GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cross-Harbour (Holdings) Ltd (HKSE:00032) » Definitions » Gross Profit

Cross-Harbour (Holdings) (HKSE:00032) Gross Profit : HK$603.0 Mil (TTM As of Jun. 2024)


View and export this data going back to 1974. Start your Free Trial

What is Cross-Harbour (Holdings) Gross Profit?

Cross-Harbour (Holdings)'s gross profit for the six months ended in Jun. 2024 was HK$321.8 Mil. Cross-Harbour (Holdings)'s gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$603.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cross-Harbour (Holdings)'s gross profit for the six months ended in Jun. 2024 was HK$321.8 Mil. Cross-Harbour (Holdings)'s Revenue for the six months ended in Jun. 2024 was HK$470.2 Mil. Therefore, Cross-Harbour (Holdings)'s Gross Margin % for the quarter that ended in Jun. 2024 was 68.44%.

Cross-Harbour (Holdings) had a gross margin of 68.44% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Cross-Harbour (Holdings) was 72.40%. The lowest was 61.10%. And the median was 64.73%.

Warning Sign:

Cross-Harbour (Holdings) Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Cross-Harbour (Holdings) Gross Profit Historical Data

The historical data trend for Cross-Harbour (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.

Cross-Harbour (Holdings) Gross Profit Chart

Cross-Harbour (Holdings) 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 481.64 550.61 470.89 454.20 564.80

Cross-Harbour (Holdings) 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 196.13 258.07 283.61 281.19 321.80

Competitive Comparison of Cross-Harbour (Holdings)'s Gross Profit

For the Education & Training Services subindustry, Cross-Harbour (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.


Cross-Harbour (Holdings)'s Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cross-Harbour (Holdings)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Cross-Harbour (Holdings)'s Gross Profit falls into.



Cross-Harbour (Holdings) Gross Profit Calculation

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

Cross-Harbour (Holdings)'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
=875.164 - 310.369
=564.8

Cross-Harbour (Holdings)'s Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=470.185 - 148.39
=321.8

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 HK$603.0 Mil.

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

Cross-Harbour (Holdings)'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
=321.8 / 470.185
=68.44 %

* 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.


Cross-Harbour (Holdings)  (HKSE:00032) 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

Cross-Harbour (Holdings) had a gross margin of 68.44% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Cross-Harbour (Holdings) Gross Profit Related Terms

Thank you for viewing the detailed overview of Cross-Harbour (Holdings)'s Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Cross-Harbour (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, China Resources Building, 25th Floor, Wanchai, Hong Kong, HKG
Cross-Harbour (Holdings) Ltd is a Hong Kong-based company that operates instructional driving schools. The principal activity of the firm is an investment holding with an emphasis on transport infrastructures tunnel operation, the operation of driver training centers, and the operation of electronic toll collection systems. The company's Hong Kong School of Motoring is one of the instructional driving programs in Hong Kong. The School of Motoring provides training for both new and advanced drivers as well as training for commercial operators and public organizations. Fees from its driving school operations represent the majority of the company's revenue.
Executives
Cheung Chung Kiu 2201 Interest of corporation controlled by you
Windsor Dynasty Limited 2201 Interest of corporation controlled by you

Cross-Harbour (Holdings) Headlines

No Headlines