Cowon Play Co (XKRX:056000) Gross Profit : ₩801 Mil (TTM As of Sep. 2022)

Cowon Play Co Gross Profit Chart

Cowon Play Co Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Gross Profit		Get a 7-Day Free Trial					13,265.31	10,337.18	5,984.42	7,366.22	2,754.01

Cowon Play Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Gross Profit	Get a 7-Day Free Trial															690.91	388.16	101.62	225.34	85.99

Competitive Comparison of Cowon Play Co's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Cowon Play 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.

Cowon Play Co's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cowon Play Co's Gross Profit distribution charts can be found below:

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

Cowon Play Co Gross Profit Calculation

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

Cowon Play Co's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Cowon Play Co's Gross Profit for the quarter that ended in Sep. 2022 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩801 Mil.

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

Cowon Play Co's Gross Margin % for the quarter that ended in Sep. 2022 is calculated as

* 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.

Cowon Play Co  (XKRX:056000) 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

Cowon Play Co had a gross margin of 26.74% for the quarter that ended in Sep. 2022 => Competition eroding margins

Cowon Play Co Gross Profit Related Terms

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Cowon Play Co Business Description