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South China Holdings Co (HKSE:00413) Gross Profit : HK$479 Mil (TTM As of Dec. 2023)


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What is South China Holdings Co Gross Profit?

South China Holdings Co's gross profit for the six months ended in Dec. 2023 was HK$354 Mil. South China Holdings Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$479 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. South China Holdings Co's gross profit for the six months ended in Dec. 2023 was HK$354 Mil. South China Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$1,749 Mil. Therefore, South China Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 20.26%.

South China Holdings Co had a gross margin of 20.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of South China Holdings Co was 19.03%. The lowest was 11.33%. And the median was 14.75%.


South China Holdings Co Gross Profit Historical Data

The historical data trend for South China Holdings Co'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.

South China Holdings Co Gross Profit Chart

South China Holdings Co 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 707.54 530.91 535.42 571.27 479.36

South China Holdings Co 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 345.94 303.64 267.62 124.86 354.50

Competitive Comparison of South China Holdings Co's Gross Profit

For the Leisure subindustry, South China Holdings Co'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.


South China Holdings Co's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, South China Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where South China Holdings Co's Gross Profit falls into.



South China Holdings Co Gross Profit Calculation

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

South China Holdings Co'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
=2887.385 - 2408.028
=479

South China Holdings Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1749.493 - 1394.997
=354

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 HK$479 Mil.

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

South China Holdings Co'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
=354 / 1749.493
=20.26 %

* 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.


South China Holdings Co  (HKSE:00413) 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

South China Holdings Co had a gross margin of 20.26% for the quarter that ended in Dec. 2023 => Competition eroding margins


South China Holdings Co Gross Profit Related Terms

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South China Holdings Co (HKSE:00413) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.
Executives
Ng Hung Sang 2101 Beneficial owner
Ng Lai King Pamela 2202 Interest of your spouse
Earntrade Investments Limited 2101 Beneficial owner

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