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Zhaobangji Lifestyle Holdings (HKSE:01660) Gross Profit : HK$41.8 Mil (TTM As of Sep. 2024)


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What is Zhaobangji Lifestyle Holdings Gross Profit?

Zhaobangji Lifestyle Holdings's gross profit for the six months ended in Sep. 2024 was HK$27.8 Mil. Zhaobangji Lifestyle Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was HK$41.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zhaobangji Lifestyle Holdings's gross profit for the six months ended in Sep. 2024 was HK$27.8 Mil. Zhaobangji Lifestyle Holdings's Revenue for the six months ended in Sep. 2024 was HK$110.8 Mil. Therefore, Zhaobangji Lifestyle Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 25.13%.

Zhaobangji Lifestyle Holdings had a gross margin of 25.13% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Zhaobangji Lifestyle Holdings was 45.60%. The lowest was 12.68%. And the median was 34.49%.

Warning Sign:

Zhaobangji Lifestyle Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -19.6%.


Zhaobangji Lifestyle Holdings Gross Profit Historical Data

The historical data trend for Zhaobangji Lifestyle 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.

Zhaobangji Lifestyle Holdings Gross Profit Chart

Zhaobangji Lifestyle Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.47 109.50 104.12 32.75 41.31

Zhaobangji Lifestyle Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 17.18 15.57 27.35 13.96 27.85

Competitive Comparison of Zhaobangji Lifestyle Holdings's Gross Profit

For the Industrial Distribution subindustry, Zhaobangji Lifestyle 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.


Zhaobangji Lifestyle Holdings's Gross Profit Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Zhaobangji Lifestyle Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zhaobangji Lifestyle Holdings's Gross Profit falls into.


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Zhaobangji Lifestyle Holdings Gross Profit Calculation

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

Zhaobangji Lifestyle Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=267.691 - 226.378
=41.3

Zhaobangji Lifestyle Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=110.831 - 82.982
=27.8

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$41.8 Mil.

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

Zhaobangji Lifestyle Holdings's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=27.8 / 110.831
=25.13 %

* 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.


Zhaobangji Lifestyle Holdings  (HKSE:01660) 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

Zhaobangji Lifestyle Holdings had a gross margin of 25.13% for the quarter that ended in Sep. 2024 => Competition eroding margins


Zhaobangji Lifestyle Holdings Gross Profit Related Terms

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Zhaobangji Lifestyle Holdings Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 13-15, 11th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Zhaobangji Lifestyle Holdings Ltd is an investment holding company. Through its subsidiaries, the organization is engaged in providing construction machinery trading and leasing services. The operating segments of group are Trading; Leasing; Property management; Property leasing, subletting, retail and others; Money lending; and Transportation. It derives maximum revenue from the Leasing segment which involves the Leasing of machinery and provision of related services. Geographically, the company generates a majority of its revenue from Hong Kong.
Executives
Xu Chujia 2201 Interest of corporation controlled by you
Boardwin Resources Limited 2101 Beneficial owner
Zhang Meijuan 2202 Interest of your spouse

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