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China East Education Holdings (HKSE:00667) Gross Profit : HK$2,267 Mil (TTM As of Dec. 2024)


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What is China East Education Holdings Gross Profit?

China East Education Holdings's gross profit for the six months ended in Dec. 2024 was HK$1,135 Mil. China East Education Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$2,267 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China East Education Holdings's gross profit for the six months ended in Dec. 2024 was HK$1,135 Mil. China East Education Holdings's Revenue for the six months ended in Dec. 2024 was HK$2,277 Mil. Therefore, China East Education Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 49.86%.

China East Education Holdings had a gross margin of 49.86% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of China East Education Holdings was 58.38%. The lowest was 47.96%. And the median was 52.22%.

Warning Sign:

China East Education Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


China East Education Holdings Gross Profit Historical Data

The historical data trend for China East Education 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.

China East Education Holdings Gross Profit Chart

China East Education Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 2,333.92 2,586.27 2,111.78 2,087.17 2,257.63

China East Education Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,002.74 1,090.93 996.24 1,131.58 1,135.37

Competitive Comparison of China East Education Holdings's Gross Profit

For the Education & Training Services subindustry, China East Education 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.


China East Education Holdings's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China East Education Holdings's Gross Profit distribution charts can be found below:

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


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China East Education Holdings Gross Profit Calculation

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

China East Education Holdings's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=4394.736 - 2137.106
=2,258

China East Education Holdings's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=2277.196 - 1141.822
=1,135

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$2,267 Mil.

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

China East Education Holdings's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,135 / 2277.196
=49.86 %

* 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.


China East Education Holdings  (HKSE:00667) 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

China East Education Holdings had a gross margin of 49.86% for the quarter that ended in Dec. 2024 => Durable competitive advantage


China East Education Holdings Gross Profit Related Terms

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China East Education Holdings Business Description

Traded in Other Exchanges
Address
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 146,294 as of Dec. 31, 2024. In 2024, China East Education's revenue breakdown by major businesses was 55% in culinary arts, 19% in information & internet technology, 22% in auto services.
Executives
Wu Junbao 2201 Interest of corporation controlled by you
Wu Junbao Education Company Limited 2101 Beneficial owner
Zhou Jiaju 2202 Interest of your spouse
Wei Zhiling 2202 Interest of your spouse
Xiao Guoqing 2201 Interest of corporation controlled by you
Xiao Guoqing Education Company Limited 2101 Beneficial owner
Cheng Jing 2202 Interest of your spouse
Wu Wei 2201 Interest of corporation controlled by you
Wu Wei Education Company Limited 2101 Beneficial owner

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