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COUTF (Huicheng International Holdings) Gross Profit : $11.17 Mil (TTM As of Dec. 2024)


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What is Huicheng International Holdings Gross Profit?

Huicheng International Holdings's gross profit for the six months ended in Dec. 2024 was $4.31 Mil. Huicheng International Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $11.17 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Huicheng International Holdings's gross profit for the six months ended in Dec. 2024 was $4.31 Mil. Huicheng International Holdings's Revenue for the six months ended in Dec. 2024 was $10.14 Mil. Therefore, Huicheng International Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 42.53%.

Huicheng International Holdings had a gross margin of 42.53% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Huicheng International Holdings was 77.92%. The lowest was 39.39%. And the median was 64.23%.

Warning Sign:

Huicheng International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.1%.


Huicheng International Holdings Gross Profit Historical Data

The historical data trend for Huicheng International Holdings'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.

Huicheng International Holdings Gross Profit Chart

Huicheng International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.95 30.56 11.67 14.19 11.14

Huicheng International Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.80 9.96 4.21 6.85 4.31

Competitive Comparison of Huicheng International Holdings's Gross Profit

For the Apparel Manufacturing subindustry, Huicheng International Holdings'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.


Huicheng International Holdings's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Huicheng International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Huicheng International Holdings's Gross Profit falls into.


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Huicheng International Holdings Gross Profit Calculation

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

Huicheng International Holdings's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=21.438 - 10.297
=11.14

Huicheng International Holdings's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=10.139 - 5.827
=4.31

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11.17 Mil.

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

Huicheng International Holdings's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.31 / 10.139
=42.53 %

* 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.


Huicheng International Holdings  (OTCPK:COUTF) 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

Huicheng International Holdings had a gross margin of 42.53% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Huicheng International Holdings Gross Profit Related Terms

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Huicheng International Holdings Business Description

Traded in Other Exchanges
Address
Tong Pu Road, No. 9 Lane 1225, Pu Tuo District, Shanghai, CHN, 200333
Huicheng International Holdings Ltd formerly China Outfitters Holdings Ltd is engaged in designing, manufacturing, marketing and selling apparel products and accessories in the People's Republic of China, with a focus on menswear. The company offers range of men's casual wear, including smart casual wear, outdoor casual wear, leisure wear and accessories, under several international brands. It sell products under the Santa Barbara Polo & Racquet Club ("SBPRC") brands under license.

Huicheng International Holdings Headlines