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China Overseas Grand Oceans Group (STU:SWL) Gross Profit : €813 Mil (TTM As of Dec. 2023)


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What is China Overseas Grand Oceans Group Gross Profit?

China Overseas Grand Oceans Group's gross profit for the six months ended in Dec. 2023 was €241 Mil. China Overseas Grand Oceans Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €813 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Overseas Grand Oceans Group's gross profit for the six months ended in Dec. 2023 was €241 Mil. China Overseas Grand Oceans Group's Revenue for the six months ended in Dec. 2023 was €3,755 Mil. Therefore, China Overseas Grand Oceans Group's Gross Margin % for the quarter that ended in Dec. 2023 was 6.42%.

China Overseas Grand Oceans Group had a gross margin of 6.42% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China Overseas Grand Oceans Group was 33.32%. The lowest was 11.19%. And the median was 21.55%.

Warning Sign:

China Overseas Grand Oceans Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -19.2%.


China Overseas Grand Oceans Group Gross Profit Historical Data

The historical data trend for China Overseas Grand Oceans 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.

China Overseas Grand Oceans Group Gross Profit Chart

China Overseas Grand Oceans 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 1,222.62 1,463.34 1,722.83 1,120.63 810.57

China Overseas Grand Oceans Group 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 880.41 773.88 379.02 571.61 240.99

Competitive Comparison of China Overseas Grand Oceans Group's Gross Profit

For the Real Estate - Development subindustry, China Overseas Grand Oceans 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.


China Overseas Grand Oceans Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Grand Oceans Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Overseas Grand Oceans Group's Gross Profit falls into.



China Overseas Grand Oceans Group Gross Profit Calculation

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

China Overseas Grand Oceans 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
=7244.372 - 6433.806
=811

China Overseas Grand Oceans Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3754.716 - 3513.726
=241

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 €813 Mil.

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

China Overseas Grand Oceans Group'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
=241 / 3754.716
=6.42 %

* 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 Overseas Grand Oceans Group  (STU:SWL) 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 Overseas Grand Oceans Group had a gross margin of 6.42% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


China Overseas Grand Oceans Group Gross Profit Related Terms

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China Overseas Grand Oceans Group (STU:SWL) Business Description

Traded in Other Exchanges
Address
1 Queen’s Road East, Suites 701 - 702, 7th Floor, Three Pacific Place, Kowloon, Hong Kong, HKG
China Overseas Grand Oceans Group Ltd is engaged in general real estate activities. Its main line of business reflects the development of property comprised of residential property projects. The company carries out its business through three segments; Property investment and development, Property Leasing, and Others. The property investment and development segment is the major revenue driver for the company and is engaged in the construction of residential and commercial properties in the People's Republic of China. The Others segment mainly engages in hotel operations and generates service fee income in relation to hotel operation and other ancillary services.

China Overseas Grand Oceans Group (STU:SWL) Headlines

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