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Win Hanverky Holdings (HKSE:03322) Gross Profit : HK$775 Mil (TTM As of Jun. 2024)


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What is Win Hanverky Holdings Gross Profit?

Win Hanverky Holdings's gross profit for the six months ended in Jun. 2024 was HK$326 Mil. Win Hanverky Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$775 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Win Hanverky Holdings's gross profit for the six months ended in Jun. 2024 was HK$326 Mil. Win Hanverky Holdings's Revenue for the six months ended in Jun. 2024 was HK$1,757 Mil. Therefore, Win Hanverky Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 18.55%.

Win Hanverky Holdings had a gross margin of 18.55% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Win Hanverky Holdings was 30.20%. The lowest was 16.40%. And the median was 27.75%.

Warning Sign:

Win Hanverky Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -10%.


Win Hanverky Holdings Gross Profit Historical Data

The historical data trend for Win Hanverky 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.

Win Hanverky Holdings Gross Profit Chart

Win Hanverky Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 964.90 998.99 822.45 504.14 774.63

Win Hanverky Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 295.80 242.24 261.90 325.85 448.78

Competitive Comparison of Win Hanverky Holdings's Gross Profit

For the Apparel Manufacturing subindustry, Win Hanverky 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.


Win Hanverky Holdings's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Win Hanverky Holdings's Gross Profit falls into.


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Win Hanverky Holdings Gross Profit Calculation

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

Win Hanverky 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
=3073.686 - 2569.55
=504

Win Hanverky 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
=1756.51 - 1430.656
=326

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$775 Mil.

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

Win Hanverky 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
=326 / 1756.51
=18.55 %

* 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.


Win Hanverky Holdings  (HKSE:03322) 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

Win Hanverky Holdings had a gross margin of 18.55% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Win Hanverky Holdings Gross Profit Related Terms

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Win Hanverky Holdings Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG
Win Hanverky Holdings Ltd is principally engaged in the manufacturing, retailing, and sales of internationally renowned sports, fashion, and outdoor brands. The company operates in the segments of Manufacturing and High-end Fashion Retailing. A majority of revenue is derived from the Manufacturing segment which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
Executives
Jpmorgan Chase & Co. 2106 Person having a security interest in shares

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