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HC Surgical Specialists (SGX:1B1) Gross Profit : S$15.96 Mil (TTM As of May. 2024)


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What is HC Surgical Specialists Gross Profit?

HC Surgical Specialists's gross profit for the six months ended in May. 2024 was S$7.97 Mil. HC Surgical Specialists's gross profit for the trailing twelve months (TTM) ended in May. 2024 was S$15.96 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HC Surgical Specialists's gross profit for the six months ended in May. 2024 was S$7.97 Mil. HC Surgical Specialists's Revenue for the six months ended in May. 2024 was S$9.19 Mil. Therefore, HC Surgical Specialists's Gross Margin % for the quarter that ended in May. 2024 was 86.69%.

HC Surgical Specialists had a gross margin of 86.69% for the quarter that ended in May. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of HC Surgical Specialists was 89.10%. The lowest was 84.23%. And the median was 86.86%.


HC Surgical Specialists Gross Profit Historical Data

The historical data trend for HC Surgical Specialists'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.

HC Surgical Specialists Gross Profit Chart

HC Surgical Specialists Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.79 20.28 16.67 16.45 15.96

HC Surgical Specialists Semi-Annual Data
May14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 7.67 8.73 7.72 7.99 7.97

Competitive Comparison of HC Surgical Specialists's Gross Profit

For the Diagnostics & Research subindustry, HC Surgical Specialists'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.


HC Surgical Specialists's Gross Profit Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, HC Surgical Specialists's Gross Profit distribution charts can be found below:

* The bar in red indicates where HC Surgical Specialists's Gross Profit falls into.



HC Surgical Specialists Gross Profit Calculation

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

HC Surgical Specialists's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=18.81 - 2.848
=15.96

HC Surgical Specialists's Gross Profit for the quarter that ended in May. 2024 is calculated as

Gross Profit (Q: May. 2024 )=Revenue - Cost of Goods Sold
=9.191 - 1.223
=7.97

Gross Profit for the trailing twelve months (TTM) ended in May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$15.96 Mil.

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

HC Surgical Specialists's Gross Margin % for the quarter that ended in May. 2024 is calculated as

Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.97 / 9.191
=86.69 %

* 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.


HC Surgical Specialists  (SGX:1B1) 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

HC Surgical Specialists had a gross margin of 86.69% for the quarter that ended in May. 2024 => Durable competitive advantage


HC Surgical Specialists Gross Profit Related Terms

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HC Surgical Specialists Business Description

Traded in Other Exchanges
N/A
Address
233 River Valley Road, No. B1-04/05 RV Point, Singapore, SGP, 238291
HC Surgical Specialists Ltd is a medical services group. The company is engaged in providing endoscopic procedures, including gastroscopies and colonoscopies, and general surgery services. The operating segment of the company is the healthcare segment. Geographically, it operates only in Singapore. The company has its facilities center and clinics at various places in Singapore.

HC Surgical Specialists Headlines

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