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Kerry Logistics Network (FRA:KYL) Gross Profit : €576 Mil (TTM As of Dec. 2023)


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What is Kerry Logistics Network Gross Profit?

Kerry Logistics Network's gross profit for the six months ended in Dec. 2023 was €326 Mil. Kerry Logistics Network's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €576 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kerry Logistics Network's gross profit for the six months ended in Dec. 2023 was €326 Mil. Kerry Logistics Network's Revenue for the six months ended in Dec. 2023 was €2,594 Mil. Therefore, Kerry Logistics Network's Gross Margin % for the quarter that ended in Dec. 2023 was 12.55%.

Kerry Logistics Network had a gross margin of 12.55% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Kerry Logistics Network was 16.23%. The lowest was 9.33%. And the median was 12.80%.

Warning Sign:

Kerry Logistics Network Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


Kerry Logistics Network Gross Profit Historical Data

The historical data trend for Kerry Logistics Network'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.

Kerry Logistics Network Gross Profit Chart

Kerry Logistics Network 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 623.01 490.92 1,021.73 1,063.92 575.48

Kerry Logistics Network 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 625.34 637.41 422.73 250.85 325.52

Competitive Comparison of Kerry Logistics Network's Gross Profit

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.


Kerry Logistics Network's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Gross Profit falls into.



Kerry Logistics Network Gross Profit Calculation

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

Kerry Logistics Network'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
=5566.433 - 4990.956
=575

Kerry Logistics Network's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2594.077 - 2268.555
=326

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 €576 Mil.

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

Kerry Logistics Network'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
=326 / 2594.077
=12.55 %

* 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.


Kerry Logistics Network  (FRA:KYL) 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

Kerry Logistics Network had a gross margin of 12.55% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Kerry Logistics Network Gross Profit Related Terms

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Kerry Logistics Network (FRA:KYL) Business Description

Traded in Other Exchanges
Address
55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG
Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.

Kerry Logistics Network (FRA:KYL) Headlines

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