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Digital Daesung Co (XKRX:068930) Gross Profit : ₩94,773 Mil (TTM As of Mar. 2024)


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What is Digital Daesung Co Gross Profit?

Digital Daesung Co's gross profit for the three months ended in Mar. 2024 was ₩18,658 Mil. Digital Daesung Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩94,773 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Digital Daesung Co's gross profit for the three months ended in Mar. 2024 was ₩18,658 Mil. Digital Daesung Co's Revenue for the three months ended in Mar. 2024 was ₩47,178 Mil. Therefore, Digital Daesung Co's Gross Margin % for the quarter that ended in Mar. 2024 was 39.55%.

Digital Daesung Co had a gross margin of 39.55% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Digital Daesung Co was 50.26%. The lowest was 41.13%. And the median was 47.33%.

Warning Sign:

Digital Daesung Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Digital Daesung Co Gross Profit Historical Data

The historical data trend for Digital Daesung 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.

Digital Daesung Co Gross Profit Chart

Digital Daesung 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 67,621.36 61,875.08 80,981.58 91,489.44 95,452.80

Digital Daesung 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 19,337.14 22,392.52 32,967.65 20,755.49 18,657.83

Competitive Comparison of Digital Daesung Co's Gross Profit

For the Education & Training Services subindustry, Digital Daesung 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.


Digital Daesung Co's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Digital Daesung Co's Gross Profit distribution charts can be found below:

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



Digital Daesung Co Gross Profit Calculation

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

Digital Daesung 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
=211548.803 - 116096.002
=95,453

Digital Daesung 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
=47177.82 - 28519.989
=18,658

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 ₩94,773 Mil.

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

Digital Daesung 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
=18,658 / 47177.82
=39.55 %

* 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.


Digital Daesung Co  (XKRX:068930) 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

Digital Daesung Co had a gross margin of 39.55% for the quarter that ended in Mar. 2024 => Competition eroding margins


Digital Daesung Co Gross Profit Related Terms

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Digital Daesung Co (XKRX:068930) Business Description

Traded in Other Exchanges
N/A
Address
Danwoobilding-dong-dong 6-8 Floor, Seocho-gu, Seoul, KOR, 137-060
Digital Daesung Co Ltd is a South Korea based company engaged in providing online and off-line educational programs to primary and high school students. The company offers college entrance test preparatory courses, testing, e-learning, and college admission advisory services.

Digital Daesung Co (XKRX:068930) Headlines

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