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Longda Construction & Development (TPE:5519) Gross Profit : NT$1,579 Mil (TTM As of Sep. 2024)


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What is Longda Construction & Development Gross Profit?

Longda Construction & Development's gross profit for the three months ended in Sep. 2024 was NT$96 Mil. Longda Construction & Development's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$1,579 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Longda Construction & Development's gross profit for the three months ended in Sep. 2024 was NT$96 Mil. Longda Construction & Development's Revenue for the three months ended in Sep. 2024 was NT$490 Mil. Therefore, Longda Construction & Development's Gross Margin % for the quarter that ended in Sep. 2024 was 19.63%.

Longda Construction & Development had a gross margin of 19.63% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Longda Construction & Development was 31.78%. The lowest was 16.39%. And the median was 21.67%.


Longda Construction & Development Gross Profit Historical Data

The historical data trend for Longda Construction & Development'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.

Longda Construction & Development Gross Profit Chart

Longda Construction & Development 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 799.69 702.16 1,083.11 1,446.08 1,387.46

Longda Construction & Development 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 119.62 830.51 457.55 195.06 96.28

Competitive Comparison of Longda Construction & Development's Gross Profit

For the Engineering & Construction subindustry, Longda Construction & Development'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.


Longda Construction & Development's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Longda Construction & Development's Gross Profit distribution charts can be found below:

* The bar in red indicates where Longda Construction & Development's Gross Profit falls into.



Longda Construction & Development Gross Profit Calculation

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

Longda Construction & Development'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
=4365.571 - 2978.114
=1,387

Longda Construction & Development's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=490.337 - 394.062
=96

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$1,579 Mil.

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

Longda Construction & Development'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
=96 / 490.337
=19.63 %

* 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.


Longda Construction & Development  (TPE:5519) 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

Longda Construction & Development had a gross margin of 19.63% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Longda Construction & Development Gross Profit Related Terms

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Longda Construction & Development Business Description

Traded in Other Exchanges
N/A
Address
No. 380, Minquan 2nd Road, 18th Floor-1, Qianzhen District, Kaohsiung, TWN
Longda Construction & Development Corp is engaged in the integrated construction business of construction and civil engineering, as well as the development, leasing and sale of residential housing and buildings.

Longda Construction & Development Headlines

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