The Place Holdings's gross profit for the
six
months ended in Jun. 2023 was S$0.73 Mil. The Place Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was S$0.91 Mil.
The Place Holdings had a gross margin of 96.31% for the quarter that ended in Jun. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of The Place Holdings was 97.21%. The lowest was 5.35%. And the median was 81.55%.
The Place Holdings Gross Profit Historical Data
The historical data trend for The Place Holdings'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 The Place Holdings's Gross Profit
For the Advertising Agencies subindustry, The Place Holdings'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.
The Place Holdings's Gross Profit Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The Place Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where The Place Holdings's Gross Profit falls into.
The Place Holdings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
The Place Holdings's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.91 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.
The Place Holdings (SGX:E27) 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
The Place Holdings had a gross margin of 96.31% for the quarter that ended in Jun. 2023 => Durable competitive advantage
The Place Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of The Place Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
The Place Holdings Ltd is an investment holding company that invests in develops and manages media-related businesses. It manages various cultural events and activities; and focuses on the provision of branding strategy, planning, and organizing of corporate events, exhibitions, and other events. It also engages in the development and operation of integrated tourism business including the development of commercial malls, hotels, entertainment and recreation facilities, resorts, corporate clubhouses, and wellness resorts for the elderly. In addition, the firm invests in a new retail business. It operates in two segments Media and event management and Property development. The Media and event management accounts for all of the firm's revenue.
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