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Carnival Industrial (TPE:1417) Gross Profit : NT$332.6 Mil (TTM As of Sep. 2024)


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What is Carnival Industrial Gross Profit?

Carnival Industrial's gross profit for the three months ended in Sep. 2024 was NT$22.4 Mil. Carnival Industrial's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$332.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Carnival Industrial's gross profit for the three months ended in Sep. 2024 was NT$22.4 Mil. Carnival Industrial's Revenue for the three months ended in Sep. 2024 was NT$110.1 Mil. Therefore, Carnival Industrial's Gross Margin % for the quarter that ended in Sep. 2024 was 20.34%.

Carnival Industrial had a gross margin of 20.34% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Carnival Industrial was 48.37%. The lowest was 14.04%. And the median was 23.74%.


Carnival Industrial Gross Profit Historical Data

The historical data trend for Carnival Industrial'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.

Carnival Industrial Gross Profit Chart

Carnival Industrial 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 353.22 223.58 639.68 422.95 499.45

Carnival Industrial 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 74.25 149.36 91.75 69.09 22.39

Competitive Comparison of Carnival Industrial's Gross Profit

For the Apparel Retail subindustry, Carnival Industrial'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.


Carnival Industrial's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's Gross Profit distribution charts can be found below:

* The bar in red indicates where Carnival Industrial's Gross Profit falls into.



Carnival Industrial Gross Profit Calculation

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

Carnival Industrial'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
=1496.178 - 996.724
=499.5

Carnival Industrial's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=110.11 - 87.717
=22.4

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 NT$332.6 Mil.

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

Carnival Industrial'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
=22.4 / 110.11
=20.34 %

* 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.


Carnival Industrial  (TPE:1417) 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

Carnival Industrial had a gross margin of 20.34% for the quarter that ended in Sep. 2024 => Competition eroding margins


Carnival Industrial Gross Profit Related Terms

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Carnival Industrial Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, 25 Jen Ai Road.Sector 4, Da’an Dist, Taipei, TWN
Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms men's and women's garments including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. It has two reportable segments that include the Apparel sales department and the Garment production department. The majority of its revenue comes from the Apparel sales department.

Carnival Industrial Headlines

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