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Plus Group Holdings (HKSE:02486) Gross Profit : HK$133 Mil (TTM As of Jun. 2024)


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What is Plus Group Holdings Gross Profit?

Plus Group Holdings's gross profit for the six months ended in Jun. 2024 was HK$53 Mil. Plus Group Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$133 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Plus Group Holdings's gross profit for the six months ended in Jun. 2024 was HK$53 Mil. Plus Group Holdings's Revenue for the six months ended in Jun. 2024 was HK$369 Mil. Therefore, Plus Group Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 14.26%.

Plus Group Holdings had a gross margin of 14.26% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Plus Group Holdings was 40.90%. The lowest was 11.89%. And the median was 33.87%.


Plus Group Holdings Gross Profit Historical Data

The historical data trend for Plus Group Holdings'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.

Plus Group Holdings Gross Profit Chart

Plus Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
194.37 208.46 193.83 103.76 132.79

Plus Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial 93.29 85.30 18.46 52.60 80.63

Competitive Comparison of Plus Group Holdings's Gross Profit

For the Advertising Agencies subindustry, Plus Group Holdings'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.


Plus Group Holdings's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Plus Group Holdings's Gross Profit distribution charts can be found below:

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


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Plus Group Holdings Gross Profit Calculation

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

Plus Group Holdings'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
=794.027 - 690.269
=104

Plus Group Holdings's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=368.821 - 316.225
=53

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$133 Mil.

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

Plus Group Holdings'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
=53 / 368.821
=14.26 %

* 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.


Plus Group Holdings  (HKSE:02486) 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

Plus Group Holdings had a gross margin of 14.26% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Plus Group Holdings Gross Profit Related Terms

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Plus Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN
Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on FMCG brand owners. Its services focus at digitalizing and systemizing offline commerce. The company offers four types of services, including Customised marketing solution, Tasks and marketers matching service, Marketers assignment service, and SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the Customised marketing solution. The Customised marketing solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.
Executives
Kuwei Holdings Limited 2101 Beneficial owner
Xia Jingtang 2201 Interest of corporation controlled by you
Yan Xiaohang 2202 Interest of your spouse
Sun Guangjun 2201 Interest of corporation controlled by you
Tan Hui 2202 Interest of your spouse
Trident Trust Company (hk) Limited 2301 Trustee
Guangjun Holdings Limited 2101 Beneficial owner
Summit Plus International Holding Limited 2201 Interest of corporation controlled by you
Guangjun Sun Holdings Limited 2101 Beneficial owner
Junshu Holdings Limited 2201 Interest of corporation controlled by you
Cmb Wing Lung (trustee) Limited 2301 Trustee
Plus Group 2023 Limited 2101 Beneficial owner
Hannah Xia Holdings Limited 2101 Beneficial owner
Jonson Xia Smile Family Holdings Limited 2201 Interest of corporation controlled by you

Plus Group Holdings Headlines

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