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SiS International Holdings (HKSE:00529) Gross Profit : HK$669 Mil (TTM As of Dec. 2023)


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What is SiS International Holdings Gross Profit?

SiS International Holdings's gross profit for the six months ended in Dec. 2023 was HK$379 Mil. SiS International Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$669 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SiS International Holdings's gross profit for the six months ended in Dec. 2023 was HK$379 Mil. SiS International Holdings's Revenue for the six months ended in Dec. 2023 was HK$4,696 Mil. Therefore, SiS International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 8.07%.

SiS International Holdings had a gross margin of 8.07% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of SiS International Holdings was 18.49%. The lowest was 6.21%. And the median was 8.47%.

Warning Sign:

SiS International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


SiS International Holdings Gross Profit Historical Data

The historical data trend for SiS International 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.

SiS International Holdings Gross Profit Chart

SiS International 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 552.67 630.31 682.81 618.42 668.59

SiS International Holdings 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 372.45 309.83 308.59 289.70 378.89

Competitive Comparison of SiS International Holdings's Gross Profit

For the Electronics & Computer Distribution subindustry, SiS International 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.


SiS International Holdings's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SiS International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where SiS International Holdings's Gross Profit falls into.



SiS International Holdings Gross Profit Calculation

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

SiS International 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
=9067.962 - 8399.374
=669

SiS International Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4696.017 - 4317.125
=379

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$669 Mil.

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

SiS International Holdings'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
=379 / 4696.017
=8.07 %

* 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.


SiS International Holdings  (HKSE:00529) 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

SiS International Holdings had a gross margin of 8.07% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


SiS International Holdings Gross Profit Related Terms

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SiS International Holdings (HKSE:00529) Business Description

Traded in Other Exchanges
N/A
Address
803 Nine Queen's Road Central, Hong Kong, HKG
SiS International Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Distribution of mobile & IT products, Property investment & hotel operations, and Securities investment. The company generates its revenue from the distribution of mobile and IT products segment. Its distribution products include consumer electronic products, computer systems, networking products, notebooks, tablets, software, smartphones, and mobile software & solutions. Its geographical segments are Hong Kong, Japan, Singapore, and Thailand, of which the majority of its revenue comes from Thailand.
Executives
Lim Kia Hong 2202 Interest of your spouse
Lim Kiah Meng 2202 Interest of your spouse

SiS International Holdings (HKSE:00529) Headlines

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