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Kong Sun Holdings (HKSE:00295) Gross Profit : HK$261.9 Mil (TTM As of Jun. 2024)


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What is Kong Sun Holdings Gross Profit?

Kong Sun Holdings's gross profit for the six months ended in Jun. 2024 was HK$127.6 Mil. Kong Sun Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$261.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kong Sun Holdings's gross profit for the six months ended in Jun. 2024 was HK$127.6 Mil. Kong Sun Holdings's Revenue for the six months ended in Jun. 2024 was HK$246.6 Mil. Therefore, Kong Sun Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 51.75%.

Kong Sun Holdings had a gross margin of 51.75% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Kong Sun Holdings was 64.26%. The lowest was 9.38%. And the median was 53.18%.

Warning Sign:

Kong Sun Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


Kong Sun Holdings Gross Profit Historical Data

The historical data trend for Kong Sun 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.

Kong Sun Holdings Gross Profit Chart

Kong Sun 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 1,221.51 1,092.08 710.68 298.93 240.25

Kong Sun 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 153.04 153.14 105.95 134.30 127.62

Competitive Comparison of Kong Sun Holdings's Gross Profit

For the Utilities - Renewable subindustry, Kong Sun 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.


Kong Sun Holdings's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kong Sun Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kong Sun Holdings's Gross Profit falls into.



Kong Sun Holdings Gross Profit Calculation

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

Kong Sun 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
=519.319 - 279.073
=240.2

Kong Sun 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
=246.622 - 118.998
=127.6

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 HK$261.9 Mil.

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

Kong Sun 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
=127.6 / 246.622
=51.75 %

* 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.


Kong Sun Holdings  (HKSE:00295) 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

Kong Sun Holdings had a gross margin of 51.75% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Kong Sun Holdings Gross Profit Related Terms

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Kong Sun Holdings Business Description

Traded in Other Exchanges
N/A
Address
108 Gloucester Road, Everbright Centre, Unit 803-4, 8th Floor, Wanchai, Hong Kong, HKG
Kong Sun Holdings Ltd owns and operates photovoltaic power plants, invest in and lease properties, manufactures and sells life-like plants, and trade listed securities. It operates through the following segments: Solar Power Plants, Financial Services, and Liquefied natural gas. The Solar Power Plants segment which derives the majority of revenue generates and sells electricity. The Financial Services segment generates interest income recognized on a time-proportion basis. The Liquefied natural gas segment engages in the trading of liquefied natural gas.
Executives
Miao Yu 2201 Interest of corporation controlled by you
Prospect Ace Limited 2101 Beneficial owner
Xiang Jun 2101 Beneficial owner

Kong Sun Holdings Headlines

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