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Gallant Venture (SGX:5IG) Gross Profit : S$67.5 Mil (TTM As of Dec. 2023)


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What is Gallant Venture Gross Profit?

Gallant Venture's gross profit for the six months ended in Dec. 2023 was S$35.3 Mil. Gallant Venture's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was S$67.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gallant Venture's gross profit for the six months ended in Dec. 2023 was S$35.3 Mil. Gallant Venture's Revenue for the six months ended in Dec. 2023 was S$94.7 Mil. Therefore, Gallant Venture's Gross Margin % for the quarter that ended in Dec. 2023 was 37.22%.

Gallant Venture had a gross margin of 37.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Gallant Venture was 36.96%. The lowest was 15.43%. And the median was 19.51%.


Gallant Venture Gross Profit Historical Data

The historical data trend for Gallant Venture'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.

Gallant Venture Gross Profit Chart

Gallant Venture 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 33.58 24.43 33.02 55.31 67.50

Gallant Venture 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 13.98 21.54 33.76 32.24 35.26

Competitive Comparison of Gallant Venture's Gross Profit

For the Utilities - Diversified subindustry, Gallant Venture'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.


Gallant Venture's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gallant Venture's Gross Profit distribution charts can be found below:

* The bar in red indicates where Gallant Venture's Gross Profit falls into.



Gallant Venture Gross Profit Calculation

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

Gallant Venture'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
=182.666 - 115.162
=67.5

Gallant Venture's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=94.733 - 59.473
=35.3

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 S$67.5 Mil.

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

Gallant Venture'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
=35.3 / 94.733
=37.22 %

* 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.


Gallant Venture  (SGX:5IG) 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

Gallant Venture had a gross margin of 37.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


Gallant Venture Gross Profit Related Terms

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Gallant Venture (SGX:5IG) Business Description

Traded in Other Exchanges
N/A
Address
3 HarbourFront Place, No. 16-01 HarbourFront Tower Two, Singapore, SGP, 099254
Gallant Venture Ltd is an investment holding company. The company operates in different segments: Utilities, which is engaged in activities of provision of electricity and water supply, telecommunication services, and waste management services; Industrial parks, which is into the development, construction, operation, and maintenance of industrial properties; Resort operations, which are engaged in the provision of services to resort operation; and Property development, which is engaged in activities of developing industrial and resort properties. The majority is from the utilities segment. Geographically, the Group operates mainly in Indonesia.

Gallant Venture (SGX:5IG) Headlines

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