Green Economy Development's gross profit for the
six
months ended in Sep. 2024 was HK$29 Mil. Green Economy Development's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was HK$96 Mil.
* 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.
Competitive Comparison of Green Economy Development's Gross Profit
For the Building Materials subindustry, Green Economy Development'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.
Green Economy Development's Gross Profit Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Green Economy Development's Gross Profit distribution charts can be found below:
* The bar in red indicates where Green Economy Development's Gross Profit falls into.
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$96 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Green Economy Development (HKSE:01315) 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
Green Economy Development had a gross margin of 2.02% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
Green Economy Development Gross Profit Related Terms
Thank you for viewing the detailed overview of Green Economy Development's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Green Economy Development Ltd, formerly Vision Fame International Holding Ltd. is principally engaged in the provision of building construction services, property maintenance services, alterations, renovation, upgrading fitting-out works services, and trading of materials. It operates through five business segments: Building construction; Alterations, renovation, upgrading and fitting-out works segment; Property maintenance segment; trading of materials segment and Transportation service . It derives maximum revenue from trading of materials segment. The geographic area of operation includes PRC and Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01315 has been successfully added to your 