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KoreaAirportService Co (XKRX:005430) Gross Profit : ₩64,904 Mil (TTM As of Dec. 2023)


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What is KoreaAirportService Co Gross Profit?

KoreaAirportService Co's gross profit for the three months ended in Dec. 2023 was ₩15,622 Mil. KoreaAirportService Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩64,904 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. KoreaAirportService Co's gross profit for the three months ended in Dec. 2023 was ₩15,622 Mil. KoreaAirportService Co's Revenue for the three months ended in Dec. 2023 was ₩152,902 Mil. Therefore, KoreaAirportService Co's Gross Margin % for the quarter that ended in Dec. 2023 was 10.22%.

KoreaAirportService Co had a gross margin of 10.22% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of KoreaAirportService Co was 11.92%. The lowest was -8.46%. And the median was 9.47%.


KoreaAirportService Co Gross Profit Historical Data

The historical data trend for KoreaAirportService 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.

KoreaAirportService Co Gross Profit Chart

KoreaAirportService 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 44,362.44 -25,647.69 21,566.67 30,880.58 64,903.70

KoreaAirportService Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15,714.98 2,249.86 19,326.98 27,705.05 15,621.81

Competitive Comparison of KoreaAirportService Co's Gross Profit

For the Airports & Air Services subindustry, KoreaAirportService 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.


KoreaAirportService Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, KoreaAirportService Co's Gross Profit distribution charts can be found below:

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



KoreaAirportService Co Gross Profit Calculation

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

KoreaAirportService 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
=544725.137 - 479821.442
=64,904

KoreaAirportService Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=152902.434 - 137280.62
=15,622

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩64,904 Mil.

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

KoreaAirportService Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=15,622 / 152902.434
=10.22 %

* 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.


KoreaAirportService Co  (XKRX:005430) 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

KoreaAirportService Co had a gross margin of 10.22% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


KoreaAirportService Co Gross Profit Related Terms

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KoreaAirportService Co (XKRX:005430) Business Description

Traded in Other Exchanges
N/A
Address
499-1 Banghwa-dong, Gangseo-gu, Seoul, KOR, 157-220
Korean Air Terminal Service Co Ltd provides various supports in the airports of Korea. The company owns limestone mine, ranch and mineral water factory.

KoreaAirportService Co (XKRX:005430) Headlines

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