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Sing Investments & Finance (SGX:S35) Gross Profit : S$106.4 Mil (TTM As of Jun. 2024)


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What is Sing Investments & Finance Gross Profit?

Sing Investments & Finance's gross profit for the six months ended in Jun. 2024 was S$54.5 Mil. Sing Investments & Finance's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was S$106.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sing Investments & Finance's gross profit for the six months ended in Jun. 2024 was S$54.5 Mil. Sing Investments & Finance's Revenue for the six months ended in Jun. 2024 was S$63.8 Mil. Therefore, Sing Investments & Finance's Gross Margin % for the quarter that ended in Jun. 2024 was 85.47%.

Sing Investments & Finance had a gross margin of 85.47% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sing Investments & Finance was 85.04%. The lowest was 30.07%. And the median was 38.41%.


Sing Investments & Finance Gross Profit Historical Data

The historical data trend for Sing Investments & Finance'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.

Sing Investments & Finance Gross Profit Chart

Sing Investments & Finance 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 26.16 30.73 50.41 55.45 99.66

Sing Investments & Finance Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 22.96 32.50 47.76 51.90 54.51

Competitive Comparison of Sing Investments & Finance's Gross Profit

For the Credit Services subindustry, Sing Investments & Finance'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.


Sing Investments & Finance's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sing Investments & Finance's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sing Investments & Finance's Gross Profit falls into.



Sing Investments & Finance Gross Profit Calculation

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

Sing Investments & Finance'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
=118.881 - 19.221
=99.7

Sing Investments & Finance's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=63.773 - 9.268
=54.5

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$106.4 Mil.

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

Sing Investments & Finance's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=54.5 / 63.773
=85.47 %

* 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.


Sing Investments & Finance  (SGX:S35) 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

Sing Investments & Finance had a gross margin of 85.47% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Sing Investments & Finance Gross Profit Related Terms

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Sing Investments & Finance Business Description

Traded in Other Exchanges
N/A
Address
96 Robinson Road, No: 01-01 SIF Building, Singapore, SGP, 068899
Sing Investments & Finance Ltd is a licensed finance company. It operates in the Credit and lending segment. The company offers various loan products and credit facilities which include residential and commercial property loans, land and construction loans, machinery loans under the local enterprise finance scheme, motor vehicle loans, floor stock facilities, share financing, and shipping loans. It also provides deposit products, such as fixed deposits, conveyancing accounts, savings accounts and promotions, fixed deposit promotion products, and safe deposit box services. In addition, it also renders nominee services.

Sing Investments & Finance Headlines

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