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Keep (HKSE:03650) Gross Profit : HK$1,035 Mil (TTM As of Jun. 2024)


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What is Keep Gross Profit?

Keep's gross profit for the six months ended in Jun. 2024 was HK$514 Mil. Keep's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$1,035 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Keep's gross profit for the six months ended in Jun. 2024 was HK$514 Mil. Keep's Revenue for the six months ended in Jun. 2024 was HK$1,117 Mil. Therefore, Keep's Gross Margin % for the quarter that ended in Jun. 2024 was 46.01%.

Keep had a gross margin of 46.01% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Keep was 46.73%. The lowest was 40.71%. And the median was 41.78%.


Keep Gross Profit Historical Data

The historical data trend for Keep'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.

Keep Gross Profit Chart

Keep Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 592.04 828.51 1,005.47 1,051.83 1,030.77

Keep Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only 543.77 463.40 588.42 513.86 521.14

Competitive Comparison of Keep's Gross Profit

For the Software - Application subindustry, Keep'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.


Keep's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Keep's Gross Profit distribution charts can be found below:

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


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Keep Gross Profit Calculation

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

Keep'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
=2338.318 - 1286.492
=1,052

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1116.745 - 602.887
=514

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$1,035 Mil.

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

Keep'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
=514 / 1116.745
=46.01 %

* 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.


Keep  (HKSE:03650) 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

Keep had a gross margin of 46.01% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Keep Gross Profit Related Terms

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Keep Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Wangjing Street, Building D, Vanke Time Square, Chaoyang, Beijing, CHN
Keep Inc is a growing and result-oriented platform that provides users with a comprehensive fitness solution to help them achieve their fitness goals. It offers extensive and professional fitness content with AI-assisted personalized curriculums, encompassing interactive live-streaming classes and recorded fitness courses, that dynamically adjust course content and workout intensity based on users' athletic levels, fitness goals, daily workout patterns and diet. Its content is complemented by a variety of smart fitness devices, fitness gear, apparel and food, which enables seamlessly connecting the physical and digital realms to create an immersive, one-stop fitness experience.
Executives
Wang Ning 2501 Other
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Trident Trust Company (hk) Limited 2501 Other
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Softbank Vision Fund Ii-2 L.p. 2201 Interest of corporation controlled by you
Svf Ii Gp (jersey) Limited 2201 Interest of corporation controlled by you
Svf Ii Holdings (de) Llc 2201 Interest of corporation controlled by you
Svf Ii Investment Holdings (subco) Llc 2201 Interest of corporation controlled by you
Svf Ii Investment Holdings Llc 2201 Interest of corporation controlled by you
Softbank Group Corp. 2201 Interest of corporation controlled by you
Softbank Group Overseas Gk 2201 Interest of corporation controlled by you
Svf Ii Calorie Subco (de) Llc 2101 Beneficial owner
Svf Ii Aggregator (jersey) L.p. 2201 Interest of corporation controlled by you
Sb Global Advisers Limited 2201 Interest of corporation controlled by you
Sb Global Advisers Capital Markets Limited 2201 Interest of corporation controlled by you

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