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Huashi Group Holdings (HKSE:01111) Gross Profit : HK$163.9 Mil (TTM As of Dec. 2022)


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What is Huashi Group Holdings Gross Profit?

Huashi Group Holdings's gross profit for the six months ended in Dec. 2022 was HK$115.3 Mil. Huashi Group Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was HK$163.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Huashi Group Holdings's gross profit for the six months ended in Dec. 2022 was HK$115.3 Mil. Huashi Group Holdings's Revenue for the six months ended in Dec. 2022 was HK$231.3 Mil. Therefore, Huashi Group Holdings's Gross Margin % for the quarter that ended in Dec. 2022 was 49.86%.

Huashi Group Holdings had a gross margin of 49.86% for the quarter that ended in Dec. 2022 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Huashi Group Holdings was 63.84%. The lowest was 36.58%. And the median was 41.46%.

Huashi Group Holdings Gross Profit Historical Data

The historical data trend for Huashi Group Holdings'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.

Huashi Group Holdings Gross Profit Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
50.84 70.62 115.34 163.92

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Gross Profit 50.84 70.62 115.34 163.92

Competitive Comparison of Huashi Group Holdings's Gross Profit

For the Advertising Agencies subindustry, Huashi Group Holdings'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.

Huashi Group Holdings's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huashi Group Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Huashi Group Holdings's Gross Profit falls into.


Huashi Group Holdings Gross Profit Calculation

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

Huashi Group Holdings's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=231.346 - 116.006
=115.3

Huashi Group Holdings's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=231.346 - 116.006
=115.3

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 was HK$163.9 Mil.

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

Huashi Group Holdings's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=115.3 / 231.346
=49.86 %

* 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.

Huashi Group Holdings  (HKSE:01111) 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

Huashi Group Holdings had a gross margin of 49.86% for the quarter that ended in Dec. 2022 => Durable competitive advantage

Huashi Group Holdings Gross Profit Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Gross Profit
Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Website
http://www.youmeimu.com
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.
Executives
Chen Jicheng 2201 Interest of corporation controlled by you
Wang Shujin 2201 Interest of corporation controlled by you
Nie Xing 2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si 2101 Beneficial owner

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