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Tien Phong Securities (STC:ORS) Gross Profit : ₫282,606 Mil (TTM As of Mar. 2024)


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What is Tien Phong Securities Gross Profit?

Tien Phong Securities's gross profit for the three months ended in Mar. 2024 was ₫147,919 Mil. Tien Phong Securities's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₫282,606 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tien Phong Securities's gross profit for the three months ended in Mar. 2024 was ₫147,919 Mil. Tien Phong Securities's Revenue for the three months ended in Mar. 2024 was ₫305,556 Mil. Therefore, Tien Phong Securities's Gross Margin % for the quarter that ended in Mar. 2024 was 48.41%.

Tien Phong Securities had a gross margin of 48.41% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Tien Phong Securities was 54.16%. The lowest was -8.24%. And the median was 35.86%.


Tien Phong Securities Gross Profit Historical Data

The historical data trend for Tien Phong Securities'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.

Tien Phong Securities Gross Profit Chart

Tien Phong Securities Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 52,389.19 157,102.76 507,693.43 866,913.80 305,588.06

Tien Phong Securities Quarterly Data
Mar18 Dec18 Mar19 Dec19 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 170,901.11 42,675.47 152,986.10 -60,974.61 147,919.09

Competitive Comparison of Tien Phong Securities's Gross Profit

For the Capital Markets subindustry, Tien Phong Securities'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.


Tien Phong Securities's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tien Phong Securities's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tien Phong Securities's Gross Profit falls into.



Tien Phong Securities Gross Profit Calculation

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

Tien Phong Securities'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
=1035021.452 - 729433.392
=305,588

Tien Phong Securities's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=305555.853 - 157636.762
=147,919

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 ₫282,606 Mil.

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

Tien Phong Securities'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
=147,919 / 305555.853
=48.41 %

* 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.


Tien Phong Securities  (STC:ORS) 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

Tien Phong Securities had a gross margin of 48.41% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Tien Phong Securities Gross Profit Related Terms

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Tien Phong Securities (STC:ORS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
75-77 Nguyen Thai Binh street, District 1, Ho Chi Minh, VNM
Tien Phong Securities Corp is a Vietnam-based provider of investment services. It is engaged in the provision of financial advisory, brokerage services for individual and institutional clients. The Company is also involved in securities dealing.

Tien Phong Securities (STC:ORS) Headlines

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