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Integrated Waste Solutions Group Holdings (HKSE:00923) Gross Profit : HK$24.88 Mil (TTM As of Mar. 2024)


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What is Integrated Waste Solutions Group Holdings Gross Profit?

Integrated Waste Solutions Group Holdings's gross profit for the six months ended in Mar. 2024 was HK$12.61 Mil. Integrated Waste Solutions Group Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was HK$24.88 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Integrated Waste Solutions Group Holdings's gross profit for the six months ended in Mar. 2024 was HK$12.61 Mil. Integrated Waste Solutions Group Holdings's Revenue for the six months ended in Mar. 2024 was HK$21.82 Mil. Therefore, Integrated Waste Solutions Group Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 57.79%.

Integrated Waste Solutions Group Holdings had a gross margin of 57.79% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Integrated Waste Solutions Group Holdings was 59.73%. The lowest was 5.49%. And the median was 19.91%.


Integrated Waste Solutions Group Holdings Gross Profit Historical Data

The historical data trend for Integrated Waste Solutions Group 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.

Integrated Waste Solutions Group Holdings Gross Profit Chart

Integrated Waste Solutions Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.21 29.09 25.16 25.00 25.35

Integrated Waste Solutions Group Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 13.83 11.17 12.74 12.61 12.27

Competitive Comparison of Integrated Waste Solutions Group Holdings's Gross Profit

For the Conglomerates subindustry, Integrated Waste Solutions Group 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.


Integrated Waste Solutions Group Holdings's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Integrated Waste Solutions Group Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Integrated Waste Solutions Group Holdings's Gross Profit falls into.



Integrated Waste Solutions Group Holdings Gross Profit Calculation

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

Integrated Waste Solutions Group Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=42.698 - 17.35
=25.35

Integrated Waste Solutions Group Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=21.822 - 9.212
=12.61

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$24.88 Mil.

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

Integrated Waste Solutions Group Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.61 / 21.822
=57.79 %

* 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.


Integrated Waste Solutions Group Holdings  (HKSE:00923) 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

Integrated Waste Solutions Group Holdings had a gross margin of 57.79% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Integrated Waste Solutions Group Holdings Gross Profit Related Terms

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Integrated Waste Solutions Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
8 Chun Cheong Street, Integrated Waste Solutions Building, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Integrated Waste Solutions Group Holdings Ltd and its subsidiaries are engaged in the trading of recovered paper and materials, trading of tissue paper products, provision of confidential materials destruction services, and provision of logistics services. It has four operating business segments: Recovered paper and materials; Tissue paper products; Confidential materials destruction service (CMDS); and Logistics services. Geographically, it serves Hong Kong and Mainland China. The company derives the majority of its revenue from sales of Recovered paper and materials in Hong Kong.
Executives
Firstrate Enterprises Limited 2101 Beneficial owner
Wong Kim Pun 2201 Interest of corporation controlled by you
So Kit Yee Anita 2201 Interest of corporation controlled by you

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