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Shinwon Construction Co (XKRX:017000) Gross Profit : ₩14,590 Mil (TTM As of Mar. 2024)


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What is Shinwon Construction Co Gross Profit?

Shinwon Construction Co's gross profit for the three months ended in Mar. 2024 was ₩5,270 Mil. Shinwon Construction Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩14,590 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shinwon Construction Co's gross profit for the three months ended in Mar. 2024 was ₩5,270 Mil. Shinwon Construction Co's Revenue for the three months ended in Mar. 2024 was ₩65,393 Mil. Therefore, Shinwon Construction Co's Gross Margin % for the quarter that ended in Mar. 2024 was 8.06%.

Shinwon Construction Co had a gross margin of 8.06% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Shinwon Construction Co was 12.89%. The lowest was 4.17%. And the median was 8.07%.

Warning Sign:

Shinwon Construction Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -13%.


Shinwon Construction Co Gross Profit Historical Data

The historical data trend for Shinwon Construction 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.

Shinwon Construction Co Gross Profit Chart

Shinwon Construction 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 20,047.92 9,760.70 13,752.27 11,413.31 12,920.05

Shinwon Construction Co 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 3,600.20 2,746.48 3,090.07 3,483.30 5,269.71

Competitive Comparison of Shinwon Construction Co's Gross Profit

For the Engineering & Construction subindustry, Shinwon Construction 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.


Shinwon Construction Co's Gross Profit Distribution in the Construction Industry

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

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



Shinwon Construction Co Gross Profit Calculation

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

Shinwon Construction 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
=309755.353 - 296835.306
=12,920

Shinwon Construction Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=65393.055 - 60123.349
=5,270

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 ₩14,590 Mil.

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

Shinwon Construction Co'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
=5,270 / 65393.055
=8.06 %

* 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.


Shinwon Construction Co  (XKRX:017000) 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

Shinwon Construction Co had a gross margin of 8.06% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Shinwon Construction Co Gross Profit Related Terms

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Shinwon Construction Co (XKRX:017000) Business Description

Traded in Other Exchanges
N/A
Address
13th Floor KTF Building, 1321-11 Seocho-dong Seocho-gu, Seoul, KOR, 137-070
Shinwon Construction Co Ltd is a South Korean company engaged in construction and civil engineering works. The company majorly focuses on the construction of apartments.

Shinwon Construction Co (XKRX:017000) Headlines

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