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GL-Carlink Technology Holding (HKSE:02531) Gross Profit : HK$275.4 Mil (TTM As of Dec. 2023)


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What is GL-Carlink Technology Holding Gross Profit?

GL-Carlink Technology Holding's gross profit for the six months ended in Dec. 2023 was HK$275.4 Mil. GL-Carlink Technology Holding's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$275.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. GL-Carlink Technology Holding's gross profit for the six months ended in Dec. 2023 was HK$275.4 Mil. GL-Carlink Technology Holding's Revenue for the six months ended in Dec. 2023 was HK$613.1 Mil. Therefore, GL-Carlink Technology Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 44.91%.

GL-Carlink Technology Holding had a gross margin of 44.91% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of GL-Carlink Technology Holding was 44.92%. The lowest was 28.97%. And the median was 41.85%.


GL-Carlink Technology Holding Gross Profit Historical Data

The historical data trend for GL-Carlink Technology Holding'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.

GL-Carlink Technology Holding Gross Profit Chart

GL-Carlink Technology Holding Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
115.93 193.40 275.39

GL-Carlink Technology Holding Semi-Annual Data
Dec21 Dec22 Dec23
Gross Profit 115.93 193.40 275.39

Competitive Comparison of GL-Carlink Technology Holding's Gross Profit

For the Auto Parts subindustry, GL-Carlink Technology Holding'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.


GL-Carlink Technology Holding's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GL-Carlink Technology Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where GL-Carlink Technology Holding's Gross Profit falls into.



GL-Carlink Technology Holding Gross Profit Calculation

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

GL-Carlink Technology Holding'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
=613.139 - 337.75
=275.4

GL-Carlink Technology Holding's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=613.139 - 337.75
=275.4

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$275.4 Mil.

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

GL-Carlink Technology Holding's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=275.4 / 613.139
=44.91 %

* 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.


GL-Carlink Technology Holding  (HKSE:02531) 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

GL-Carlink Technology Holding had a gross margin of 44.91% for the quarter that ended in Dec. 2023 => Durable competitive advantage


GL-Carlink Technology Holding Gross Profit Related Terms

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GL-Carlink Technology Holding Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, 14th Floor, Building 1, Chongwen Garden, Nanshan IPark, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
GL-Carlink Technology Holding Ltd is an in-vehicle hardware and SaaS marketing and management service provider for automotive aftermarket industry in China. It has a focus on (i) sales of in-vehicle hardware products; and (ii) provision of SaaS marketing and management services, covering SaaS subscription services and SaaS value-added services. Key revenue is generated from sales of in-vehicle hardware products.

GL-Carlink Technology Holding Headlines

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