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Emperor Entertainment Hotel (HKSE:00296) Gross Profit : HK$136.5 Mil (TTM As of Sep. 2023)


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What is Emperor Entertainment Hotel Gross Profit?

Emperor Entertainment Hotel's gross profit for the six months ended in Sep. 2023 was HK$133.7 Mil. Emperor Entertainment Hotel's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$136.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Emperor Entertainment Hotel's gross profit for the six months ended in Sep. 2023 was HK$133.7 Mil. Emperor Entertainment Hotel's Revenue for the six months ended in Sep. 2023 was HK$371.8 Mil. Therefore, Emperor Entertainment Hotel's Gross Margin % for the quarter that ended in Sep. 2023 was 35.95%.

Emperor Entertainment Hotel had a gross margin of 35.95% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Emperor Entertainment Hotel was 76.76%. The lowest was -39.74%. And the median was 62.34%.


Emperor Entertainment Hotel Gross Profit Historical Data

The historical data trend for Emperor Entertainment Hotel'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.

Emperor Entertainment Hotel Gross Profit Chart

Emperor Entertainment Hotel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 838.19 614.15 -103.44 -83.27 -115.69

Emperor Entertainment Hotel 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 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 -42.71 -40.56 -118.48 2.79 133.69

Competitive Comparison of Emperor Entertainment Hotel's Gross Profit

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel'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.


Emperor Entertainment Hotel's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emperor Entertainment Hotel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Emperor Entertainment Hotel's Gross Profit falls into.



Emperor Entertainment Hotel Gross Profit Calculation

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

Emperor Entertainment Hotel's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=291.119 - 406.808
=-115.7

Emperor Entertainment Hotel's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=371.837 - 238.147
=133.7

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$136.5 Mil.

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

Emperor Entertainment Hotel's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=133.7 / 371.837
=35.95 %

* 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.


Emperor Entertainment Hotel  (HKSE:00296) 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

Emperor Entertainment Hotel had a gross margin of 35.95% for the quarter that ended in Sep. 2023 => Competition eroding margins


Emperor Entertainment Hotel Gross Profit Related Terms

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Emperor Entertainment Hotel (HKSE:00296) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

Emperor Entertainment Hotel (HKSE:00296) Headlines

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