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NetDragon Websoft (FRA:3ND) Gross Profit : €552.7 Mil (TTM As of Jun. 2024)


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What is NetDragon Websoft Gross Profit?

NetDragon Websoft's gross profit for the six months ended in Jun. 2024 was €281.6 Mil. NetDragon Websoft's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €552.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NetDragon Websoft's gross profit for the six months ended in Jun. 2024 was €281.6 Mil. NetDragon Websoft's Revenue for the six months ended in Jun. 2024 was €422.7 Mil. Therefore, NetDragon Websoft's Gross Margin % for the quarter that ended in Jun. 2024 was 66.62%.

NetDragon Websoft had a gross margin of 66.62% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of NetDragon Websoft was 89.32%. The lowest was 54.86%. And the median was 63.11%.

Warning Sign:

NetDragon Websoft Inc gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


NetDragon Websoft Gross Profit Historical Data

The historical data trend for NetDragon Websoft'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.

NetDragon Websoft Gross Profit Chart

NetDragon Websoft 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 494.71 524.33 628.46 584.27 564.83

NetDragon Websoft Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 328.23 269.73 294.76 271.11 281.59

Competitive Comparison of NetDragon Websoft's Gross Profit

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.


NetDragon Websoft's Gross Profit Distribution in the Interactive Media Industry

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

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



NetDragon Websoft Gross Profit Calculation

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

NetDragon Websoft'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
=911.966 - 347.141
=564.8

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=422.709 - 141.116
=281.6

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €552.7 Mil.

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

NetDragon Websoft'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
=281.6 / 422.709
=66.62 %

* 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.


NetDragon Websoft  (FRA:3ND) 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

NetDragon Websoft had a gross margin of 66.62% for the quarter that ended in Jun. 2024 => Durable competitive advantage


NetDragon Websoft Gross Profit Related Terms

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NetDragon Websoft Business Description

Traded in Other Exchanges
Address
58 Wenquan Branch Road, 851 Building, Fuzhou, CHN
NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

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