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Onewo (HKSE:02602) Gross Profit : HK$5,263 Mil (TTM As of Dec. 2023)


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What is Onewo Gross Profit?

Onewo's gross profit for the six months ended in Dec. 2023 was HK$2,625 Mil. Onewo's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,263 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Onewo's gross profit for the six months ended in Dec. 2023 was HK$2,625 Mil. Onewo's Revenue for the six months ended in Dec. 2023 was HK$18,773 Mil. Therefore, Onewo's Gross Margin % for the quarter that ended in Dec. 2023 was 13.98%.

Onewo had a gross margin of 13.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Onewo was 18.54%. The lowest was 14.05%. And the median was 16.96%.


Onewo Gross Profit Historical Data

The historical data trend for Onewo'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.

Onewo Gross Profit Chart

Onewo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
2,746.71 3,988.66 4,922.37 4,724.54 5,263.01

Onewo Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial - 2,493.55 2,349.02 2,638.23 2,624.78

Competitive Comparison of Onewo's Gross Profit

For the Real Estate Services subindustry, Onewo'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.


Onewo's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Onewo's Gross Profit distribution charts can be found below:

* The bar in red indicates where Onewo's Gross Profit falls into.



Onewo Gross Profit Calculation

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

Onewo'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
=36295.366 - 31032.357
=5,263

Onewo's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=18773.389 - 16148.61
=2,625

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$5,263 Mil.

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

Onewo'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
=2,625 / 18773.389
=13.98 %

* 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.


Onewo  (HKSE:02602) 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

Onewo had a gross margin of 13.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Onewo Gross Profit Related Terms

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Onewo (HKSE:02602) Business Description

Traded in Other Exchanges
N/A
Address
No. 63 Meilin Road, Meilin Vanke Center, Futian District, Shenzhen, CHN
Onewo Inc is a property management service provider in China. It offers comprehensive property and facility management services to various types of properties, including office spaces, commercial complex, industrial parks, and public premises.

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