GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kingsoft Corp Ltd (FRA:3K1) » Definitions » Gross Profit

Kingsoft (FRA:3K1) Gross Profit : €1,040 Mil (TTM As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Kingsoft Gross Profit?

Kingsoft's gross profit for the three months ended in Jun. 2024 was €261 Mil. Kingsoft's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €1,040 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kingsoft's gross profit for the three months ended in Jun. 2024 was €261 Mil. Kingsoft's Revenue for the three months ended in Jun. 2024 was €317 Mil. Therefore, Kingsoft's Gross Margin % for the quarter that ended in Jun. 2024 was 82.55%.

Kingsoft had a gross margin of 82.55% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Kingsoft was 83.60%. The lowest was 46.34%. And the median was 81.18%.


Kingsoft Gross Profit Historical Data

The historical data trend for Kingsoft'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.

Kingsoft Gross Profit Chart

Kingsoft 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 456.94 587.90 724.51 836.39 902.89

Kingsoft Quarterly Data
Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 215.30 243.53 222.37 261.49 312.53

Competitive Comparison of Kingsoft's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Kingsoft'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.


Kingsoft's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingsoft's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kingsoft's Gross Profit falls into.



Kingsoft Gross Profit Calculation

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

Kingsoft'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
=1095.953 - 193.062
=903

Kingsoft's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=316.778 - 55.285
=261

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,040 Mil.

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

Kingsoft's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=261 / 316.778
=82.55 %

* 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.


Kingsoft  (FRA:3K1) 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

Kingsoft had a gross margin of 82.55% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Kingsoft Gross Profit Related Terms

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


Kingsoft Business Description

Traded in Other Exchanges
Address
No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085
Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others and office software and services. It generates maximum revenue from the entertainment software and others segment. The entertainment software and others segment is engaged in the research and development of games, and the provision of online games, mobile games and casual game services. Geographically, it derives a majority of revenue from Mainland China.

Kingsoft Headlines

No Headlines