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Perfect Group (SHSE:603059) Gross Profit : ¥272 Mil (TTM As of Mar. 2024)


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What is Perfect Group Gross Profit?

Perfect Group's gross profit for the three months ended in Mar. 2024 was ¥73 Mil. Perfect Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥272 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perfect Group's gross profit for the three months ended in Mar. 2024 was ¥73 Mil. Perfect Group's Revenue for the three months ended in Mar. 2024 was ¥286 Mil. Therefore, Perfect Group's Gross Margin % for the quarter that ended in Mar. 2024 was 25.38%.

Perfect Group had a gross margin of 25.38% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Perfect Group was 28.83%. The lowest was 20.56%. And the median was 24.70%.

Warning Sign:

Perfect Group Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Perfect Group Gross Profit Historical Data

The historical data trend for Perfect Group'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.

Perfect Group Gross Profit Chart

Perfect Group 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 204.39 190.06 213.49 251.62 247.29

Perfect Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.22 61.30 68.17 69.60 72.56

Competitive Comparison of Perfect Group's Gross Profit

For the Household & Personal Products subindustry, Perfect Group'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.


Perfect Group's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Perfect Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Perfect Group's Gross Profit falls into.



Perfect Group Gross Profit Calculation

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

Perfect Group'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
=1066.539 - 819.254
=247

Perfect Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=285.857 - 213.302
=73

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥272 Mil.

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

Perfect Group's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=73 / 285.857
=25.38 %

* 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.


Perfect Group  (SHSE:603059) 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

Perfect Group had a gross margin of 25.38% for the quarter that ended in Mar. 2024 => Competition eroding margins


Perfect Group Gross Profit Related Terms

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Perfect Group (SHSE:603059) Business Description

Traded in Other Exchanges
N/A
Address
Hangji Industrial Park, Jiangsu Province, Yangzhou, CHN, 225111
Perfect Group Corp Ltd is a China-based company engages in the research and development, production, and sale of dental care product. Its products include toothbrushes, dental floss, interdental brushes, dental floss sticks and denture cleaning tablets.
Executives
Jiang Qiang senior management
Ji Yu Fang Director
Xue Yun Pu Director

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