GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Shineroad International Holdings Ltd (HKSE:01587) » Definitions » Gross Profit

Shineroad International Holdings (HKSE:01587) Gross Profit : HK$134.6 Mil (TTM As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Shineroad International Holdings Gross Profit?

Shineroad International Holdings's gross profit for the six months ended in Dec. 2024 was HK$73.1 Mil. Shineroad International Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$134.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shineroad International Holdings's gross profit for the six months ended in Dec. 2024 was HK$73.1 Mil. Shineroad International Holdings's Revenue for the six months ended in Dec. 2024 was HK$387.6 Mil. Therefore, Shineroad International Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 18.85%.

Shineroad International Holdings had a gross margin of 18.85% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Shineroad International Holdings was 18.99%. The lowest was 15.28%. And the median was 16.69%.


Shineroad International Holdings Gross Profit Historical Data

The historical data trend for Shineroad 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.

Shineroad International Holdings Gross Profit Chart

Shineroad 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 127.46 184.46 135.31 125.20 134.12

Shineroad International Holdings Semi-Annual Data
Dec15 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 67.31 55.99 69.21 61.55 73.08

Competitive Comparison of Shineroad International Holdings's Gross Profit

For the Food Distribution subindustry, Shineroad 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.


Shineroad International Holdings's Gross Profit Distribution in the Retail - Defensive Industry

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

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


;
;

Shineroad International Holdings Gross Profit Calculation

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

Shineroad 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
=706.42 - 572.3
=134.1

Shineroad 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
=387.612 - 314.53
=73.1

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$134.6 Mil.

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

Shineroad 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
=73.1 / 387.612
=18.85 %

* 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.


Shineroad International Holdings  (HKSE:01587) 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

Shineroad International Holdings had a gross margin of 18.85% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Shineroad International Holdings Gross Profit Related Terms

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


Shineroad International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Lane 1040, Caoyang Road, Zhongyou Building, 25th Floor South, Block 1, Putuo District, Shanghai, CHN
Shineroad International Holdings Ltd is a distributor in the food ingredients and additives distribution industry with the capabilities to provide food ingredients application solutions to its customers. The company supplies its extensive portfolio of various food ingredients and food additives to food manufacturers in the PRC, Vietnam, and Thailand. It has one reportable segment which is the distribution of food ingredients and food additives. Its products are classified into food ingredients, food additives, and packaging materials. The Company derives its revenue mainly from the distribution of food ingredients and food additives in the PRC.
Executives
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Chen Dongying 2202 Interest of your spouse
Huang Haixiao 2201 Interest of corporation controlled by you
Ocean Town Company Limited 2201 Interest of corporation controlled by you
Shineroad Group Limited 2101 Beneficial owner

Shineroad International Holdings Headlines

No Headlines