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Kaisa Group Holdings (HKSE:01638) Gross Profit : HK$1,858 Mil (TTM As of Dec. 2023)


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What is Kaisa Group Holdings Gross Profit?

Kaisa Group Holdings's gross profit for the six months ended in Dec. 2023 was HK$-1,394 Mil. Kaisa Group Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,858 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kaisa Group Holdings's gross profit for the six months ended in Dec. 2023 was HK$-1,394 Mil. Kaisa Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$13,775 Mil. Therefore, Kaisa Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was -10.12%.

Kaisa Group Holdings had a gross margin of -10.12% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kaisa Group Holdings was 28.80%. The lowest was 3.14%. And the median was 14.01%.

Warning Sign:

Kaisa Group Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -26%.


Kaisa Group Holdings Gross Profit Historical Data

The historical data trend for Kaisa Group 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.

Kaisa Group Holdings Gross Profit Chart

Kaisa Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,389.41 18,857.23 5,667.16 3,788.39 1,857.79

Kaisa Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,693.44 2,708.72 1,207.89 3,251.70 -1,393.91

Competitive Comparison of Kaisa Group Holdings's Gross Profit

For the Real Estate - Development subindustry, Kaisa Group 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.


Kaisa Group Holdings's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Group Holdings's Gross Profit distribution charts can be found below:

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



Kaisa Group Holdings Gross Profit Calculation

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

Kaisa Group Holdings'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
=28611.907 - 26754.121
=1,858

Kaisa Group Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=13775.236 - 15169.141
=-1,394

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$1,858 Mil.

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

Kaisa Group Holdings'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
=-1,394 / 13775.236
=-10.12 %

* 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.


Kaisa Group Holdings  (HKSE:01638) 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

Kaisa Group Holdings had a gross margin of -10.12% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Kaisa Group Holdings Gross Profit Related Terms

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Kaisa Group Holdings (HKSE:01638) Business Description

Traded in Other Exchanges
Address
Ren Min South Road, Room 3306, Kerry Center, Luohu District, Shenzhen, Guangdong, CHN
Kaisa Group Holdings Ltd is an integrated property developer focusing on urban property development. Its portfolios include residential properties, villas, offices, serviced apartments, combined commercial buildings, and mega-urban complexes. It operates its business in eight segments: Property development; Property investment; Property management; Hotel and catering operations; Cinema, department store, and cultural center operations; Water-way passenger and cargo transportation; Health care operations, and others. The majority of the revenue was earned from the Property development segment.
Executives
Bank Of East Asia (trustees) Limited 2101 Beneficial owner
Kwok Ying Shing 2101 Beneficial owner
Da Feng Tou Zi You Xian Gong Si 2101 Beneficial owner
Chan Nog 2101 Beneficial owner
Da Chang Tou Zi You Xian Gong Si 2101 Beneficial owner
Funde Sino Life Insurance Co.,ltd. 2101 Beneficial owner
Kwok Ying Chi
Da Zheng Tou Zi You Xian Gong Si

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