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Xtep International Holdings (HKSE:01368) Gross Profit : HK$6,292 Mil (TTM As of Dec. 2024)


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What is Xtep International Holdings Gross Profit?

Xtep International Holdings's gross profit for the six months ended in Dec. 2024 was HK$2,724 Mil. Xtep International Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$6,292 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xtep International Holdings's gross profit for the six months ended in Dec. 2024 was HK$2,724 Mil. Xtep International Holdings's Revenue for the six months ended in Dec. 2024 was HK$6,805 Mil. Therefore, Xtep International Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 40.02%.

Xtep International Holdings had a gross margin of 40.02% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Xtep International Holdings was 44.31%. The lowest was 39.14%. And the median was 42.72%.


Xtep International Holdings Gross Profit Historical Data

The historical data trend for Xtep 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.

Xtep International Holdings Gross Profit Chart

Xtep International 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 3,791.52 5,115.72 5,909.33 5,831.15 6,262.33

Xtep International 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 3,243.93 3,059.46 2,771.69 3,567.99 2,723.74

Competitive Comparison of Xtep International Holdings's Gross Profit

For the Apparel Retail subindustry, Xtep 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.


Xtep International Holdings's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Xtep International Holdings's Gross Profit distribution charts can be found below:

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


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Xtep International Holdings Gross Profit Calculation

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

Xtep International 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
=14496.021 - 8233.693
=6,262

Xtep International 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
=6805.41 - 4081.671
=2,724

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$6,292 Mil.

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

Xtep International 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
=2,724 / 6805.41
=40.02 %

* 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.


Xtep International Holdings  (HKSE:01368) 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

Xtep International Holdings had a gross margin of 40.02% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Xtep International Holdings Gross Profit Related Terms

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Xtep International Holdings Business Description

Traded in Other Exchanges
Address
No. 89 Jiayi Road, Xiamen Xtep Tower, Guanyinshan Siming District, Fujian Province, Xiamen, CHN, 361008
Xtep International Holdings Ltd is principally engaged in the design, development, manufacturing, sales, marketing and brand management of sports products including footwear, apparel and accessories for adults and children. With its core Xtep brand, as well as Saucony and Merrell under its diversified brand portfolio, and professional sports segments through an extensive distribution network of more than 8,100 stores. It has two reportable operating segments from continuing operations as follows: (a) mass market segment, including signature brand, Xtep; and (b) professional sports segment, including signature brands, Saucony and Merrell.
Executives
Ding Wang Fortune Limited 2201 Interest of corporation controlled by you
Group Success Investments Limited 2101 Beneficial owner
Guan Hong Development Limited 2201 Interest of corporation controlled by you
Ming Zhong Family Limited 2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Wan Xing International Holdings Limited 2201 Interest of corporation controlled by you
Ding Shui Po 2101 Beneficial owner
Ding Meiqing 2101 Beneficial owner
Ding Mingzhong 2101 Beneficial owner
Gsum Iv Holdings Limited 2101 Beneficial owner
Hillhouse Focused Growth Fund V, L.p. 2201 Interest of corporation controlled by you
Hillhouse Investment Management, Ltd. 2102 Investment manager

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