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WARFY (The Wharf (Holdings)) Gross Profit : $1,151 Mil (TTM As of Jun. 2024)


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What is The Wharf (Holdings) Gross Profit?

The Wharf (Holdings)'s gross profit for the six months ended in Jun. 2024 was $531 Mil. The Wharf (Holdings)'s gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $1,151 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The Wharf (Holdings)'s gross profit for the six months ended in Jun. 2024 was $531 Mil. The Wharf (Holdings)'s Revenue for the six months ended in Jun. 2024 was $900 Mil. Therefore, The Wharf (Holdings)'s Gross Margin % for the quarter that ended in Jun. 2024 was 59.02%.

The Wharf (Holdings) had a gross margin of 59.02% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of The Wharf (Holdings) was 64.86%. The lowest was 46.07%. And the median was 49.76%.

Warning Sign:

The Wharf (Holdings) Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


The Wharf (Holdings) Gross Profit Historical Data

The historical data trend for The Wharf (Holdings)'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.

The Wharf (Holdings) Gross Profit Chart

The Wharf (Holdings) 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 1,323.08 1,756.73 1,450.70 1,135.84 1,159.06

The Wharf (Holdings) Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 586.64 544.48 537.73 619.73 531.37

Competitive Comparison of The Wharf (Holdings)'s Gross Profit

For the Real Estate - Development subindustry, The Wharf (Holdings)'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.


The Wharf (Holdings)'s Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Wharf (Holdings)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where The Wharf (Holdings)'s Gross Profit falls into.



The Wharf (Holdings) Gross Profit Calculation

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

The Wharf (Holdings)'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
=2426.439 - 1267.382
=1,159

The Wharf (Holdings)'s Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=900.384 - 369.014
=531

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,151 Mil.

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

The Wharf (Holdings)'s Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=531 / 900.384
=59.02 %

* 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.


The Wharf (Holdings)  (OTCPK:WARFY) 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

The Wharf (Holdings) had a gross margin of 59.02% for the quarter that ended in Jun. 2024 => Durable competitive advantage


The Wharf (Holdings) Gross Profit Related Terms

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The Wharf (Holdings) Business Description

Traded in Other Exchanges
Address
Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
The Wharf (Holdings) Ltd has determined five reportable operating segments for measuring performance and allocating resources. The segments are investment properties, development properties, hotels, logistics, and investments. The investment properties segment mainly includes property leasing & management operations. The development properties segment encompasses activities relating to the acquisition, development, sales, and marketing of the Group's trading properties. The hotel segment includes hotel management in Asia. The logistics segment mainly includes container terminal operations. The investment segment includes a diversified portfolio of listed equity investments. The majority is from the Development Properties segment. Geographically, the majority is from Mainland China.

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