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CSCMY (COSCO Shipping International (Singapore) Co) Gross Profit : $31.4 Mil (TTM As of Dec. 2024)


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What is COSCO Shipping International (Singapore) Co Gross Profit?

COSCO Shipping International (Singapore) Co's gross profit for the six months ended in Dec. 2024 was $16.6 Mil. COSCO Shipping International (Singapore) Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $31.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. COSCO Shipping International (Singapore) Co's gross profit for the six months ended in Dec. 2024 was $16.6 Mil. COSCO Shipping International (Singapore) Co's Revenue for the six months ended in Dec. 2024 was $67.1 Mil. Therefore, COSCO Shipping International (Singapore) Co's Gross Margin % for the quarter that ended in Dec. 2024 was 24.72%.

COSCO Shipping International (Singapore) Co had a gross margin of 24.72% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of COSCO Shipping International (Singapore) Co was 31.08%. The lowest was -14.82%. And the median was 22.92%.


COSCO Shipping International (Singapore) Co Gross Profit Historical Data

The historical data trend for COSCO Shipping International (Singapore) 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.

COSCO Shipping International (Singapore) Co Gross Profit Chart

COSCO Shipping International (Singapore) Co 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 22.57 34.60 30.51 30.29 31.46

COSCO Shipping International (Singapore) Co 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 15.53 16.39 13.73 14.85 16.60

Competitive Comparison of COSCO Shipping International (Singapore) Co's Gross Profit

For the Integrated Freight & Logistics subindustry, COSCO Shipping International (Singapore) 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.


COSCO Shipping International (Singapore) Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO Shipping International (Singapore) Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where COSCO Shipping International (Singapore) Co's Gross Profit falls into.


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COSCO Shipping International (Singapore) Co Gross Profit Calculation

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

COSCO Shipping International (Singapore) Co'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
=128.048 - 96.591
=31.5

COSCO Shipping International (Singapore) Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=67.132 - 50.534
=16.6

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 $31.4 Mil.

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

COSCO Shipping International (Singapore) Co'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
=16.6 / 67.132
=24.72 %

* 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.


COSCO Shipping International (Singapore) Co  (OTCPK:CSCMY) 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

COSCO Shipping International (Singapore) Co had a gross margin of 24.72% for the quarter that ended in Dec. 2024 => Competition eroding margins


COSCO Shipping International (Singapore) Co Gross Profit Related Terms

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COSCO Shipping International (Singapore) Co Business Description

Traded in Other Exchanges
Address
30 Cecil Street, No. 26-01 Prudential Tower, Singapore, SGP, 049712
COSCO Shipping International (Singapore) Co Ltd is an investment holding company that operates and engages in ship repair and marine engineering activities, including annual inspection, ship store supply, fabrication work services, and production of outfitting components. It operates in the following segments: shipping, ship repair and marine engineering activities, logistics, property management, and others. The majority of its revenue is derived from the Logistics segment. It operates in two geographic areas Singapore operations in this area are principally in ship repair and marine engineering related activities, logistics, and property management; and in Malaysia, the operations in this area are principally in logistics activities.

COSCO Shipping International (Singapore) Co Headlines

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