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Left Field Printing Group (HKSE:01540) Gross Profit : HK$113.6 Mil (TTM As of Dec. 2023)


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What is Left Field Printing Group Gross Profit?

Left Field Printing Group's gross profit for the six months ended in Dec. 2023 was HK$67.7 Mil. Left Field Printing Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$113.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Left Field Printing Group's gross profit for the six months ended in Dec. 2023 was HK$67.7 Mil. Left Field Printing Group's Revenue for the six months ended in Dec. 2023 was HK$294.3 Mil. Therefore, Left Field Printing Group's Gross Margin % for the quarter that ended in Dec. 2023 was 23.01%.

Left Field Printing Group had a gross margin of 23.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Left Field Printing Group was 25.24%. The lowest was 14.71%. And the median was 22.53%.

Warning Sign:

Left Field Printing Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Left Field Printing Group Gross Profit Historical Data

The historical data trend for Left Field Printing Group'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.

Left Field Printing Group Gross Profit Chart

Left Field Printing Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 93.80 48.55 77.52 93.77 113.62

Left Field Printing Group Semi-Annual Data
Dec15 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 36.35 44.46 49.31 45.91 67.71

Competitive Comparison of Left Field Printing Group's Gross Profit

For the Specialty Business Services subindustry, Left Field Printing Group'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.


Left Field Printing Group's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Left Field Printing Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Left Field Printing Group's Gross Profit falls into.



Left Field Printing Group Gross Profit Calculation

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

Left Field Printing Group'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
=558.038 - 444.423
=113.6

Left Field Printing Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=294.269 - 226.563
=67.7

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$113.6 Mil.

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

Left Field Printing Group'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
=67.7 / 294.269
=23.01 %

* 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.


Left Field Printing Group  (HKSE:01540) 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

Left Field Printing Group had a gross margin of 23.01% for the quarter that ended in Dec. 2023 => Competition eroding margins


Left Field Printing Group Gross Profit Related Terms

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Left Field Printing Group (HKSE:01540) Business Description

Traded in Other Exchanges
N/A
Address
123 Hoi Bun Road, Level 11 East Wing, NEO, Kwun Tong, Kowloon, Hong Kong, HKG
Left Field Printing Group Ltd is a printing solutions and services provider. Its printing process and services cover printing solution consultation, production planning and scheduling, pre-press, offset printing, digital printing, post-press, quality check, packaging, and delivery. Printed products offered by the company include read-for-pleasure books; government printed matters; quick turnaround time education books; catalogs, operating manuals, and promotional leaflets. It also provides printing related services, such as warehousing and direct mailing, call center services, and ancillary services. Geographically the company provides services in Australia.
Executives
Lau Chuk Kin 2101 Beneficial owner
Er2 Holdings Limited 2201 Interest of corporation controlled by you
City Apex Ltd. 2201 Interest of corporation controlled by you
1010 Group Limited 2201 Interest of corporation controlled by you
Bookbuilders Bvi Limited 2101 Beneficial owner
Lion Rock Group Limited 2201 Interest of corporation controlled by you
Webb David Michael 2201 Interest of corporation controlled by you
Celarc Richard Francis 2501 Other

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