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Southwest Securities International Securities (HKSE:00812) Gross Profit : HK$5.93 Mil (TTM As of Dec. 2023)


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What is Southwest Securities International Securities Gross Profit?

Southwest Securities International Securities's gross profit for the six months ended in Dec. 2023 was HK$-3.23 Mil. Southwest Securities International Securities's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.93 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Southwest Securities International Securities's gross profit for the six months ended in Dec. 2023 was HK$-3.23 Mil. Southwest Securities International Securities's Revenue for the six months ended in Dec. 2023 was HK$8.28 Mil. Therefore, Southwest Securities International Securities's Gross Margin % for the quarter that ended in Dec. 2023 was -38.97%.

Southwest Securities International Securities had a gross margin of -38.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Southwest Securities International Securities was 144.35%. The lowest was 0.94%. And the median was 51.39%.


Southwest Securities International Securities Gross Profit Historical Data

The historical data trend for Southwest Securities International Securities'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.

Southwest Securities International Securities Gross Profit Chart

Southwest Securities International Securities Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.42 139.30 68.97 -147.30 5.93

Southwest Securities International Securities 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 -11.17 -135.93 -11.37 9.16 -3.23

Competitive Comparison of Southwest Securities International Securities's Gross Profit

For the Capital Markets subindustry, Southwest Securities International Securities'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.


Southwest Securities International Securities's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Southwest Securities International Securities's Gross Profit distribution charts can be found below:

* The bar in red indicates where Southwest Securities International Securities's Gross Profit falls into.



Southwest Securities International Securities Gross Profit Calculation

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

Southwest Securities International Securities'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
=31.192 - 25.258
=5.93

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=8.279 - 11.505
=-3.23

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$5.93 Mil.

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

Southwest Securities International Securities'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
=-3.23 / 8.279
=-38.97 %

* 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.


Southwest Securities International Securities  (HKSE:00812) 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

Southwest Securities International Securities had a gross margin of -38.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Southwest Securities International Securities Gross Profit Related Terms

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Southwest Securities International Securities (HKSE:00812) Business Description

Traded in Other Exchanges
Address
One Hysan Avenue, 14th Floor, Causeway Bay, Hong Kong, HKG
Southwest Securities International Securities Ltd is a financial services provider in Hong Kong. The company's services include corporate finance, asset management, brokerage; and loan services. Its segments consist of Brokerage and Margin financing which provides brokerage services in trading in securities, futures contracts and options and margin financing services, and underwriting and placements; Corporate finance segment offers underwriting and placements and corporate finance advisory services; Asset management provides asset management services; and Proprietary trading engaged in trading in securities, futures and options, fund investments.
Executives
Southwest Securities International Investment Limited 2101 Beneficial owner

Southwest Securities International Securities (HKSE:00812) Headlines

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