Leunda Holdings (HKSE:00738) Gross Profit : HK$297.4 Mil (TTM As of Aug. 2023)

Leunda Holdings Gross Profit Chart

Leunda Holdings Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Gross Profit		Get a 7-Day Free Trial					664.26	507.30	426.43	439.97	308.96

Leunda Holdings Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Gross Profit	Get a 7-Day Free Trial															201.93	233.38	158.08	151.73	145.66

Competitive Comparison of Leunda Holdings's Gross Profit

For the Footwear & Accessories subindustry, Leunda 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.

Leunda Holdings's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leunda Holdings's Gross Profit distribution charts can be found below:

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

Leunda Holdings Gross Profit Calculation

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

Leunda Holdings's Gross Profit for the fiscal year that ended in Feb. 2023 is calculated as

Leunda Holdings's Gross Profit for the quarter that ended in Aug. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$297.4 Mil.

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

Leunda Holdings's Gross Margin % for the quarter that ended in Aug. 2023 is calculated as

* 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.

Leunda Holdings  (HKSE:00738) 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

Leunda Holdings had a gross margin of 65.55% for the quarter that ended in Aug. 2023 => Durable competitive advantage

Leunda Holdings Gross Profit Related Terms

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Leunda Holdings (HKSE:00738) Business Description