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WWNTF (Want Want China Holdings) Gross Profit : $1,545 Mil (TTM As of Mar. 2024)


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What is Want Want China Holdings Gross Profit?

Want Want China Holdings's gross profit for the six months ended in Mar. 2024 was $818 Mil. Want Want China Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,545 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Want Want China Holdings's gross profit for the six months ended in Mar. 2024 was $818 Mil. Want Want China Holdings's Revenue for the six months ended in Mar. 2024 was $1,710 Mil. Therefore, Want Want China Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 47.84%.

Want Want China Holdings had a gross margin of 47.84% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Want Want China Holdings was 48.21%. The lowest was 40.24%. And the median was 45.39%.


Want Want China Holdings Gross Profit Historical Data

The historical data trend for Want Want China 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.

Want Want China Holdings Gross Profit Chart

Want Want China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,375.26 1,628.89 1,693.94 1,461.50 1,526.20

Want Want China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 660.79 788.37 698.93 817.92 726.58

Competitive Comparison of Want Want China Holdings's Gross Profit

For the Packaged Foods subindustry, Want Want China 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.


Want Want China Holdings's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Want Want China Holdings's Gross Profit falls into.



Want Want China Holdings Gross Profit Calculation

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

Want Want China Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=3275.196 - 1748.997
=1,526

Want Want China Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1709.576 - 891.659
=818

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,545 Mil.

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

Want Want China Holdings'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
=818 / 1709.576
=47.84 %

* 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.


Want Want China Holdings  (OTCPK:WWNTF) 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

Want Want China Holdings had a gross margin of 47.84% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Want Want China Holdings Gross Profit Related Terms

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Want Want China Holdings Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is leading player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings Headlines

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