GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 7Road Holdings Ltd (HKSE:00797) » Definitions » Gross Profit

7Road Holdings (HKSE:00797) Gross Profit : HK$174.0 Mil (TTM As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is 7Road Holdings Gross Profit?

7Road Holdings's gross profit for the six months ended in Jun. 2024 was HK$111.5 Mil. 7Road Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$174.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. 7Road Holdings's gross profit for the six months ended in Jun. 2024 was HK$111.5 Mil. 7Road Holdings's Revenue for the six months ended in Jun. 2024 was HK$150.1 Mil. Therefore, 7Road Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 74.28%.

7Road Holdings had a gross margin of 74.28% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of 7Road Holdings was 91.49%. The lowest was 39.97%. And the median was 83.26%.

Warning Sign:

7Road Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.2%.


7Road Holdings Gross Profit Historical Data

The historical data trend for 7Road 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.

7Road Holdings Gross Profit Chart

7Road Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 326.18 371.61 274.86 291.69 419.03

7Road Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 70.92 224.13 356.53 62.51 111.46

Competitive Comparison of 7Road Holdings's Gross Profit

For the Electronic Gaming & Multimedia subindustry, 7Road 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.


7Road Holdings's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 7Road Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where 7Road Holdings's Gross Profit falls into.



7Road Holdings Gross Profit Calculation

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

7Road 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
=686.6 - 267.569
=419.0

7Road 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
=150.058 - 38.6
=111.5

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$174.0 Mil.

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

7Road 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
=111.5 / 150.058
=74.28 %

* 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.


7Road Holdings  (HKSE:00797) 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

7Road Holdings had a gross margin of 74.28% for the quarter that ended in Jun. 2024 => Durable competitive advantage


7Road Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of 7Road Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


7Road Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 2-18-1902, Long Shan Road, Xin Wu District, Jiangsu Province, Wuxi, CHN
7Road Holdings Ltd is a web-based and mobile online game developer and publisher in China. The company is engaged in the R&D, operation and licensing of several popular web games. It has developed games like DDTank, Chuanqi, and Wartune.
Executives
Ben 7road Holdings Limited
Shang Hai Guan Zhao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Zhe Jiang Jia Hua Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Hao Ming Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Shi Ji Hua Tong Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Han Jianhong 2201 Interest of corporation controlled by you
Songshuxing Holdings Limited
Ningbo Hao Chu Investment Management Co.,ltd
World 7road Holdings Limited
Hu Min
Meng Shuqi
Baohu Holdings Limited
Zhou Hao
Shanghai Bao Pu Investment Management Co., Ltd.
Shanghai Bao Hu Investment Management Center

7Road Holdings Headlines

No Headlines