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G-Resources Group (STU:CRDC) Gross Profit : €65.13 Mil (TTM As of Jun. 2024)


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What is G-Resources Group Gross Profit?

G-Resources Group's gross profit for the six months ended in Jun. 2024 was €7.69 Mil. G-Resources Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €65.13 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. G-Resources Group's gross profit for the six months ended in Jun. 2024 was €7.69 Mil. G-Resources Group's Revenue for the six months ended in Jun. 2024 was €7.69 Mil. Therefore, G-Resources Group's Gross Margin % for the quarter that ended in Jun. 2024 was N/A%.

G-Resources Group had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of G-Resources Group was 28.20%. The lowest was 28.20%. And the median was 28.20%.


G-Resources Group Gross Profit Historical Data

The historical data trend for G-Resources 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.

G-Resources Group Gross Profit Chart

G-Resources 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 24.40 44.57 55.90 16.35 63.63

G-Resources Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 9.42 6.96 6.24 57.43 7.69

Competitive Comparison of G-Resources Group's Gross Profit

For the Asset Management subindustry, G-Resources 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.


G-Resources Group's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, G-Resources Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where G-Resources Group's Gross Profit falls into.



G-Resources Group Gross Profit Calculation

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

G-Resources 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
=63.628 - 0
=63.63

G-Resources Group's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=7.693 - 0
=7.69

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €65.13 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

G-Resources Group's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.69 / 7.693
=N/A %

* 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.


G-Resources Group  (STU:CRDC) 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

G-Resources Group had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


G-Resources Group Gross Profit Related Terms

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G-Resources Group Business Description

Traded in Other Exchanges
Address
No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG
G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives the majority of revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.

G-Resources Group Headlines

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