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Chemical Works of Gedeon Richter (BUD:RICHTER) Gross Profit : Ft1,033,938 Mil (TTM As of Dec. 2023)


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What is Chemical Works of Gedeon Richter Gross Profit?

Chemical Works of Gedeon Richter's gross profit for the three months ended in Dec. 2023 was Ft386,305 Mil. Chemical Works of Gedeon Richter's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was Ft1,033,938 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chemical Works of Gedeon Richter's gross profit for the three months ended in Dec. 2023 was Ft386,305 Mil. Chemical Works of Gedeon Richter's Revenue for the three months ended in Dec. 2023 was Ft616,614 Mil. Therefore, Chemical Works of Gedeon Richter's Gross Margin % for the quarter that ended in Dec. 2023 was 62.65%.

Chemical Works of Gedeon Richter had a gross margin of 62.65% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Chemical Works of Gedeon Richter was 64.75%. The lowest was 54.70%. And the median was 57.17%.


Chemical Works of Gedeon Richter Gross Profit Historical Data

The historical data trend for Chemical Works of Gedeon Richter'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.

Chemical Works of Gedeon Richter Gross Profit Chart

Chemical Works of Gedeon Richter 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 277,779.00 318,770.00 349,273.00 460,464.00 521,324.00

Chemical Works of Gedeon Richter Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 329,791.00 127,363.00 128,944.00 391,326.00 386,305.00

Competitive Comparison of Chemical Works of Gedeon Richter's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Chemical Works of Gedeon Richter'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.


Chemical Works of Gedeon Richter's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chemical Works of Gedeon Richter's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chemical Works of Gedeon Richter's Gross Profit falls into.



Chemical Works of Gedeon Richter Gross Profit Calculation

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

Chemical Works of Gedeon Richter'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
=805158 - 283834
=521,324

Chemical Works of Gedeon Richter's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=616614 - 230309
=386,305

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was Ft1,033,938 Mil.

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

Chemical Works of Gedeon Richter's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=386,305 / 616614
=62.65 %

* 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.


Chemical Works of Gedeon Richter  (BUD:RICHTER) 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

Chemical Works of Gedeon Richter had a gross margin of 62.65% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Chemical Works of Gedeon Richter Gross Profit Related Terms

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Chemical Works of Gedeon Richter (BUD:RICHTER) Business Description

Traded in Other Exchanges
Address
Gyomroi ut 19-21, Budapest, HUN, 1103
Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular and central nervous system products. It manufactures medicines including original, generic and licenced products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharmaceuticals segment comprising the research and development, manufacturing, sales and marketing of pharmaceutical products, and Wholesale and Retail segment for the products of the company. The company operates internationally and the majority of its revenue is generated from the Pharmaceuticals segment.

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