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Orient Overseas (International) (HKSE:00316) Gross Profit : HK$9,044 Mil (TTM As of Dec. 2023)


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What is Orient Overseas (International) Gross Profit?

Orient Overseas (International)'s gross profit for the six months ended in Dec. 2023 was HK$1,972 Mil. Orient Overseas (International)'s gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,044 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Orient Overseas (International)'s gross profit for the six months ended in Dec. 2023 was HK$1,972 Mil. Orient Overseas (International)'s Revenue for the six months ended in Dec. 2023 was HK$29,702 Mil. Therefore, Orient Overseas (International)'s Gross Margin % for the quarter that ended in Dec. 2023 was 6.64%.

Orient Overseas (International) had a gross margin of 6.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Orient Overseas (International) was 52.60%. The lowest was 5.01%. And the median was 11.69%.


Orient Overseas (International) Gross Profit Historical Data

The historical data trend for Orient Overseas (International)'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.

Orient Overseas (International) Gross Profit Chart

Orient Overseas (International) 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 6,318.05 12,319.19 63,761.88 81,159.53 9,022.93

Orient Overseas (International) 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 37,907.01 48,030.62 33,512.64 7,071.65 1,972.22

Competitive Comparison of Orient Overseas (International)'s Gross Profit

For the Marine Shipping subindustry, Orient Overseas (International)'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.


Orient Overseas (International)'s Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Gross Profit falls into.



Orient Overseas (International) Gross Profit Calculation

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

Orient Overseas (International)'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
=65163.854 - 56140.927
=9,023

Orient Overseas (International)'s Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=29702.044 - 27729.82
=1,972

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$9,044 Mil.

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

Orient Overseas (International)'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
=1,972 / 29702.044
=6.64 %

* 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.


Orient Overseas (International)  (HKSE:00316) 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

Orient Overseas (International) had a gross margin of 6.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Orient Overseas (International) Gross Profit Related Terms

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Orient Overseas (International) (HKSE:00316) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG
Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in majorly trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property.
Executives
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Shanghai International Port Group (hk) Co.,ltd. 2201 Interest of corporation controlled by you

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