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Karrie International Holdings (HKSE:01050) Gross Profit : HK$405 Mil (TTM As of Sep. 2024)


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What is Karrie International Holdings Gross Profit?

Karrie International Holdings's gross profit for the six months ended in Sep. 2024 was HK$201 Mil. Karrie International Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was HK$405 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Karrie International Holdings's gross profit for the six months ended in Sep. 2024 was HK$201 Mil. Karrie International Holdings's Revenue for the six months ended in Sep. 2024 was HK$1,527 Mil. Therefore, Karrie International Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 13.18%.

Karrie International Holdings had a gross margin of 13.18% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Karrie International Holdings was 27.25%. The lowest was 10.94%. And the median was 13.95%.

Warning Sign:

Karrie International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.6%.


Karrie International Holdings Gross Profit Historical Data

The historical data trend for Karrie International 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.

Karrie International Holdings Gross Profit Chart

Karrie International 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 529.49 946.38 438.09 337.17 370.14

Karrie International 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 165.80 171.37 166.55 203.59 201.16

Competitive Comparison of Karrie International Holdings's Gross Profit

For the Metal Fabrication subindustry, Karrie International 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.


Karrie International Holdings's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Karrie International Holdings's Gross Profit distribution charts can be found below:

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


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Karrie International Holdings Gross Profit Calculation

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

Karrie International 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
=2915.981 - 2545.842
=370

Karrie International Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1526.653 - 1325.49
=201

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$405 Mil.

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

Karrie International Holdings's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=201 / 1526.653
=13.18 %

* 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.


Karrie International Holdings  (HKSE:01050) 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

Karrie International Holdings had a gross margin of 13.18% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Karrie International Holdings Gross Profit Related Terms

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Karrie International Holdings Business Description

Traded in Other Exchanges
N/A
Address
611-619 Castle Peak Road, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Karrie International Holdings Ltd is an investment holding company. The group is principally engaged in the manufacturing and selling of metal and plastic products. It is organized into two main operating segments; Metal and Plastic Business, and Electronic Manufacturing Services Business. The majority of its revenue is derived from the Metal and Plastic Business segment which provides services like metal stamping, plastic injection, and mould design and production among others. Geographically, it derives maximum revenue from Hong Kong and also has a presence in Japan; Mainland China, Asia (excluding Japan, Hong Kong, and Mainland China); North America, and Western Europe.
Executives
Tmf (b.v.i.) Ltd. 2301 Trustee
The Wedding City Co. Limited

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