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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Gross Profit : HK$494.7 Mil (TTM As of Dec. 2023)


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What is Langham Hospitality Investments and Langham Hospitality Investments Gross Profit?

Langham Hospitality Investments and Langham Hospitality Investments's gross profit for the six months ended in Dec. 2023 was HK$268.7 Mil. Langham Hospitality Investments and Langham Hospitality Investments's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$494.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Langham Hospitality Investments and Langham Hospitality Investments's gross profit for the six months ended in Dec. 2023 was HK$268.7 Mil. Langham Hospitality Investments and Langham Hospitality Investments's Revenue for the six months ended in Dec. 2023 was HK$278.2 Mil. Therefore, Langham Hospitality Investments and Langham Hospitality Investments's Gross Margin % for the quarter that ended in Dec. 2023 was 96.58%.

Langham Hospitality Investments and Langham Hospitality Investments had a gross margin of 96.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Langham Hospitality Investments and Langham Hospitality Investments was 96.25%. The lowest was 82.58%. And the median was 91.71%.


Langham Hospitality Investments and Langham Hospitality Investments Gross Profit Historical Data

The historical data trend for Langham Hospitality Investments and Langham Hospitality Investments'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.

Langham Hospitality Investments and Langham Hospitality Investments Gross Profit Chart

Langham Hospitality Investments and Langham Hospitality Investments 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 448.30 179.89 203.62 313.75 494.67

Langham Hospitality Investments and Langham Hospitality Investments 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 111.14 171.92 141.83 225.95 268.71

Competitive Comparison of Langham Hospitality Investments and Langham Hospitality Investments's Gross Profit

For the Lodging subindustry, Langham Hospitality Investments and Langham Hospitality Investments'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.


Langham Hospitality Investments and Langham Hospitality Investments's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Langham Hospitality Investments and Langham Hospitality Investments's Gross Profit distribution charts can be found below:

* The bar in red indicates where Langham Hospitality Investments and Langham Hospitality Investments's Gross Profit falls into.



Langham Hospitality Investments and Langham Hospitality Investments Gross Profit Calculation

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

Langham Hospitality Investments and Langham Hospitality Investments'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
=513.965 - 19.298
=494.7

Langham Hospitality Investments and Langham Hospitality Investments's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=278.22 - 9.507
=268.7

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$494.7 Mil.

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

Langham Hospitality Investments and Langham Hospitality Investments'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
=268.7 / 278.22
=96.58 %

* 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.


Langham Hospitality Investments and Langham Hospitality Investments  (HKSE:01270) 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

Langham Hospitality Investments and Langham Hospitality Investments had a gross margin of 96.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Langham Hospitality Investments and Langham Hospitality Investments Gross Profit Related Terms

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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Business Description

Traded in Other Exchanges
N/A
Address
23 Harbour Road, Great Eagle Centre, Suite 2702, 27th Floor, Wanchai, Hong Kong, HKG
Langham Hospitality Investments and Langham Hospitality Investments Ltd is a holdings company involved in the lodging industry. The company operates through three business segments, Langham, Cordis, and Eaton. Langham invests in a portfolio of hotels with a focus on the Asian market. The business segments, Langham, Cordis, and Eaton are individual hotels based in Hong Kong. Langham is involved with the food, meeting, and conference space offerings at each of these hotels. The company generates all of its revenue in Hong Kong.
Executives
Great Eagle Holdings Limited 2201 Interest of corporation controlled by you
Lo Ka Shui 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee

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