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Sheen Tai Holdings Group Co (HKSE:01335) Gross Profit : HK$31.62 Mil (TTM As of Jun. 2024)


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What is Sheen Tai Holdings Group Co Gross Profit?

Sheen Tai Holdings Group Co's gross profit for the six months ended in Jun. 2024 was HK$17.19 Mil. Sheen Tai Holdings Group Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$31.62 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sheen Tai Holdings Group Co's gross profit for the six months ended in Jun. 2024 was HK$17.19 Mil. Sheen Tai Holdings Group Co's Revenue for the six months ended in Jun. 2024 was HK$106.38 Mil. Therefore, Sheen Tai Holdings Group Co's Gross Margin % for the quarter that ended in Jun. 2024 was 16.16%.

Sheen Tai Holdings Group Co had a gross margin of 16.16% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 14 years, the highest Gross Margin % of Sheen Tai Holdings Group Co was 62.16%. The lowest was 8.89%. And the median was 32.10%.

Warning Sign:

Sheen Tai Holdings Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -23.4%.


Sheen Tai Holdings Group Co Gross Profit Historical Data

The historical data trend for Sheen Tai Holdings Group Co'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.

Sheen Tai Holdings Group Co Gross Profit Chart

Sheen Tai Holdings Group Co 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 43.37 36.44 38.54 37.69 31.62

Sheen Tai Holdings Group Co 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 17.04 18.24 19.45 17.19 14.43

Competitive Comparison of Sheen Tai Holdings Group Co's Gross Profit

For the Utilities - Renewable subindustry, Sheen Tai Holdings Group Co'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.


Sheen Tai Holdings Group Co's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sheen Tai Holdings Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sheen Tai Holdings Group Co's Gross Profit falls into.


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Sheen Tai Holdings Group Co Gross Profit Calculation

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

Sheen Tai Holdings Group Co'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
=423.708 - 386.02
=37.69

Sheen Tai Holdings Group Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=106.377 - 89.185
=17.19

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$31.62 Mil.

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

Sheen Tai Holdings Group Co'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
=17.19 / 106.377
=16.16 %

* 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.


Sheen Tai Holdings Group Co  (HKSE:01335) 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

Sheen Tai Holdings Group Co had a gross margin of 16.16% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Sheen Tai Holdings Group Co Gross Profit Related Terms

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Sheen Tai Holdings Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Fenwick Street, Unit 1903, 19th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG
Sheen Tai Holdings Group Co Ltd is an investment holding company. The company operates through four segments namely Sales of sub-processing cigarette films segment engages in trading of sub-processing cigarette films; the Properties development and related services segment engages in the development and sales of properties and providing property management services; the Generation of photovoltaic power segment engages in generating and sales of electricity; and Sales of semi-conductors engages in trading of semi-conductors. The company derives a majority of its revenue from the sales of the semiconductor segment. The company generates maximum revenue from Hong Kong.
Executives
Sheen Tai Group Holding Limited 2101 Beneficial owner
Guo Yumin 2201 Interest of corporation controlled by you
Xia Yu 2202 Interest of your spouse
Dai Jizhou 2201 Interest of corporation controlled by you
Polly Power Group Limited 2101 Beneficial owner
Bai Chaoshun 2201 Interest of corporation controlled by you
Feng Yi Capital Limited 2201 Interest of corporation controlled by you

Sheen Tai Holdings Group Co Headlines

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