Mercury Securities Group Bhd (XKLS:0285) Gross Profit : RM17.86 Mil (TTM As of Oct. 2023)

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What is Mercury Securities Group Bhd Gross Profit?

Mercury Securities Group Bhd's gross profit for the six months ended in Oct. 2023 was RM10.06 Mil. Mercury Securities Group Bhd's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was RM17.86 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mercury Securities Group Bhd's gross profit for the six months ended in Oct. 2023 was RM10.06 Mil. Mercury Securities Group Bhd's Revenue for the six months ended in Oct. 2023 was RM15.97 Mil. Therefore, Mercury Securities Group Bhd's Gross Margin % for the quarter that ended in Oct. 2023 was 63.00%.

Mercury Securities Group Bhd had a gross margin of 63.00% for the quarter that ended in Oct. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Mercury Securities Group Bhd was 65.19%. The lowest was 43.88%. And the median was 49.74%.

Mercury Securities Group Bhd Gross Profit Historical Data

The historical data trend for Mercury Securities Group Bhd'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.

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Mercury Securities Group Bhd Gross Profit Chart

Mercury Securities Group Bhd Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Gross Profit

13.83

22.06

30.35

23.50

17.86

Mercury Securities Group Bhd Semi-Annual Data
	Oct19	Oct20	Oct21	Apr22	Oct22	Apr23	Oct23
Gross Profit	Get a 7-Day Free Trial			-	13.50	10.00	7.81	10.06

Competitive Comparison of Mercury Securities Group Bhd's Gross Profit

For the Capital Markets subindustry, Mercury Securities Group Bhd'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.

Mercury Securities Group Bhd's Gross Profit Distribution in the Capital Markets Industry

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

* The bar in red indicates where Mercury Securities Group Bhd's Gross Profit falls into.

Mercury Securities Group Bhd Gross Profit Calculation

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

Mercury Securities Group Bhd's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	27.405	-	9.541
	=	17.86

Mercury Securities Group Bhd's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	15.966	-	5.908
	=	10.06

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM17.86 Mil.

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

Mercury Securities Group Bhd's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )	=	Gross Profit (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	10.06	/	15.966
	=	63.00 %

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.

Mercury Securities Group Bhd (XKLS:0285) 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

Mercury Securities Group Bhd had a gross margin of 63.00% for the quarter that ended in Oct. 2023 => Durable competitive advantage

Mercury Securities Group Bhd Gross Profit Related Terms

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Mercury Securities Group Bhd (XKLS:0285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercury Securities Group Bhd (XKLS:0285) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480

Website

https://www.mercurysecurities.com.my

Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

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