GURUFOCUS.COM » STOCK LIST » Technology » Software » Ssang Yong Information & Communications Corp (XKRX:010280) » Definitions » Gross Profit

Ssang Yong Informationmmunications (XKRX:010280) Gross Profit : ₩46,106 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Ssang Yong Informationmmunications Gross Profit?

Ssang Yong Informationmmunications's gross profit for the three months ended in Mar. 2024 was ₩8,397 Mil. Ssang Yong Informationmmunications's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩46,106 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ssang Yong Informationmmunications's gross profit for the three months ended in Mar. 2024 was ₩8,397 Mil. Ssang Yong Informationmmunications's Revenue for the three months ended in Mar. 2024 was ₩67,940 Mil. Therefore, Ssang Yong Informationmmunications's Gross Margin % for the quarter that ended in Mar. 2024 was 12.36%.

Ssang Yong Informationmmunications had a gross margin of 12.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ssang Yong Informationmmunications was 15.08%. The lowest was 4.19%. And the median was 10.80%.


Ssang Yong Informationmmunications Gross Profit Historical Data

The historical data trend for Ssang Yong Informationmmunications'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.

Ssang Yong Informationmmunications Gross Profit Chart

Ssang Yong Informationmmunications 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 13,303.35 5,021.41 36,576.99 44,399.81 50,500.87

Ssang Yong Informationmmunications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12,791.15 10,046.80 10,972.90 16,690.02 8,396.55

Competitive Comparison of Ssang Yong Informationmmunications's Gross Profit

For the Information Technology Services subindustry, Ssang Yong Informationmmunications'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.


Ssang Yong Informationmmunications's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Ssang Yong Informationmmunications's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ssang Yong Informationmmunications's Gross Profit falls into.



Ssang Yong Informationmmunications Gross Profit Calculation

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

Ssang Yong Informationmmunications'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
=392451.834 - 341950.968
=50,501

Ssang Yong Informationmmunications's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=67939.748 - 59543.202
=8,397

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩46,106 Mil.

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

Ssang Yong Informationmmunications'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
=8,397 / 67939.748
=12.36 %

* 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.


Ssang Yong Informationmmunications  (XKRX:010280) 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

Ssang Yong Informationmmunications had a gross margin of 12.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Ssang Yong Informationmmunications Gross Profit Related Terms

Thank you for viewing the detailed overview of Ssang Yong Informationmmunications's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Ssang Yong Informationmmunications (XKRX:010280) Business Description

Traded in Other Exchanges
N/A
Address
Ssangyong Building, 24-1, 2-ga, Jeo-dong, Jung-gu, Seoul, KOR, 100-748
Ssang Yong Information & Communications Corp is an information technology service provider in South Korea. The business areas of the company are system integration, software development and consulting, network integration, and package software development.

Ssang Yong Informationmmunications (XKRX:010280) Headlines

No Headlines