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CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Gross Profit : $1,571 Mil (TTM As of Dec. 2023)


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What is CIFI Holdings (Group) Co Gross Profit?

CIFI Holdings (Group) Co's gross profit for the six months ended in Dec. 2023 was $878 Mil. CIFI Holdings (Group) Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,571 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CIFI Holdings (Group) Co's gross profit for the six months ended in Dec. 2023 was $878 Mil. CIFI Holdings (Group) Co's Revenue for the six months ended in Dec. 2023 was $5,674 Mil. Therefore, CIFI Holdings (Group) Co's Gross Margin % for the quarter that ended in Dec. 2023 was 15.47%.

CIFI Holdings (Group) Co had a gross margin of 15.47% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of CIFI Holdings (Group) Co was 27.09%. The lowest was 13.95%. And the median was 23.87%.

Warning Sign:

CIFI Holdings (Group) Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.4%.


CIFI Holdings (Group) Co Gross Profit Historical Data

The historical data trend for CIFI Holdings (Group) Co'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.

CIFI Holdings (Group) Co Gross Profit Chart

CIFI Holdings (Group) Co 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 2,012.66 2,386.96 3,265.26 949.51 1,573.16

CIFI Holdings (Group) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2,083.79 918.39 67.54 693.10 878.00

Competitive Comparison of CIFI Holdings (Group) Co's Gross Profit

For the Real Estate - Development subindustry, CIFI Holdings (Group) Co'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.


CIFI Holdings (Group) Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CIFI Holdings (Group) Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where CIFI Holdings (Group) Co's Gross Profit falls into.



CIFI Holdings (Group) Co Gross Profit Calculation

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

CIFI Holdings (Group) Co'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
=10060.3 - 8487.14
=1,573

CIFI Holdings (Group) Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5674.021 - 4796.019
=878

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,571 Mil.

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

CIFI Holdings (Group) Co'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
=878 / 5674.021
=15.47 %

* 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.


CIFI Holdings (Group) Co  (GREY:CFFHF) 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

CIFI Holdings (Group) Co had a gross margin of 15.47% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


CIFI Holdings (Group) Co Gross Profit Related Terms

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CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Business Description

Traded in Other Exchanges
Address
Lane 1088, No. 39 Shenhong Road, CIFI Center, Minhang District, Shanghai, CHN, 201106
CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.

CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Headlines

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