GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Top Standard Corp (HKSE:08510) » Definitions » Gross Profit

Top Standard (HKSE:08510) Gross Profit : HK$0.18 Mil (TTM As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Top Standard Gross Profit?

Top Standard's gross profit for the three months ended in Jun. 2024 was HK$0.00 Mil. Top Standard's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.18 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Top Standard's gross profit for the three months ended in Jun. 2024 was HK$0.00 Mil. Top Standard's Revenue for the three months ended in Jun. 2024 was HK$0.00 Mil. Therefore, Top Standard's Gross Margin % for the quarter that ended in Jun. 2024 was N/A%.

Top Standard had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Top Standard was 74.91%. The lowest was 5.98%. And the median was 30.28%.

Warning Sign:

Top Standard Corp gross margin has been in long-term decline. The average rate of decline per year is -15.5%.


Top Standard Gross Profit Historical Data

The historical data trend for Top Standard'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.

Top Standard Gross Profit Chart

Top Standard Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 10.86 2.04 3.18 0.91 3.97

Top Standard Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 0.08 0.13 0.06 - -

Competitive Comparison of Top Standard's Gross Profit

For the Restaurants subindustry, Top Standard'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.


Top Standard's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Top Standard's Gross Profit distribution charts can be found below:

* The bar in red indicates where Top Standard's Gross Profit falls into.


;
;

Top Standard Gross Profit Calculation

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

Top Standard'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
=9.072 - 8.163
=0.91

Top Standard's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.18 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.)

Top Standard's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


Top Standard  (HKSE:08510) 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

Top Standard had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Top Standard Gross Profit Related Terms

Thank you for viewing the detailed overview of Top Standard's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Top Standard Business Description

Traded in Other Exchanges
N/A
Address
87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, HKG
Top Standard Corp is an investment holding company and the Group is a restaurant group that operates restaurants and bars in Hong Kong and South-east Asia and online sales of wines. The group has two operating and reportable segments: catering service and online sales of wines. The group has been operating new restaurants Sushi MEW (Hong Kong) and Sushi MEW (Singapore). The company derives the majority of its revenue from food catering services which include food and beverage served. The group operates in Hong Kong, Malaysia, and Singapore. It generates the majority of its revenue from Hong Kong.
Executives
Jss Group Corporation
Chuk Stanley
Lazarus Securities Pty Ltd
Axis Motion Limited 2101 Beneficial owner
Focus Dynamics Group Berhad
Lau Wing Kee 2201 Interest of corporation controlled by you

Top Standard Headlines

No Headlines