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Saigon Beer Alcohol Beverage (STC:SAB) Gross Profit : ₫6,788,712 Mil (TTM As of Mar. 2024)


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What is Saigon Beer Alcohol Beverage Gross Profit?

Saigon Beer Alcohol Beverage's gross profit for the three months ended in Mar. 2024 was ₫2,100,218 Mil. Saigon Beer Alcohol Beverage's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₫6,788,712 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Saigon Beer Alcohol Beverage's gross profit for the three months ended in Mar. 2024 was ₫2,100,218 Mil. Saigon Beer Alcohol Beverage's Revenue for the three months ended in Mar. 2024 was ₫7,183,512 Mil. Therefore, Saigon Beer Alcohol Beverage's Gross Margin % for the quarter that ended in Mar. 2024 was 29.24%.

Saigon Beer Alcohol Beverage had a gross margin of 29.24% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Saigon Beer Alcohol Beverage was 30.79%. The lowest was 22.49%. And the median was 29.35%.


Saigon Beer Alcohol Beverage Gross Profit Historical Data

The historical data trend for Saigon Beer Alcohol Beverage'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.

Saigon Beer Alcohol Beverage Gross Profit Chart

Saigon Beer Alcohol Beverage Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 9,550,628.69 8,501,094.78 7,608,564.81 10,770,706.93 9,091,362.50

Saigon Beer Alcohol Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2,813,588.71 1,914,989.73 2,232,765.96 2,455,727.76 2,100,218.23

Competitive Comparison of Saigon Beer Alcohol Beverage's Gross Profit

For the Beverages - Brewers subindustry, Saigon Beer Alcohol Beverage'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.


Saigon Beer Alcohol Beverage's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Saigon Beer Alcohol Beverage's Gross Profit distribution charts can be found below:

* The bar in red indicates where Saigon Beer Alcohol Beverage's Gross Profit falls into.



Saigon Beer Alcohol Beverage Gross Profit Calculation

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

Saigon Beer Alcohol Beverage'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
=30461367.282 - 21370004.778
=9,091,363

Saigon Beer Alcohol Beverage's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=7183511.591 - 5083293.361
=2,100,218

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 ₫6,788,712 Mil.

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

Saigon Beer Alcohol Beverage'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
=2,100,218 / 7183511.591
=29.24 %

* 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.


Saigon Beer Alcohol Beverage  (STC:SAB) 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

Saigon Beer Alcohol Beverage had a gross margin of 29.24% for the quarter that ended in Mar. 2024 => Competition eroding margins


Saigon Beer Alcohol Beverage Gross Profit Related Terms

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Saigon Beer Alcohol Beverage (STC:SAB) Business Description

Traded in Other Exchanges
N/A
Address
No. 187, Nguyen Chi Thanh Street, Ward 12, District 5, Ho Chi Minh City, VNM
Saigon Beer Alcohol Beverage Corp operates in the beverage industry. The company produces and sells beer, alcohol, beverages, and related products including material and packaging materials; to provide warehousing, logistics, and transportation services; to manufacture mechanical equipment, structural steel construction, and mechanical equipment installation services; and to construct and provide real estate services.

Saigon Beer Alcohol Beverage (STC:SAB) Headlines

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