Swang Chai Chuan (HKSE:02321) Gross Profit : HK$179 Mil (TTM As of Jun. 2024)

Swang Chai Chuan Gross Profit Chart

Swang Chai Chuan Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Profit	Get a 7-Day Free Trial				101.58	96.54	99.01	86.88	92.05

Competitive Comparison of Swang Chai Chuan's Gross Profit

For the Grocery Stores subindustry, Swang Chai Chuan'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.

Swang Chai Chuan's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Swang Chai Chuan's Gross Profit distribution charts can be found below:

* The bar in red indicates where Swang Chai Chuan's Gross Profit falls into.

Swang Chai Chuan Gross Profit Calculation

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

Swang Chai Chuan's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Swang Chai Chuan's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$179 Mil.

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

Swang Chai Chuan's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

* 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.

Swang Chai Chuan  (HKSE:02321) 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

Swang Chai Chuan had a gross margin of 11.77% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

Swang Chai Chuan Gross Profit Related Terms

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Swang Chai Chuan Business Description