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Tse Sui Luen Jewellery (International) (HKSE:00417) Gross Profit : HK$933 Mil (TTM As of Sep. 2023)


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What is Tse Sui Luen Jewellery (International) Gross Profit?

Tse Sui Luen Jewellery (International)'s gross profit for the six months ended in Sep. 2023 was HK$470 Mil. Tse Sui Luen Jewellery (International)'s gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$933 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tse Sui Luen Jewellery (International)'s gross profit for the six months ended in Sep. 2023 was HK$470 Mil. Tse Sui Luen Jewellery (International)'s Revenue for the six months ended in Sep. 2023 was HK$1,347 Mil. Therefore, Tse Sui Luen Jewellery (International)'s Gross Margin % for the quarter that ended in Sep. 2023 was 34.90%.

Tse Sui Luen Jewellery (International) had a gross margin of 34.90% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Tse Sui Luen Jewellery (International) was 46.82%. The lowest was 34.69%. And the median was 41.79%.

Warning Sign:

Tse Sui Luen Jewellery (International) Ltd gross margin has been in long-term decline. The average rate of decline per year is -4%.


Tse Sui Luen Jewellery (International) Gross Profit Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) Gross Profit Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,619.36 1,148.40 959.72 1,062.83 908.84

Tse Sui Luen Jewellery (International) Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 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 510.85 551.97 445.82 463.02 470.00

Competitive Comparison of Tse Sui Luen Jewellery (International)'s Gross Profit

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.


Tse Sui Luen Jewellery (International)'s Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Gross Profit falls into.



Tse Sui Luen Jewellery (International) Gross Profit Calculation

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

Tse Sui Luen Jewellery (International)'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
=2590.936 - 1682.093
=909

Tse Sui Luen Jewellery (International)'s Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1346.534 - 876.538
=470

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$933 Mil.

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

Tse Sui Luen Jewellery (International)'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
=470 / 1346.534
=34.90 %

* 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.


Tse Sui Luen Jewellery (International)  (HKSE:00417) 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

Tse Sui Luen Jewellery (International) had a gross margin of 34.90% for the quarter that ended in Sep. 2023 => Competition eroding margins


Tse Sui Luen Jewellery (International) Gross Profit Related Terms

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Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Traded in Other Exchanges
N/A
Address
30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.
Executives
Elmas Hong Kong Limited 2301 Trustee
Prime Investments S.a. 2201 Interest of corporation controlled by you
Tse Tat Fung, Tommy 2202 Interest of your spouse
Yau On Yee, Annie 2202 Interest of your spouse
Blink Technology Limited 2201 Interest of corporation controlled by you
Partner Logistics Limited 2101 Beneficial owner
Rosy Blue Jewellery (hk) Limited 2201 Interest of corporation controlled by you
Rosy Blue Overseas Holdings Limited 2201 Interest of corporation controlled by you

Tse Sui Luen Jewellery (International) (HKSE:00417) Headlines

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