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Tang Palace (China) Holdings (HKSE:01181) Gross Profit : HK$342 Mil (TTM As of Dec. 2024)


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What is Tang Palace (China) Holdings Gross Profit?

Tang Palace (China) Holdings's gross profit for the six months ended in Dec. 2024 was HK$164 Mil. Tang Palace (China) Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$342 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tang Palace (China) Holdings's gross profit for the six months ended in Dec. 2024 was HK$164 Mil. Tang Palace (China) Holdings's Revenue for the six months ended in Dec. 2024 was HK$527 Mil. Therefore, Tang Palace (China) Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 31.08%.

Tang Palace (China) Holdings had a gross margin of 31.08% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Tang Palace (China) Holdings was 60.05%. The lowest was 22.82%. And the median was 32.74%.


Tang Palace (China) Holdings Gross Profit Historical Data

The historical data trend for Tang Palace (China) 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.

Tang Palace (China) Holdings Gross Profit Chart

Tang Palace (China) Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.83 552.27 240.02 398.44 340.06

Tang Palace (China) Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 140.82 220.34 178.10 177.67 163.85

Competitive Comparison of Tang Palace (China) Holdings's Gross Profit

For the Restaurants subindustry, Tang Palace (China) 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.


Tang Palace (China) Holdings's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tang Palace (China) Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tang Palace (China) Holdings's Gross Profit falls into.


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Tang Palace (China) Holdings Gross Profit Calculation

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

Tang Palace (China) Holdings's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1090.16 - 750.105
=340

Tang Palace (China) Holdings's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=527.167 - 363.317
=164

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$342 Mil.

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

Tang Palace (China) Holdings's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=164 / 527.167
=31.08 %

* 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.


Tang Palace (China) Holdings  (HKSE:01181) 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

Tang Palace (China) Holdings had a gross margin of 31.08% for the quarter that ended in Dec. 2024 => Competition eroding margins


Tang Palace (China) Holdings Gross Profit Related Terms

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Tang Palace (China) Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Science Museum Road, Unit 3, 10th Floor, Greenfield Tower, Concordia Plaza, Kowloon, HKG
Tang Palace (China) Holdings Ltd is an investment holding company engaged in restaurant operations and food production. The primary production of the group is located in the People's Republic of China. It offers new dishes, seasonal foods, festive celebrations, basic sauces, food ingredients, and casual dining of different regional cuisines. The company has four operating segments - the Southern China region, the Eastern China region, the Northern China region, and the Western China region. The majority of its revenue is generated from the Eastern China segment. The company operates restaurants under the brands of Soup Delice, Tang Palace, Tang's Cuisine, Tang Palace Seafood Restaurant, Canton Tea Room, Social Place, Pepper Lunch, and PappaRich.
Executives
Current Success Investments Limited 2101 Beneficial owner
Yip Shu Ming 2201 Interest of corporation controlled by you
Wong Sau Mui 2202 Interest of your spouse
Li Gabriel 2307 Founder of a discretionary trust who can infl
Lam Lai Ming 2307 Founder of a discretionary trust who can infl
Ym Investment Limited 2201 Interest of corporation controlled by you
The Li Family (ptc) Limited 2301 Trustee
Oaiv Holdings, L.p. 2201 Interest of corporation controlled by you
Orchid Asia Iv Group Management, Limited 2201 Interest of corporation controlled by you
Orchid Asia Iv Group, Limited 2201 Interest of corporation controlled by you
Orchid Asia Iv Investment, Limited 2201 Interest of corporation controlled by you
Orchid Asia Iv, L.p. 2101 Beneficial owner
Au Yim Bing Anniver 2202 Interest of your spouse
Chan Man Wai 2101 Beneficial owner
Ku Hok Chiu 2201 Interest of corporation controlled by you

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