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Perfect Group International Holdings (HKSE:03326) Gross Profit : HK$82.5 Mil (TTM As of Jun. 2024)


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What is Perfect Group International Holdings Gross Profit?

Perfect Group International Holdings's gross profit for the six months ended in Jun. 2024 was HK$42.5 Mil. Perfect Group International Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$82.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perfect Group International Holdings's gross profit for the six months ended in Jun. 2024 was HK$42.5 Mil. Perfect Group International Holdings's Revenue for the six months ended in Jun. 2024 was HK$154.7 Mil. Therefore, Perfect Group International Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 27.47%.

Perfect Group International Holdings had a gross margin of 27.47% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Perfect Group International Holdings was 42.32%. The lowest was 25.03%. And the median was 29.99%.

Warning Sign:

Perfect Group International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


Perfect Group International Holdings Gross Profit Historical Data

The historical data trend for Perfect Group International 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.

Perfect Group International Holdings Gross Profit Chart

Perfect Group International 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 157.42 101.84 114.67 102.20 82.54

Perfect Group International 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 46.64 57.67 44.54 42.50 40.04

Competitive Comparison of Perfect Group International Holdings's Gross Profit

For the Luxury Goods subindustry, Perfect Group International 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.


Perfect Group International Holdings's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Perfect Group International Holdings's Gross Profit distribution charts can be found below:

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


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Perfect Group International Holdings Gross Profit Calculation

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

Perfect Group International 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
=348.711 - 246.507
=102.2

Perfect Group International 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
=154.735 - 112.232
=42.5

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$82.5 Mil.

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

Perfect Group International 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
=42.5 / 154.735
=27.47 %

* 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.


Perfect Group International Holdings  (HKSE:03326) 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

Perfect Group International Holdings had a gross margin of 27.47% for the quarter that ended in Jun. 2024 => Competition eroding margins


Perfect Group International Holdings Gross Profit Related Terms

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Perfect Group International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Sheung Yuet Road, 26th Floor, YHC Tower, Kowloon Bay, Hong Kong, HKG
Perfect Group International Holdings Ltd is engaged in the design, manufacture, and sales of jewelry products mounted with diamonds. The company has two reportable segments namely Manufacturing and sales of jewellery products, Property business, and Photovoltaic power generation business. Geographically, it generates the majority of its revenue from Hong Kong and has an operation in the PRC and Dubai. It offers products such as rings, earrings, pendants, bangles, necklaces, bracelets, and others.
Executives
Kan Kin Kwong 2101 Beneficial owner
Shek Mei Chun 2202 Interest of your spouse
Chow Chin Yui Angela 2101 Beneficial owner
Classic Sapphire Holdings Limited 2101 Beneficial owner
Richemont Asset Management Limited

Perfect Group International Holdings Headlines

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