Tai Kam Holdings (HKSE:08321) Gross Profit : HK$1.07 Mil (TTM As of Oct. 2023)

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What is Tai Kam Holdings Gross Profit?

Tai Kam Holdings's gross profit for the three months ended in Oct. 2023 was HK$0.31 Mil. Tai Kam Holdings's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was HK$1.07 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tai Kam Holdings's gross profit for the three months ended in Oct. 2023 was HK$0.31 Mil. Tai Kam Holdings's Revenue for the three months ended in Oct. 2023 was HK$13.50 Mil. Therefore, Tai Kam Holdings's Gross Margin % for the quarter that ended in Oct. 2023 was 2.27%.

Tai Kam Holdings had a gross margin of 2.27% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Tai Kam Holdings was 20.20%. The lowest was 1.56%. And the median was 9.18%.

Warning Sign:

Tai Kam Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -28.8%.

Tai Kam Holdings Gross Profit Historical Data

The historical data trend for Tai Kam 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.

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Tai Kam Holdings Gross Profit Chart

Tai Kam Holdings Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Gross Profit

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15.51

10.87

4.12

2.05

1.96

Tai Kam Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Gross Profit	Get a 7-Day Free Trial															0.85	0.27	0.26	0.23	0.31

Competitive Comparison of Tai Kam Holdings's Gross Profit

For the Engineering & Construction subindustry, Tai Kam 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.

Tai Kam Holdings's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tai Kam Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tai Kam Holdings's Gross Profit falls into.

Tai Kam Holdings Gross Profit Calculation

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

Tai Kam Holdings's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	97.332	-	95.37
	=	1.96

Tai Kam Holdings's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	13.504	-	13.197
	=	0.31

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$1.07 Mil.

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

Tai Kam Holdings's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )	=	Gross Profit (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	0.31	/	13.504
	=	2.27 %

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.

Tai Kam Holdings (HKSE:08321) 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

Tai Kam Holdings had a gross margin of 2.27% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

Tai Kam Holdings Gross Profit Related Terms

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Tai Kam Holdings (HKSE:08321) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tai Kam Holdings Ltd (HKSE:08321) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 317-319 Des Voeux Road Central, Unit 1104A, 11th Floor, Kai Tak Commercial Building, Hong Kong, HKG

Website

http://www.taikamholdings.com

Tai Kam Holdings Ltd is an investment holding company principally engaged in site formation works and renovation works. Geographically, it operates and derives revenue from Hong Kong. The company primarily undertakes slop works as the main contractor. The slope works of the group involve the construction of clay nails, the construction of retaining walls, the installation of flexible protective nets for debris flows, the construction of drainage inclined pipes, the laying of erosion control and wire mesh, and the construction of concrete maintenance stairs.

Tai Kam Holdings (HKSE:08321) Headlines

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