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Seazen Group (HKSE:01030) Gross Profit : HK$16,923 Mil (TTM As of Jun. 2024)


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What is Seazen Group Gross Profit?

Seazen Group's gross profit for the six months ended in Jun. 2024 was HK$7,349 Mil. Seazen Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$16,923 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Seazen Group's gross profit for the six months ended in Jun. 2024 was HK$7,349 Mil. Seazen Group's Revenue for the six months ended in Jun. 2024 was HK$36,606 Mil. Therefore, Seazen Group's Gross Margin % for the quarter that ended in Jun. 2024 was 20.08%.

Seazen Group had a gross margin of 20.08% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Seazen Group was 34.79%. The lowest was 13.53%. And the median was 21.00%.

Warning Sign:

Seazen Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -19%.


Seazen Group Gross Profit Historical Data

The historical data trend for Seazen Group'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.

Seazen Group Gross Profit Chart

Seazen Group 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 29,315.89 37,445.76 34,723.10 17,799.10 17,684.20

Seazen Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only 10,145.90 8,133.43 8,110.89 9,573.33 7,349.43

Competitive Comparison of Seazen Group's Gross Profit

For the Real Estate - Development subindustry, Seazen Group'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.


Seazen Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seazen Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Seazen Group's Gross Profit falls into.



Seazen Group Gross Profit Calculation

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

Seazen Group'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
=130666.687 - 112982.484
=17,684

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=36606.073 - 29256.643
=7,349

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$16,923 Mil.

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

Seazen Group'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
=7,349 / 36606.073
=20.08 %

* 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.


Seazen Group  (HKSE:01030) 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

Seazen Group had a gross margin of 20.08% for the quarter that ended in Jun. 2024 => Competition eroding margins


Seazen Group Gross Profit Related Terms

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Seazen Group Business Description

Traded in Other Exchanges
Address
No. 5, Lane 388, Zhongjiang Road, 11th Floor, Seazen Holdings Tower B, Putuo District, Shanghai, CHN, 200063
Seazen Group Ltd is an investment holding company that develops and sells properties. The company has two operating segments; The A-share company segment is engaged in the development of residential properties and mixed-use complexes for sale and investment, and the Non-A share companies segment is engaged in services. All the property development projects are in the People's Republic of China, and accordingly, the majority of the revenue of the Group is derived from the PRC.
Executives
Chen Jing 2202 Interest of your spouse
Chen Ting Sen (ptc) Limited 2301 Trustee
Wang Zhenhua 2307 Founder of a discretionary trust who can infl
Jiang Jinzhi 2201 Interest of corporation controlled by you

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