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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Gross Profit : ﷼328 Mil (TTM As of Mar. 2024)


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What is Al Hassan Ghazi Ibrahim Shaker Gross Profit?

Al Hassan Ghazi Ibrahim Shaker's gross profit for the three months ended in Mar. 2024 was ﷼98 Mil. Al Hassan Ghazi Ibrahim Shaker's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼328 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Al Hassan Ghazi Ibrahim Shaker's gross profit for the three months ended in Mar. 2024 was ﷼98 Mil. Al Hassan Ghazi Ibrahim Shaker's Revenue for the three months ended in Mar. 2024 was ﷼413 Mil. Therefore, Al Hassan Ghazi Ibrahim Shaker's Gross Margin % for the quarter that ended in Mar. 2024 was 23.66%.

Al Hassan Ghazi Ibrahim Shaker had a gross margin of 23.66% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Al Hassan Ghazi Ibrahim Shaker was 30.13%. The lowest was 12.91%. And the median was 22.21%.


Al Hassan Ghazi Ibrahim Shaker Gross Profit Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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.

Al Hassan Ghazi Ibrahim Shaker Gross Profit Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.65 195.56 215.57 237.64 317.76

Al Hassan Ghazi Ibrahim Shaker Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 87.11 74.23 81.36 75.06 97.77

Competitive Comparison of Al Hassan Ghazi Ibrahim Shaker's Gross Profit

For the Electronics & Computer Distribution subindustry, Al Hassan Ghazi Ibrahim Shaker'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.


Al Hassan Ghazi Ibrahim Shaker's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Al Hassan Ghazi Ibrahim Shaker's Gross Profit distribution charts can be found below:

* The bar in red indicates where Al Hassan Ghazi Ibrahim Shaker's Gross Profit falls into.



Al Hassan Ghazi Ibrahim Shaker Gross Profit Calculation

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

Al Hassan Ghazi Ibrahim Shaker'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
=1236.237 - 918.474
=318

Al Hassan Ghazi Ibrahim Shaker's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=413.242 - 315.473
=98

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼328 Mil.

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

Al Hassan Ghazi Ibrahim Shaker's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=98 / 413.242
=23.66 %

* 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.


Al Hassan Ghazi Ibrahim Shaker  (SAU:1214) 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

Al Hassan Ghazi Ibrahim Shaker had a gross margin of 23.66% for the quarter that ended in Mar. 2024 => Competition eroding margins


Al Hassan Ghazi Ibrahim Shaker Gross Profit Related Terms

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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422
Al Hassan Ghazi Ibrahim Shaker is engaged in the trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Kitchen aid.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Headlines

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