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Capital Futures (TPE:6024) Gross Profit : NT$1,055 Mil (TTM As of Mar. 2024)


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What is Capital Futures Gross Profit?

Capital Futures's gross profit for the three months ended in Mar. 2024 was NT$298 Mil. Capital Futures's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$1,055 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Capital Futures's gross profit for the three months ended in Mar. 2024 was NT$298 Mil. Capital Futures's Revenue for the three months ended in Mar. 2024 was NT$549 Mil. Therefore, Capital Futures's Gross Margin % for the quarter that ended in Mar. 2024 was 54.29%.

Capital Futures had a gross margin of 54.29% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Capital Futures was 54.30%. The lowest was 46.21%. And the median was 52.31%.


Capital Futures Gross Profit Historical Data

The historical data trend for Capital Futures'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.

Capital Futures Gross Profit Chart

Capital Futures 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 1,011.62 1,276.41 1,185.00 1,214.24 1,033.00

Capital Futures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 275.86 333.01 181.75 242.38 297.90

Competitive Comparison of Capital Futures's Gross Profit

For the Capital Markets subindustry, Capital Futures'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.


Capital Futures's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital Futures's Gross Profit distribution charts can be found below:

* The bar in red indicates where Capital Futures's Gross Profit falls into.



Capital Futures Gross Profit Calculation

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

Capital Futures'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
=1965.102 - 932.105
=1,033

Capital Futures's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=548.709 - 250.808
=298

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,055 Mil.

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

Capital Futures's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=298 / 548.709
=54.29 %

* 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.


Capital Futures  (TPE:6024) 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

Capital Futures had a gross margin of 54.29% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Capital Futures Gross Profit Related Terms

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Capital Futures (TPE:6024) Business Description

Traded in Other Exchanges
N/A
Address
No. 97, Tun Hwa South Road, 32nd and B1 Floor, Section 2, Daan District, Taipei, TWN, 10682
Capital Futures Corp is a financial services company. It operates in a single reporting segment: the Brokerage segment and mainly involves in the futures brokerage business. It also offers futures advisory business, futures management business, Lever Exchange agency, securities investment consulting, management consulting and information software service, securities business, proprietary trading, and others.

Capital Futures (TPE:6024) Headlines

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