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HUABF (Huabao International Holdings) Gross Profit : $198.3 Mil (TTM As of Jun. 2024)


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What is Huabao International Holdings Gross Profit?

Huabao International Holdings's gross profit for the six months ended in Jun. 2024 was $97.8 Mil. Huabao International Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $198.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Huabao International Holdings's gross profit for the six months ended in Jun. 2024 was $97.8 Mil. Huabao International Holdings's Revenue for the six months ended in Jun. 2024 was $218.1 Mil. Therefore, Huabao International Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 44.82%.

Huabao International Holdings had a gross margin of 44.82% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Huabao International Holdings was 70.75%. The lowest was 42.74%. And the median was 64.97%.

Warning Sign:

Huabao International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.3%.


Huabao International Holdings Gross Profit Historical Data

The historical data trend for Huabao 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.

Huabao International Holdings Gross Profit Chart

Huabao International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 373.50 360.58 269.31 205.79 197.98

Huabao International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 130.60 98.69 106.81 97.77 100.57

Competitive Comparison of Huabao International Holdings's Gross Profit

For the Specialty Chemicals subindustry, Huabao 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.


Huabao International Holdings's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huabao International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Huabao International Holdings's Gross Profit falls into.


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Huabao International Holdings Gross Profit Calculation

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

Huabao 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
=463.27 - 257.482
=205.8

Huabao International Holdings's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=218.105 - 120.34
=97.8

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $198.3 Mil.

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

Huabao International Holdings'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
=97.8 / 218.105
=44.82 %

* 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.


Huabao International Holdings  (OTCPK:HUABF) 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

Huabao International Holdings had a gross margin of 44.82% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Huabao International Holdings Gross Profit Related Terms

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Huabao International Holdings Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 3008, 30th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Huabao International Holdings Ltd is an investment holding company. Its segments are Flavours and fragrances, Tobacco raw materials, aroma raw materials, and Condiments. The company generates maximum revenue from Flavours and fragrances segment. Its Flavours and fragrances segment includes research and development, production and sale of flavors and fragrances products.

Huabao International Holdings Headlines

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