Huayu Expressway Group's gross profit for the
six
months ended in Dec. 2023 was HK$30.9 Mil. Huayu Expressway Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$125.8 Mil.
* 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.
Competitive Comparison of Huayu Expressway Group's Gross Profit
For the Infrastructure Operations subindustry, Huayu Expressway 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.
Huayu Expressway Group's Gross Profit Distribution in the Construction Industry
For the Construction industry and Industrials sector, Huayu Expressway Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where Huayu Expressway Group's Gross Profit falls into.
Huayu Expressway Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Huayu Expressway Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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$125.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Huayu Expressway Group (HKSE:01823) 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
Huayu Expressway Group had a gross margin of 21.66% for the quarter that ended in Dec. 2023 => Competition eroding margins
Huayu Expressway Group Gross Profit Related Terms
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Huayu Expressway Group (HKSE:01823) Business Description
Huayu Expressway Group Ltd is an Investment holding firm. The company with its subsidiaries is engaged in the development of infrastructure mainly in China. Its primary business is to invest, build, operate, and manage infrastructure projects. It has three reportable segments: Qing Ping Expressway, construction, operation, and management of the Qing Ping Expressway, and; Liquor and spirits, the main distribution of Huamaojiu and Xijiushaofang, and the majority of the revenue comes from the Liquor and spirits.
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