J&T Global Express's gross profit for the
six
months ended in Dec. 2023 was HK$2,181 Mil. J&T Global Express's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,697 Mil.
J&T Global Express had a gross margin of 5.80% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 4 years, the highestGross Margin % of J&T Global Express was 5.34%. The lowest was -17.03%. And the median was -7.48%.
J&T Global Express Gross Profit Historical Data
The historical data trend for J&T Global Express'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.
Competitive Comparison of J&T Global Express's Gross Profit
For the Integrated Freight & Logistics subindustry, J&T Global Express'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.
J&T Global Express's Gross Profit Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, J&T Global Express's Gross Profit distribution charts can be found below:
* The bar in red indicates where J&T Global Express's Gross Profit falls into.
J&T Global Express Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
J&T Global Express's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$3,697 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
J&T Global Express (HKSE:01519) 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
J&T Global Express had a gross margin of 5.80% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
J&T Global Express Gross Profit Related Terms
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J&T Global Express (HKSE:01519) Business Description
J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.
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