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UG Healthcare (SGX:8K7) Gross Profit : S$3.43 Mil (TTM As of Dec. 2023)


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What is UG Healthcare Gross Profit?

UG Healthcare's gross profit for the six months ended in Dec. 2023 was S$8.12 Mil. UG Healthcare's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was S$3.43 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. UG Healthcare's gross profit for the six months ended in Dec. 2023 was S$8.12 Mil. UG Healthcare's Revenue for the six months ended in Dec. 2023 was S$49.70 Mil. Therefore, UG Healthcare's Gross Margin % for the quarter that ended in Dec. 2023 was 16.33%.

UG Healthcare had a gross margin of 16.33% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of UG Healthcare was 57.97%. The lowest was 1.43%. And the median was 20.77%.

Warning Sign:

UG Healthcare Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -24.4%.


UG Healthcare Gross Profit Historical Data

The historical data trend for UG Healthcare'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.

UG Healthcare Gross Profit Chart

UG Healthcare Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.72 42.52 196.16 84.39 1.45

UG Healthcare 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 44.55 39.84 6.14 -4.69 8.12

Competitive Comparison of UG Healthcare's Gross Profit

For the Medical Instruments & Supplies subindustry, UG Healthcare'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.


UG Healthcare's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, UG Healthcare's Gross Profit distribution charts can be found below:

* The bar in red indicates where UG Healthcare's Gross Profit falls into.



UG Healthcare Gross Profit Calculation

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

UG Healthcare's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=101.133 - 99.685
=1.45

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=49.697 - 41.582
=8.12

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$3.43 Mil.

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

UG Healthcare'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
=8.12 / 49.697
=16.33 %

* 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.


UG Healthcare  (SGX:8K7) 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

UG Healthcare had a gross margin of 16.33% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


UG Healthcare Gross Profit Related Terms

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UG Healthcare (SGX:8K7) Business Description

Traded in Other Exchanges
N/A
Address
1 North Bridge Road, No 06-15 High Street Centre, Singapore, SGP, 179094
UG Healthcare Corp Ltd is a rubber gloves manufacturer. The company manufactures and distributes products under the Unigloves brand as well as Original Equipment Manufacturer (OEM). The company's business segments are latex examination gloves, nitrile examination gloves, and other ancillary products. It also offers vinyl gloves, surgical gloves and cleanroom gloves, face masks, and other medical disposables. It has two manufacturing plants located in Seremban, Malaysia. Its gloves are used in medical and healthcare, food and beverage, R&D, Industrials and beauty industry. It has a geographical presence with the majority of the revenue generated from Europe.

UG Healthcare (SGX:8K7) Headlines

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