Hevol Services Group Co's gross profit for the
six
months ended in Jun. 2024 was HK$203 Mil. Hevol Services Group Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$353 Mil.
* 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.
Competitive Comparison of Hevol Services Group Co's Gross Profit
For the Real Estate Services subindustry, Hevol Services Group Co'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.
Hevol Services Group Co's Gross Profit Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Hevol Services Group Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Hevol Services Group Co's Gross Profit falls into.
Hevol Services Group Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Hevol Services Group Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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$353 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Hevol Services Group Co (HKSE:06093) 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
Hevol Services Group Co had a gross margin of 28.03% for the quarter that ended in Jun. 2024 => Competition eroding margins
Hevol Services Group Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Hevol Services Group Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.
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