Qingsong Health Co's gross profit for the
six
months ended in Jun. 2024 was NT$55.6 Mil. Qingsong Health Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was NT$124.2 Mil.
Qingsong Health Co had a gross margin of 11.78% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Qingsong Health Co was 36.40%. The lowest was 7.50%. And the median was 13.24%.
Qingsong Health Co Gross Profit Historical Data
The historical data trend for Qingsong Health 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.
Competitive Comparison of Qingsong Health Co's Gross Profit
For the Medical Care Facilities subindustry, Qingsong Health 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.
Qingsong Health Co's Gross Profit Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Qingsong Health Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Qingsong Health Co's Gross Profit falls into.
Qingsong Health Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Qingsong Health Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 NT$124.2 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.
Qingsong Health Co (ROCO:6931) 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
Qingsong Health Co had a gross margin of 11.78% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage
Qingsong Health Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Qingsong Health Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Qingsong Health Co Ltd is an integrated health and medical care resource, that connects peers and cross-industry cross-domain cooperation. It has three segments Management and advisory segment engages in agent sales of medical consumables, equipment of long-term care to institutions, real estate leasing business, advisory of long-term care services, and related financial consulting services. The long-term care segment is involved in diversified care services such as care of disability, and the Decoration segment is engaged in the interior decoration business.
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