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Readen Holding (Readen Holding) Gross Profit : $0.00 Mil (TTM As of . 20)


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What is Readen Holding Gross Profit?

Readen Holding's gross profit for the three months ended in . 20 was $0.00 Mil. Readen Holding's gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Readen Holding's gross profit for the three months ended in . 20 was $0.00 Mil. Readen Holding's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Readen Holding's Gross Margin % for the quarter that ended in . 20 was N/A%.

Readen Holding had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Readen Holding Gross Profit Historical Data

The historical data trend for Readen Holding'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.

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Readen Holding Gross Profit Chart

Readen Holding Annual Data
Trend
Gross Profit

Readen Holding Quarterly Data
Gross Profit

Competitive Comparison of Readen Holding's Gross Profit

For the Asset Management subindustry, Readen Holding'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.


Readen Holding's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Readen Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where Readen Holding's Gross Profit falls into.



Readen Holding Gross Profit Calculation

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

Readen Holding's Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Readen Holding's Gross Profit for the quarter that ended in . 20 is calculated as

Gross Profit (Q: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Gross Profit for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Readen Holding's Gross Margin % for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
=N/A %

* 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.


Readen Holding  (OTCPK:RHCO) 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

Readen Holding had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Readen Holding Gross Profit Related Terms

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Readen Holding (Readen Holding) Business Description

Traded in Other Exchanges
N/A
Address
9 Hoi Shing Road, 3301 Cable TV Tower, Tsuen Wan, HKG
Readen Holding Corp is a venture capital organization and shareholder of companies operating in different industries. It is a holding company, holding multiple projects and businesses in a wide variety of industries, such as Fintech, Payments, E-Commerce, and Other Investments.