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Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Gross Profit : $17.54 Mil (TTM As of Dec. 2023)


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What is Luks Group (Vietnam Holdings) Co Gross Profit?

Luks Group (Vietnam Holdings) Co's gross profit for the six months ended in Dec. 2023 was $9.31 Mil. Luks Group (Vietnam Holdings) Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $17.54 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Luks Group (Vietnam Holdings) Co's gross profit for the six months ended in Dec. 2023 was $9.31 Mil. Luks Group (Vietnam Holdings) Co's Revenue for the six months ended in Dec. 2023 was $26.26 Mil. Therefore, Luks Group (Vietnam Holdings) Co's Gross Margin % for the quarter that ended in Dec. 2023 was 35.45%.

Luks Group (Vietnam Holdings) Co had a gross margin of 35.45% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Luks Group (Vietnam Holdings) Co was 37.02%. The lowest was 26.56%. And the median was 33.85%.

Warning Sign:

Luks Group (Vietnam Holdings) Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Luks Group (Vietnam Holdings) Co Gross Profit Historical Data

The historical data trend for Luks Group (Vietnam Holdings) Co'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.

Luks Group (Vietnam Holdings) Co Gross Profit Chart

Luks Group (Vietnam Holdings) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.50 19.61 19.74 16.82 17.57

Luks Group (Vietnam Holdings) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.96 8.49 8.26 8.24 9.31

Competitive Comparison of Luks Group (Vietnam Holdings) Co's Gross Profit

For the Building Materials subindustry, Luks Group (Vietnam Holdings) Co'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.


Luks Group (Vietnam Holdings) Co's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Luks Group (Vietnam Holdings) Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Luks Group (Vietnam Holdings) Co's Gross Profit falls into.



Luks Group (Vietnam Holdings) Co Gross Profit Calculation

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

Luks Group (Vietnam Holdings) Co'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
=54.714 - 37.146
=17.57

Luks Group (Vietnam Holdings) Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=26.255 - 16.948
=9.31

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $17.54 Mil.

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

Luks Group (Vietnam Holdings) Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=9.31 / 26.255
=35.45 %

* 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.


Luks Group (Vietnam Holdings) Co  (OTCPK:LKSGF) 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

Luks Group (Vietnam Holdings) Co had a gross margin of 35.45% for the quarter that ended in Dec. 2023 => Competition eroding margins


Luks Group (Vietnam Holdings) Co Gross Profit Related Terms

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Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Business Description

Traded in Other Exchanges
Address
39-41 Sheung Heung Road, 5th Floor, Cheong Wah Factory Building, Tokwawan, Kowloon, Hong Kong, HKG
Luks Group (Vietnam Holdings) Co Ltd is an investment holding company. Its segments include the Cement products segment, the Property Investment segment, the Hotel operation segment, the Property Development segment, and the Corporate and others segment. It derives key revenue from the cement products segment that represents the group's manufacture and sale of cement products for use in the construction industry. The group derives a majority of its revenue from Vietnam followed by Hong Kong and Mainland China.

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Headlines

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