purchase and used truck hire-purchase.