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Kwoon Chung Bus Holdings (HKSE:00306) Gross Profit : HK$258 Mil (TTM As of Sep. 2023)


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What is Kwoon Chung Bus Holdings Gross Profit?

Kwoon Chung Bus Holdings's gross profit for the six months ended in Sep. 2023 was HK$180 Mil. Kwoon Chung Bus Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$258 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kwoon Chung Bus Holdings's gross profit for the six months ended in Sep. 2023 was HK$180 Mil. Kwoon Chung Bus Holdings's Revenue for the six months ended in Sep. 2023 was HK$893 Mil. Therefore, Kwoon Chung Bus Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 20.20%.

Kwoon Chung Bus Holdings had a gross margin of 20.20% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Kwoon Chung Bus Holdings was 27.52%. The lowest was -6.87%. And the median was 22.14%.


Kwoon Chung Bus Holdings Gross Profit Historical Data

The historical data trend for Kwoon Chung Bus 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.

Kwoon Chung Bus Holdings Gross Profit Chart

Kwoon Chung Bus Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 641.27 367.51 -74.48 60.71 78.17

Kwoon Chung Bus Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.33 53.38 0.32 77.85 180.45

Competitive Comparison of Kwoon Chung Bus Holdings's Gross Profit

For the Railroads subindustry, Kwoon Chung Bus 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.


Kwoon Chung Bus Holdings's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kwoon Chung Bus Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kwoon Chung Bus Holdings's Gross Profit falls into.



Kwoon Chung Bus Holdings Gross Profit Calculation

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

Kwoon Chung Bus Holdings's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=1311.312 - 1233.142
=78

Kwoon Chung Bus Holdings's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=893.308 - 712.86
=180

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$258 Mil.

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

Kwoon Chung Bus Holdings's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=180 / 893.308
=20.20 %

* 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.


Kwoon Chung Bus Holdings  (HKSE:00306) 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

Kwoon Chung Bus Holdings had a gross margin of 20.20% for the quarter that ended in Sep. 2023 => Competition eroding margins


Kwoon Chung Bus Holdings Gross Profit Related Terms

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Kwoon Chung Bus Holdings (HKSE:00306) Business Description

Traded in Other Exchanges
N/A
Address
8 Chong Fu Road, 3rd Floor, Chai Wan, Hong Kong, HKG
Kwoon Chung Bus Holdings Ltd is engaged in transportation businesses. The company's operating segment includes a Non-franchised Bus; Limousine; Franchised Bus and PLB; Mainland China Business and Others. It generates maximum revenue from the Non-franchised bus segment. The Non-franchised bus segment includes the provision of non-franchised bus hire services in Hong Kong, cross-boundary passenger transportation services (other than limousine hire services) between Hong Kong and Mainland China, and other related services.
Executives
Cathay International Corporation 2101 Beneficial owner
Basic Faith Company Limited 2101 Beneficial owner
Infinity Faith International Company Limited 2201 Interest of corporation controlled by you
Ng Lai Yee, Christina 2202 Interest of your spouse
Wong Leung Pak Matthew 2201 Interest of corporation controlled by you

Kwoon Chung Bus Holdings (HKSE:00306) Headlines

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