Far East Hotels & Entertainment (HKSE:00037) Gross Profit : HK$5.94 Mil (TTM As of Sep. 2023)

Far East Hotels & Entertainment Gross Profit Chart

Far East Hotels & Entertainment Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Gross Profit		Get a 7-Day Free Trial					13.50	25.79	26.55	24.67	5.91

Far East Hotels & Entertainment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Profit	Get a 7-Day Free Trial															10.41	14.26	5.02	0.89	5.05

Competitive Comparison of Far East Hotels & Entertainment's Gross Profit

For the Real Estate Services subindustry, Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Hotels & Entertainment's Gross Profit distribution charts can be found below:

* The bar in red indicates where Far East Hotels & Entertainment's Gross Profit falls into.

Far East Hotels & Entertainment Gross Profit Calculation

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

Far East Hotels & Entertainment's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Far East Hotels & Entertainment's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$5.94 Mil.

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

Far East Hotels & Entertainment's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

* 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.

Far East Hotels & Entertainment  (HKSE:00037) 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

Far East Hotels & Entertainment had a gross margin of 29.04% for the quarter that ended in Sep. 2023 => Competition eroding margins

Far East Hotels & Entertainment Gross Profit Related Terms

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Far East Hotels & Entertainment (HKSE:00037) Business Description