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CSMall Group (HKSE:01815) Gross Profit : HK$40.9 Mil (TTM As of Dec. 2023)


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What is CSMall Group Gross Profit?

CSMall Group's gross profit for the six months ended in Dec. 2023 was HK$26.5 Mil. CSMall Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$40.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CSMall Group's gross profit for the six months ended in Dec. 2023 was HK$26.5 Mil. CSMall Group's Revenue for the six months ended in Dec. 2023 was HK$306.9 Mil. Therefore, CSMall Group's Gross Margin % for the quarter that ended in Dec. 2023 was 8.63%.

CSMall Group had a gross margin of 8.63% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of CSMall Group was 25.38%. The lowest was 2.93%. And the median was 12.27%.

Warning Sign:

CSMall Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -21.3%.


CSMall Group Gross Profit Historical Data

The historical data trend for CSMall 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.

CSMall Group Gross Profit Chart

CSMall Group 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 244.44 104.65 77.27 58.50 40.94

CSMall Group Semi-Annual Data
Dec14 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 Premium Member Only 25.80 29.30 30.58 14.44 26.50

Competitive Comparison of CSMall Group's Gross Profit

For the Luxury Goods subindustry, CSMall 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.


CSMall Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSMall Group's Gross Profit distribution charts can be found below:

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



CSMall Group Gross Profit Calculation

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

CSMall 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
=547.471 - 506.531
=40.9

CSMall 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
=306.87 - 280.373
=26.5

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$40.9 Mil.

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

CSMall 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
=26.5 / 306.87
=8.63 %

* 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.


CSMall Group  (HKSE:01815) 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

CSMall Group had a gross margin of 8.63% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


CSMall Group Gross Profit Related Terms

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CSMall Group (HKSE:01815) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Beili North Road, 29th Floor Shuibei International, Guangdong Province, Luohu District, Shenzhen, CHN, 518000
CSMall Group Ltd is an investment holding company that operates in the online Jewellery market. The company, along with its subsidiaries, is engaged in the business of design and sale of gold, silver, and other jewelry products. It derives revenue from different sources including Online Sales Channels and Offline Sales and Service networks. The key revenue is derived from Online Sales Channels which comprises a Self-operated online platform and Third-party online sales channels. It has two segments New Jewellery Retail segment and the Fresh Food Retail segment. Its geographical segments are PRC and Hong Kong, of which nearly all of its is generated from the PRC.
Executives
Xue Meiqi 2101 Beneficial owner
Lin Ting 2101 Beneficial owner
China Silver Group Limited 2101 Beneficial owner
Yao Runxiong 2101 Beneficial owner

CSMall Group (HKSE:01815) Headlines

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