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King's Flair International (Holdings) (HKSE:06822) Gross Profit : HK$179.7 Mil (TTM As of Dec. 2023)


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What is King's Flair International (Holdings) Gross Profit?

King's Flair International (Holdings)'s gross profit for the six months ended in Dec. 2023 was HK$94.0 Mil. King's Flair International (Holdings)'s gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$179.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. King's Flair International (Holdings)'s gross profit for the six months ended in Dec. 2023 was HK$94.0 Mil. King's Flair International (Holdings)'s Revenue for the six months ended in Dec. 2023 was HK$356.9 Mil. Therefore, King's Flair International (Holdings)'s Gross Margin % for the quarter that ended in Dec. 2023 was 26.34%.

King's Flair International (Holdings) had a gross margin of 26.34% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of King's Flair International (Holdings) was 26.00%. The lowest was 18.09%. And the median was 21.57%.


King's Flair International (Holdings) Gross Profit Historical Data

The historical data trend for King's Flair 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.

King's Flair International (Holdings) Gross Profit Chart

King's Flair International (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 312.52 305.60 289.52 198.99 179.67

King's Flair International (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 153.55 86.90 112.08 85.67 94.00

Competitive Comparison of King's Flair International (Holdings)'s Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, King's Flair 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.


King's Flair International (Holdings)'s Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King's Flair International (Holdings)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where King's Flair International (Holdings)'s Gross Profit falls into.



King's Flair International (Holdings) Gross Profit Calculation

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

King's Flair 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
=691.143 - 511.47
=179.7

King's Flair International (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
=356.856 - 262.853
=94.0

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$179.7 Mil.

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

King's Flair International (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
=94.0 / 356.856
=26.34 %

* 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.


King's Flair International (Holdings)  (HKSE:06822) 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

King's Flair International (Holdings) had a gross margin of 26.34% for the quarter that ended in Dec. 2023 => Competition eroding margins


King's Flair International (Holdings) Gross Profit Related Terms

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King's Flair International (Holdings) (HKSE:06822) Business Description

Traded in Other Exchanges
N/A
Address
3 Connaught Road West, 12th Floor, Yardley Commercial Building, Sheung Wan, Hong Kong, HKG
King's Flair International (Holdings) Ltd is an integrated one-stop kitchenware and household product solution provider. The core products of the group include kitchenware and household products, drinkware, tools and gadgets, bakeware and accessories, and food preparation products. The company operates across the United States, Europe, Asia, Canada, and other locations. It operates in two segments, the trading of kitchenware and household products, which is the key revenue-generating segment, and the trading of raw materials.

King's Flair International (Holdings) (HKSE:06822) Headlines

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