GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Leader Education Ltd (HKSE:01449) » Definitions » Gross Profit

Leader Education (HKSE:01449) Gross Profit : HK$104.9 Mil (TTM As of Feb. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Leader Education Gross Profit?

Leader Education's gross profit for the six months ended in Feb. 2024 was HK$70.6 Mil. Leader Education's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was HK$104.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Leader Education's gross profit for the six months ended in Feb. 2024 was HK$70.6 Mil. Leader Education's Revenue for the six months ended in Feb. 2024 was HK$185.7 Mil. Therefore, Leader Education's Gross Margin % for the quarter that ended in Feb. 2024 was 38.00%.

Leader Education had a gross margin of 38.00% for the quarter that ended in Feb. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Leader Education was 57.31%. The lowest was 32.88%. And the median was 51.38%.

Warning Sign:

Leader Education Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.9%.


Leader Education Gross Profit Historical Data

The historical data trend for Leader Education'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.

Leader Education Gross Profit Chart

Leader Education Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
Get a 7-Day Free Trial 87.94 95.15 118.93 116.64 113.76

Leader Education Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.82 56.76 84.36 34.39 70.55

Competitive Comparison of Leader Education's Gross Profit

For the Education & Training Services subindustry, Leader Education'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.


Leader Education's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Leader Education's Gross Profit distribution charts can be found below:

* The bar in red indicates where Leader Education's Gross Profit falls into.



Leader Education Gross Profit Calculation

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

Leader Education's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=297.743 - 183.988
=113.8

Leader Education's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=185.679 - 115.129
=70.6

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$104.9 Mil.

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

Leader Education's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=70.6 / 185.679
=38.00 %

* 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.


Leader Education  (HKSE:01449) 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

Leader Education had a gross margin of 38.00% for the quarter that ended in Feb. 2024 => Competition eroding margins


Leader Education Gross Profit Related Terms

Thank you for viewing the detailed overview of Leader Education's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Leader Education (HKSE:01449) Business Description

Traded in Other Exchanges
N/A
Address
Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025
Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shuren Education Limited 2101 Beneficial owner
Dong Ling 2201 Interest of corporation controlled by you
Liu Laixiang 2202 Interest of your spouse
Junhua Education Limited 2101 Beneficial owner

Leader Education (HKSE:01449) Headlines

No Headlines