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Handok (XKRX:002390) Gross Profit : ₩157,414 Mil (TTM As of Dec. 2024)


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What is Handok Gross Profit?

Handok's gross profit for the three months ended in Dec. 2024 was ₩35,995 Mil. Handok's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₩157,414 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Handok's gross profit for the three months ended in Dec. 2024 was ₩35,995 Mil. Handok's Revenue for the three months ended in Dec. 2024 was ₩121,285 Mil. Therefore, Handok's Gross Margin % for the quarter that ended in Dec. 2024 was 29.68%.

Handok had a gross margin of 29.68% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Handok was 35.32%. The lowest was 31.03%. And the median was 32.28%.

Warning Sign:

Handok Inc gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Handok Gross Profit Historical Data

The historical data trend for Handok'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.

Handok Gross Profit Chart

Handok Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168,391.26 167,548.22 173,713.82 166,347.66 157,413.92

Handok Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36,675.86 43,489.86 41,612.20 36,316.91 35,994.96

Competitive Comparison of Handok's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Handok'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.


Handok's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Handok's Gross Profit distribution charts can be found below:

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


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Handok Gross Profit Calculation

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

Handok's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=507358.329 - 349944.409
=157,414

Handok's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=121284.946 - 85289.987
=35,995

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩157,414 Mil.

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

Handok's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=35,995 / 121284.946
=29.68 %

* 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.


Handok  (XKRX:002390) 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

Handok had a gross margin of 29.68% for the quarter that ended in Dec. 2024 => Competition eroding margins


Handok Gross Profit Related Terms

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Handok Business Description

Traded in Other Exchanges
N/A
Address
132 Teheran Street, Gangnam-gu, Seoul, KOR, 06235
Handok Inc is engaged in the healthcare sector. It is one of the leading pharmaceutical companies in Korea involved in the development of prescription drugs and OTC drugs, medical devices and in-vitro diagnostics. Its products address major diseases such as diabetes, hypertension and cardiovascular diseases.

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