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Sansheng Holdings (Group) Co (HKSE:02183) Gross Profit : HK$2,613 Mil (TTM As of Dec. 2021)


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What is Sansheng Holdings (Group) Co Gross Profit?

Sansheng Holdings (Group) Co's gross profit for the six months ended in Dec. 2021 was HK$1,277 Mil. Sansheng Holdings (Group) Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2021 was HK$2,613 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sansheng Holdings (Group) Co's gross profit for the six months ended in Dec. 2021 was HK$1,277 Mil. Sansheng Holdings (Group) Co's Revenue for the six months ended in Dec. 2021 was HK$5,847 Mil. Therefore, Sansheng Holdings (Group) Co's Gross Margin % for the quarter that ended in Dec. 2021 was 21.84%.

Sansheng Holdings (Group) Co had a gross margin of 21.84% for the quarter that ended in Dec. 2021 => Competition eroding margins


Sansheng Holdings (Group) Co Gross Profit Historical Data

The historical data trend for Sansheng Holdings (Group) Co'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.

Sansheng Holdings (Group) Co Gross Profit Chart

Sansheng Holdings (Group) Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 432.94 983.00 2,961.09 2,631.54

Sansheng Holdings (Group) Co Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 938.59 755.46 2,142.79 1,336.47 1,276.90

Competitive Comparison of Sansheng Holdings (Group) Co's Gross Profit

For the Real Estate - Development subindustry, Sansheng Holdings (Group) Co'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.


Sansheng Holdings (Group) Co's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Sansheng Holdings (Group) Co's Gross Profit falls into.



Sansheng Holdings (Group) Co Gross Profit Calculation

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

Sansheng Holdings (Group) Co's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=12130.169 - 9498.632
=2,632

Sansheng Holdings (Group) Co's Gross Profit for the quarter that ended in Dec. 2021 is calculated as

Gross Profit (Q: Dec. 2021 )=Revenue - Cost of Goods Sold
=5846.502 - 4569.598
=1,277

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$2,613 Mil.

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

Sansheng Holdings (Group) Co's Gross Margin % for the quarter that ended in Dec. 2021 is calculated as

Gross Margin % (Q: Dec. 2021 )=Gross Profit (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,277 / 5846.502
=21.84 %

* 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.


Sansheng Holdings (Group) Co  (HKSE:02183) 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

Sansheng Holdings (Group) Co had a gross margin of 21.84% for the quarter that ended in Dec. 2021 => Competition eroding margins


Sansheng Holdings (Group) Co Gross Profit Related Terms

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Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Traded in Other Exchanges
N/A
Address
The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.
Executives
Mega Regal Limited 2101 Beneficial owner
Cheng Xuan 2202 Interest of your spouse
Lin Rongbin 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Springboard Holdings Limited 2101 Beneficial owner
Lau Luen Hung, Thomas 2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si 2106 Person having a security interest in shares
Modern Times Development Limited 2201 Interest of corporation controlled by you

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