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Shun Ho Holdings (HKSE:00253) Gross Profit : HK$193.8 Mil (TTM As of Dec. 2023)


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What is Shun Ho Holdings Gross Profit?

Shun Ho Holdings's gross profit for the six months ended in Dec. 2023 was HK$104.2 Mil. Shun Ho Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$193.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shun Ho Holdings's gross profit for the six months ended in Dec. 2023 was HK$104.2 Mil. Shun Ho Holdings's Revenue for the six months ended in Dec. 2023 was HK$355.0 Mil. Therefore, Shun Ho Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 29.34%.

Shun Ho Holdings had a gross margin of 29.34% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shun Ho Holdings was 54.34%. The lowest was 30.98%. And the median was 45.47%.

Warning Sign:

Shun Ho Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Shun Ho Holdings Gross Profit Historical Data

The historical data trend for Shun Ho 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.

Shun Ho Holdings Gross Profit Chart

Shun Ho Holdings 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 203.21 120.18 172.42 279.91 193.79

Shun Ho Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 84.36 203.50 76.41 89.64 104.15

Competitive Comparison of Shun Ho Holdings's Gross Profit

For the Lodging subindustry, Shun Ho 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.


Shun Ho Holdings's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shun Ho Holdings's Gross Profit falls into.



Shun Ho Holdings Gross Profit Calculation

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

Shun Ho Holdings'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
=606.035 - 412.246
=193.8

Shun Ho Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=355.002 - 250.85
=104.2

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$193.8 Mil.

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

Shun Ho Holdings'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
=104.2 / 355.002
=29.34 %

* 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.


Shun Ho Holdings  (HKSE:00253) 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

Shun Ho Holdings had a gross margin of 29.34% for the quarter that ended in Dec. 2023 => Competition eroding margins


Shun Ho Holdings Gross Profit Related Terms

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Shun Ho Holdings (HKSE:00253) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Shun Ho Holdings Ltd is engaged in the investment and operation of hotels, property investment and securities investment. Its segments include Hospitality services which cover Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, Wood Street Hotel; Property investment segment which includes 633 King's Road, Shun Ho Tower and Shops, hotel and residential properties; and securities investment segment. It derives prime revenue from the Hospitality services segment. The group's operations are located in Hong Kong, the PRC and the UK.

Shun Ho Holdings (HKSE:00253) Headlines

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