/term/gross-profit/HKSE:03919 Golden Power Group Holdings (HKSE:03919) Gross Profit
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Golden Power Group Holdings (HKSE:03919) Gross Profit : HK$70.7 Mil (TTM As of Dec. 2023)


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What is Golden Power Group Holdings Gross Profit?

Golden Power Group Holdings's gross profit for the six months ended in Dec. 2023 was HK$41.0 Mil. Golden Power Group Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$70.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Golden Power Group Holdings's gross profit for the six months ended in Dec. 2023 was HK$41.0 Mil. Golden Power Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$146.5 Mil. Therefore, Golden Power Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 27.99%.

Golden Power Group Holdings had a gross margin of 27.99% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Golden Power Group Holdings was 31.70%. The lowest was 20.15%. And the median was 24.08%.


Golden Power Group Holdings Gross Profit Historical Data

The historical data trend for Golden Power Group 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.

Golden Power Group Holdings Gross Profit Chart

Golden Power Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.21 80.82 73.49 71.54 70.75

Golden Power Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 39.01 36.47 35.07 29.76 40.99

Competitive Comparison of Golden Power Group Holdings's Gross Profit

For the Electrical Equipment & Parts subindustry, Golden Power Group 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.


Golden Power Group Holdings's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Golden Power Group Holdings's Gross Profit distribution charts can be found below:

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



Golden Power Group Holdings Gross Profit Calculation

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

Golden Power Group 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
=270.279 - 199.532
=70.7

Golden Power Group Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=146.457 - 105.471
=41.0

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$70.7 Mil.

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

Golden Power Group Holdings'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
=41.0 / 146.457
=27.99 %

* 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.


Golden Power Group Holdings  (HKSE:03919) 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

Golden Power Group Holdings had a gross margin of 27.99% for the quarter that ended in Dec. 2023 => Competition eroding margins


Golden Power Group Holdings Gross Profit Related Terms

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Golden Power Group Holdings (HKSE:03919) Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Flat C, 20th Floor, Block 1, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG
Golden Power Group Holdings Ltd is an investment holding company, which engages in the manufacture and sale of batteries for electronic devices. It operates through the following segments: Disposable Batteries, Rechargeable Batteries, and Other Battery-Related Products. The Disposable Batteries segment contains cylindrical batteries and micro-button cells. The Rechargeable Batteries and Other Battery-Related Products segment include battery charges, battery power packs, and electric fans. The majority of the firm's revenue is derived from the sale of disposable batteries. Its geographical segments are China, Hong Kong, Asia (except the PRC and Hong Kong), Europe, Eastern Europe, North America, South America, Australia, Africa, and the Middle East.
Executives
Golden Villa Ltd. 2101 Beneficial owner
Triumph Treasure Holdings Limited 2101 Beneficial owner
Chu King Tien 2201 Interest of corporation controlled by you
Mo Yuk Ling 2202 Interest of your spouse
Chu Shuk Ching 2201 Interest of corporation controlled by you

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