Beisen Holding's gross profit for the
six
months ended in Mar. 2024 was HK$301.9 Mil. Beisen Holding's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was HK$612.1 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Beisen Holding's gross profit for the
six
months ended in Mar. 2024 was HK$301.9 Mil. Beisen Holding's Revenue for the
six
months ended in Mar. 2024 was HK$493.4 Mil. Therefore, Beisen Holding's Gross Margin % for the quarter that ended in Mar. 2024 was 61.19%.
Beisen Holding had a gross margin of 61.19% for the quarter that ended in Mar. 2024 => Durable competitive advantage
During the past 6 years, the highestGross Margin % of Beisen Holding was 66.44%. The lowest was 55.34%. And the median was 60.04%.
Warning Sign:
Beisen Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
Beisen Holding Gross Profit Historical Data
The historical data trend for Beisen Holding'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.
Competitive Comparison of Beisen Holding's Gross Profit
For the Software - Application subindustry, Beisen Holding'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.
Beisen Holding's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Beisen Holding's Gross Profit distribution charts can be found below:
* The bar in red indicates where Beisen Holding's Gross Profit falls into.
Beisen Holding Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Beisen Holding's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$612.1 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Beisen Holding had a gross margin of 61.19% for the quarter that ended in Mar. 2024 => Durable competitive advantage
Beisen Holding Gross Profit Related Terms
Thank you for viewing the detailed overview of Beisen Holding's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are majorly engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.
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