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Yuexiu Services Group (HKSE:06626) Gross Profit : HK$937 Mil (TTM As of Dec. 2023)


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What is Yuexiu Services Group Gross Profit?

Yuexiu Services Group's gross profit for the six months ended in Dec. 2023 was HK$472 Mil. Yuexiu Services Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$937 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yuexiu Services Group's gross profit for the six months ended in Dec. 2023 was HK$472 Mil. Yuexiu Services Group's Revenue for the six months ended in Dec. 2023 was HK$1,872 Mil. Therefore, Yuexiu Services Group's Gross Margin % for the quarter that ended in Dec. 2023 was 25.22%.

Yuexiu Services Group had a gross margin of 25.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Yuexiu Services Group was 34.97%. The lowest was 25.89%. And the median was 27.25%.


Yuexiu Services Group Gross Profit Historical Data

The historical data trend for Yuexiu Services Group'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.

Yuexiu Services Group Gross Profit Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 270.86 478.07 821.41 758.74 936.96

Yuexiu Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 401.93 404.74 373.16 464.82 472.15

Competitive Comparison of Yuexiu Services Group's Gross Profit

For the Real Estate Services subindustry, Yuexiu Services Group'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.


Yuexiu Services Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yuexiu Services Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yuexiu Services Group's Gross Profit falls into.



Yuexiu Services Group Gross Profit Calculation

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

Yuexiu Services Group'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
=3525.94 - 2588.979
=937

Yuexiu Services Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1872.314 - 1400.168
=472

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$937 Mil.

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

Yuexiu Services Group'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
=472 / 1872.314
=25.22 %

* 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.


Yuexiu Services Group  (HKSE:06626) 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

Yuexiu Services Group had a gross margin of 25.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


Yuexiu Services Group Gross Profit Related Terms

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Yuexiu Services Group (HKSE:06626) Business Description

Traded in Other Exchanges
N/A
Address
160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
Executives
Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si 2101 Beneficial owner

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