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Lushang Life Services Co (HKSE:02376) Gross Profit : HK$453.7 Mil (TTM As of Jun. 2024)


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What is Lushang Life Services Co Gross Profit?

Lushang Life Services Co's gross profit for the six months ended in Jun. 2024 was HK$65.1 Mil. Lushang Life Services Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$453.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lushang Life Services Co's gross profit for the six months ended in Jun. 2024 was HK$65.1 Mil. Lushang Life Services Co's Revenue for the six months ended in Jun. 2024 was HK$332.2 Mil. Therefore, Lushang Life Services Co's Gross Margin % for the quarter that ended in Jun. 2024 was 19.59%.

Lushang Life Services Co had a gross margin of 19.59% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Lushang Life Services Co was 46.19%. The lowest was 17.44%. And the median was 19.76%.


Lushang Life Services Co Gross Profit Historical Data

The historical data trend for Lushang Life Services 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.

Lushang Life Services Co Gross Profit Chart

Lushang Life Services Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 94.39 181.04 166.68 127.89 123.78

Lushang Life Services Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 338.78 -600.97 728.86 65.08 388.67

Competitive Comparison of Lushang Life Services Co's Gross Profit

For the Real Estate Services subindustry, Lushang Life Services 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.


Lushang Life Services Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lushang Life Services Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lushang Life Services Co's Gross Profit falls into.


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Lushang Life Services Co Gross Profit Calculation

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

Lushang Life Services Co'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
=679.261 - 551.367
=127.9

Lushang Life Services Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=332.166 - 267.084
=65.1

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$453.7 Mil.

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

Lushang Life Services Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=65.1 / 332.166
=19.59 %

* 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.


Lushang Life Services Co  (HKSE:02376) 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

Lushang Life Services Co had a gross margin of 19.59% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Lushang Life Services Co Gross Profit Related Terms

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Lushang Life Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9777 Jingshi Road, Room 202, Block 2, Lushang Guo’ao City, Lixia District, Shandong Province, Jinan, CHN
Lushang Life Services Co Ltd is principally engaged in the provision of property management services, community value-added services, and value-added services to non-property owners. It manages a diverse portfolio of properties, including residential properties; commercial properties such as commercial complexes, office buildings, and apartments; and other types of properties including municipal facilities such as city roads, schools, theme towns, hospitals, banks, industrial parks, and airline base property. It derives the majority of from property management services that comprise comprising cleaning, security, greening, repair and maintenance, public area maintenance, and other property management-related services.
Executives
Bei Jing Cheng Jian Fang Di Chan Kai Fa You Xian Gong Si
Bei Jing Cheng Jian Ji Tuan You Xian Ze Ren Gong Si
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Abc International Holdings Limited 2201 Interest of corporation controlled by you
Abci Securities Company Limited 2105 Underwriter
Agricultural Bank Of China Limited 2201 Interest of corporation controlled by you
China International Economic Trading Limited
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd 2301 Trustee
Abci Capital Limited 2501 Other
Lu Dunke 2201 Interest of corporation controlled by you
Fan Qinyuan 2201 Interest of corporation controlled by you
Wen Shang Xian Ke Jin Jian An Lao Wu You Xian Ze Ren Gong Si 2101 Beneficial owner
Nan Tong Chen Yun Jian Zhu Lao Wu You Xian Gong Si 2101 Beneficial owner
Shan Dong Tian Qi Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner

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