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Asia Paper Mfg Co (XKRX:002310) Gross Profit : ₩168,896 Mil (TTM As of Jun. 2024)


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What is Asia Paper Mfg Co Gross Profit?

Asia Paper Mfg Co's gross profit for the three months ended in Jun. 2024 was ₩37,531 Mil. Asia Paper Mfg Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ₩168,896 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asia Paper Mfg Co's gross profit for the three months ended in Jun. 2024 was ₩37,531 Mil. Asia Paper Mfg Co's Revenue for the three months ended in Jun. 2024 was ₩227,720 Mil. Therefore, Asia Paper Mfg Co's Gross Margin % for the quarter that ended in Jun. 2024 was 16.48%.

Asia Paper Mfg Co had a gross margin of 16.48% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Asia Paper Mfg Co was 22.64%. The lowest was 10.27%. And the median was 19.91%.

Warning Sign:

Asia Paper Mfg Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Asia Paper Mfg Co Gross Profit Historical Data

The historical data trend for Asia Paper Mfg Co'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.

Asia Paper Mfg Co Gross Profit Chart

Asia Paper Mfg Co 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 148,198.71 147,977.99 185,294.71 212,572.18 189,180.26

Asia Paper Mfg Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 53,439.92 47,054.25 42,955.19 41,355.09 37,531.16

Competitive Comparison of Asia Paper Mfg Co's Gross Profit

For the Paper & Paper Products subindustry, Asia Paper Mfg Co'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.


Asia Paper Mfg Co's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Asia Paper Mfg Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asia Paper Mfg Co's Gross Profit falls into.



Asia Paper Mfg Co Gross Profit Calculation

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

Asia Paper Mfg Co'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
=908334.402 - 719154.14
=189,180

Asia Paper Mfg Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=227720.098 - 190188.94
=37,531

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩168,896 Mil.

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

Asia Paper Mfg Co'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
=37,531 / 227720.098
=16.48 %

* 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.


Asia Paper Mfg Co  (XKRX:002310) 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

Asia Paper Mfg Co had a gross margin of 16.48% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Asia Paper Mfg Co Gross Profit Related Terms

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Asia Paper Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
726 Yoksam Dong, Asia Tower, Kangnam-Ku, Seoul, KOR, 135-921
Asia Paper Mfg Co Ltd is a Korea based paper making company. It is engaged in the manufacturing and marketing of corrugated cardboard used for packaging. The products offered by the company includes test linerboard, gypsum linerboard and kraft paper.

Asia Paper Mfg Co Headlines

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