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Shoucheng Holdings (HKSE:00697) Gross Profit : HK$494 Mil (TTM As of Jun. 2024)


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What is Shoucheng Holdings Gross Profit?

Shoucheng Holdings's gross profit for the three months ended in Jun. 2024 was HK$32 Mil. Shoucheng Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$494 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shoucheng Holdings's gross profit for the three months ended in Jun. 2024 was HK$32 Mil. Shoucheng Holdings's Revenue for the three months ended in Jun. 2024 was HK$184 Mil. Therefore, Shoucheng Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 17.18%.

Shoucheng Holdings had a gross margin of 17.18% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Shoucheng Holdings was 66.53%. The lowest was -3.96%. And the median was 32.72%.

Warning Sign:

Shoucheng Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Shoucheng Holdings Gross Profit Historical Data

The historical data trend for Shoucheng 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.

Shoucheng Holdings Gross Profit Chart

Shoucheng 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 202.40 174.39 547.20 1,064.42 359.72

Shoucheng Holdings Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -102.34 189.07 71.41 201.77 31.69

Competitive Comparison of Shoucheng Holdings's Gross Profit

For the Infrastructure Operations subindustry, Shoucheng 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.


Shoucheng Holdings's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shoucheng Holdings's Gross Profit distribution charts can be found below:

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



Shoucheng Holdings Gross Profit Calculation

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

Shoucheng 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
=883.478 - 523.759
=360

Shoucheng Holdings's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=184.468 - 152.783
=32

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$494 Mil.

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

Shoucheng Holdings's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=32 / 184.468
=17.18 %

* 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.


Shoucheng Holdings  (HKSE:00697) 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

Shoucheng Holdings had a gross margin of 17.18% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Shoucheng Holdings Gross Profit Related Terms

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Shoucheng Holdings Business Description

Traded in Other Exchanges
N/A
Address
56 Gloucester Road, 7th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shoucheng Holdings Ltd is engaged in the operation and management of car parking assets; and the management of private funds oriented towards urban development. The principal activity of the Company is investment holding. The Group's revenue comes from asset operations and FIME. Asset operations include industry-based services, technology, consulting, research, innovation, value-adding and other services generated around core infrastructure assets. FIME includes income from consultancy services for public offering REITs and management and investment of public offering REITs development funds and strategic placement funds.
Executives
Century Acquisition Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
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Rocket Parade Limited 2101 Beneficial owner
Nws Fm Limited 2201 Interest of corporation controlled by you
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Yang Guang Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
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Beijing State-owned Capital Operation And Management Company Limited 2201 Interest of corporation controlled by you

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