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Come Sure Group holdings (HKSE:00794) Gross Profit : HK$105.0 Mil (TTM As of Sep. 2023)


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What is Come Sure Group holdings Gross Profit?

Come Sure Group holdings's gross profit for the six months ended in Sep. 2023 was HK$67.2 Mil. Come Sure Group holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$105.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Come Sure Group holdings's gross profit for the six months ended in Sep. 2023 was HK$67.2 Mil. Come Sure Group holdings's Revenue for the six months ended in Sep. 2023 was HK$385.9 Mil. Therefore, Come Sure Group holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 17.42%.

Come Sure Group holdings had a gross margin of 17.42% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Come Sure Group holdings was 22.74%. The lowest was 15.03%. And the median was 20.50%.

Warning Sign:

Come Sure Group holdings gross margin has been in long-term decline. The average rate of decline per year is -7.3%.


Come Sure Group holdings Gross Profit Historical Data

The historical data trend for Come Sure Group 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.

Come Sure Group holdings Gross Profit Chart

Come Sure Group 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 217.94 203.41 226.39 182.26 118.29

Come Sure Group 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 82.52 99.74 80.49 37.80 67.22

Competitive Comparison of Come Sure Group holdings's Gross Profit

For the Paper & Paper Products subindustry, Come Sure Group 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.


Come Sure Group holdings's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Come Sure Group holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Come Sure Group holdings's Gross Profit falls into.



Come Sure Group holdings Gross Profit Calculation

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

Come Sure Group 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
=787.078 - 668.789
=118.3

Come Sure Group 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
=385.899 - 318.678
=67.2

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$105.0 Mil.

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

Come Sure Group 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
=67.2 / 385.899
=17.42 %

* 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.


Come Sure Group holdings  (HKSE:00794) 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

Come Sure Group holdings had a gross margin of 17.42% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Come Sure Group holdings Gross Profit Related Terms

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Come Sure Group holdings (HKSE:00794) Business Description

Traded in Other Exchanges
N/A
Address
50 Wing Tai Road, Units 8-10, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Come Sure Group holdings an investment holding company. The company's operating segment includes Corrugated products; Offset printed corrugated products and Properties leasing. Corrugated products segment is engaged in the manufacture and sale of corrugated board and corrugated paper-based packing products. The Offset printed corrugated products are related to the manufacture and sale of offset printed corrugated products, and Properties leasing conduct properties leased in Hong Kong for rental income. It generates maximum revenue from the Corrugated products segment. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Macau.
Executives
Perfect Group Version Limited
Hsbc International Trustee Limited 2301 Trustee
Chan Po Ting
Chong Kam Chau
Chong Kam Shing
Chong Wa Ching
Chong Wa Lam
Chong Wa Pan
Hung Woon Cheuk
Yuen Chung Yan
Jade City Assets Limited 2201 Interest of corporation controlled by you

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