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Vincom Retail JSC (STC:VRE) Gross Profit : ₫4,822,016 Mil (TTM As of Sep. 2024)


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What is Vincom Retail JSC Gross Profit?

Vincom Retail JSC's gross profit for the three months ended in Sep. 2024 was ₫1,089,284 Mil. Vincom Retail JSC's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₫4,822,016 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vincom Retail JSC's gross profit for the three months ended in Sep. 2024 was ₫1,089,284 Mil. Vincom Retail JSC's Revenue for the three months ended in Sep. 2024 was ₫2,077,717 Mil. Therefore, Vincom Retail JSC's Gross Margin % for the quarter that ended in Sep. 2024 was 52.43%.

Vincom Retail JSC had a gross margin of 52.43% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Vincom Retail JSC was 54.60%. The lowest was 39.91%. And the median was 46.72%.


Vincom Retail JSC Gross Profit Historical Data

The historical data trend for Vincom Retail JSC'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.

Vincom Retail JSC Gross Profit Chart

Vincom Retail JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 4,403,620.00 3,821,287.00 2,392,105.00 3,816,520.00 5,345,885.00

Vincom Retail JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,700,069.00 1,268,082.00 1,255,224.00 1,209,426.00 1,089,284.00

Competitive Comparison of Vincom Retail JSC's Gross Profit

For the Real Estate Services subindustry, Vincom Retail JSC'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.


Vincom Retail JSC's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vincom Retail JSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vincom Retail JSC's Gross Profit falls into.



Vincom Retail JSC Gross Profit Calculation

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

Vincom Retail JSC'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
=9791335 - 4445450
=5,345,885

Vincom Retail JSC's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2077717 - 988433
=1,089,284

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫4,822,016 Mil.

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

Vincom Retail JSC's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,089,284 / 2077717
=52.43 %

* 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.


Vincom Retail JSC  (STC:VRE) 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

Vincom Retail JSC had a gross margin of 52.43% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Vincom Retail JSC Gross Profit Related Terms

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Vincom Retail JSC Business Description

Traded in Other Exchanges
N/A
Address
No.7 Bang Lang 1 Street, Vinhomes Riverside Urban Area, Viet Hung Ward, Long Bien District, Hanoi, VNM
Vincom Retail JSC is real estate service provider in Vietnam. The company is engaged in developing and operating shopping center and shopping malls.