GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (STU:CPM) » Definitions » Gross Profit

China Merchants Port Holdings Co (STU:CPM) Gross Profit : €606 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is China Merchants Port Holdings Co Gross Profit?

China Merchants Port Holdings Co's gross profit for the six months ended in Dec. 2023 was €299 Mil. China Merchants Port Holdings Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €606 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Merchants Port Holdings Co's gross profit for the six months ended in Dec. 2023 was €299 Mil. China Merchants Port Holdings Co's Revenue for the six months ended in Dec. 2023 was €667 Mil. Therefore, China Merchants Port Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 44.83%.

China Merchants Port Holdings Co had a gross margin of 44.83% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of China Merchants Port Holdings Co was 45.21%. The lowest was 39.59%. And the median was 42.92%.


China Merchants Port Holdings Co Gross Profit Historical Data

The historical data trend for China Merchants Port Holdings Co'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.

China Merchants Port Holdings Co Gross Profit Chart

China Merchants Port Holdings Co 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 428.52 397.01 607.89 675.13 605.28

China Merchants Port Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 307.52 374.63 298.28 307.55 298.83

Competitive Comparison of China Merchants Port Holdings Co's Gross Profit

For the Marine Shipping subindustry, China Merchants Port Holdings Co'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.


China Merchants Port Holdings Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Merchants Port Holdings Co's Gross Profit falls into.



China Merchants Port Holdings Co Gross Profit Calculation

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

China Merchants Port Holdings Co'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
=1348.177 - 742.895
=605

China Merchants Port Holdings Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=666.574 - 367.749
=299

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €606 Mil.

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

China Merchants Port Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=299 / 666.574
=44.83 %

* 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.


China Merchants Port Holdings Co  (STU:CPM) 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

China Merchants Port Holdings Co had a gross margin of 44.83% for the quarter that ended in Dec. 2023 => Durable competitive advantage


China Merchants Port Holdings Co Gross Profit Related Terms

Thank you for viewing the detailed overview of China Merchants Port Holdings Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Port Holdings Co (STU:CPM) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

China Merchants Port Holdings Co (STU:CPM) Headlines

No Headlines