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Huvitz Co (XKRX:065510) Gross Profit : ₩55,528 Mil (TTM As of Dec. 2024)


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What is Huvitz Co Gross Profit?

Huvitz Co's gross profit for the three months ended in Dec. 2024 was ₩14,384 Mil. Huvitz Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₩55,528 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Huvitz Co's gross profit for the three months ended in Dec. 2024 was ₩14,384 Mil. Huvitz Co's Revenue for the three months ended in Dec. 2024 was ₩30,044 Mil. Therefore, Huvitz Co's Gross Margin % for the quarter that ended in Dec. 2024 was 47.88%.

Huvitz Co had a gross margin of 47.88% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Huvitz Co was 47.11%. The lowest was 39.55%. And the median was 42.05%.


Huvitz Co Gross Profit Historical Data

The historical data trend for Huvitz 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.

Huvitz Co Gross Profit Chart

Huvitz Co 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 30,000.81 37,580.25 50,170.60 52,927.24 55,528.49

Huvitz Co 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 12,355.66 12,472.62 14,854.93 13,816.97 14,383.97

Competitive Comparison of Huvitz Co's Gross Profit

For the Medical Devices subindustry, Huvitz 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.


Huvitz Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Huvitz Co's Gross Profit distribution charts can be found below:

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


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Huvitz Co Gross Profit Calculation

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

Huvitz Co'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
=117875.14 - 62346.65
=55,528

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=30043.507 - 15659.533
=14,384

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 ₩55,528 Mil.

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

Huvitz Co'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
=14,384 / 30043.507
=47.88 %

* 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.


Huvitz Co  (XKRX:065510) 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

Huvitz Co had a gross margin of 47.88% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Huvitz Co Gross Profit Related Terms

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Huvitz Co Business Description

Traded in Other Exchanges
N/A
Address
689-3 Geumjeong-dong, Gunpo-si, Gyeonggi, KOR, 435-862
Huvitz Co Ltd is engaged in developing and selling optometric medical equipment worldwide. The company offers ophthalmic and optical equipment comprising refractive equipment, such as auto ref/keratometers, auto lensmeters, digital refractors, chart projectors, and unit tables; and diagnostic equipment comprising slit lamps, non-contact tonometers, and applanation tonometers, as well as surgical products.

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