Jin Mi Fang Group Holdings's gross profit for the
three
months ended in Sep. 2024 was HK$0.00 Mil. Jin Mi Fang Group Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was HK$10.35 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 Jin Mi Fang Group Holdings's Gross Profit
For the Restaurants subindustry, Jin Mi Fang 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.
Jin Mi Fang Group Holdings's Gross Profit Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Jin Mi Fang Group Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Jin Mi Fang Group Holdings's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$10.35 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
(Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
* 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.
Jin Mi Fang Group Holdings (HKSE:08300) 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
Jin Mi Fang Group Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
Jin Mi Fang Group Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Jin Mi Fang Group Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Jin Mi Fang Group Holdings Ltd is a company engaged in the development and supply of wine in China. Its business scope includes but is not limited to brand management, customization, marketing, and distribution of premium wines, with a focus on business-to-business sales of Chinese liquor. Their group is committed to becoming a widely known supplier of wine supplier in China.
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