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Hiyes International Co (TPE:2348) Gross Profit : NT$4,269 Mil (TTM As of Sep. 2024)


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What is Hiyes International Co Gross Profit?

Hiyes International Co's gross profit for the three months ended in Sep. 2024 was NT$1,052 Mil. Hiyes International Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$4,269 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hiyes International Co's gross profit for the three months ended in Sep. 2024 was NT$1,052 Mil. Hiyes International Co's Revenue for the three months ended in Sep. 2024 was NT$1,900 Mil. Therefore, Hiyes International Co's Gross Margin % for the quarter that ended in Sep. 2024 was 55.35%.

Hiyes International Co had a gross margin of 55.35% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Hiyes International Co was 59.05%. The lowest was 26.58%. And the median was 43.67%.

Warning Sign:

Hiyes International Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.2%.


Hiyes International Co Gross Profit Historical Data

The historical data trend for Hiyes International 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.

Hiyes International Co Gross Profit Chart

Hiyes International 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 936.98 2,212.77 3,249.20 2,280.69 2,682.77

Hiyes International Co 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 687.39 1,156.34 1,138.28 923.24 1,051.65

Competitive Comparison of Hiyes International Co's Gross Profit

For the Real Estate Services subindustry, Hiyes International 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.


Hiyes International Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hiyes International Co's Gross Profit falls into.


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Hiyes International Co Gross Profit Calculation

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

Hiyes International 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
=7754.584 - 5071.813
=2,683

Hiyes International Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1900.087 - 848.435
=1,052

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$4,269 Mil.

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

Hiyes International Co'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
=1,052 / 1900.087
=55.35 %

* 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.


Hiyes International Co  (TPE:2348) 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

Hiyes International Co had a gross margin of 55.35% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Hiyes International Co Gross Profit Related Terms

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Hiyes International Co Business Description

Traded in Other Exchanges
N/A
Address
No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

Hiyes International Co Headlines

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