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Guotai Junan International Holdings (HKSE:01788) Gross Profit : HK$2,327 Mil (TTM As of Dec. 2023)


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What is Guotai Junan International Holdings Gross Profit?

Guotai Junan International Holdings's gross profit for the six months ended in Dec. 2023 was HK$1,214 Mil. Guotai Junan International Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,327 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Guotai Junan International Holdings's gross profit for the six months ended in Dec. 2023 was HK$1,214 Mil. Guotai Junan International Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,674 Mil. Therefore, Guotai Junan International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 72.51%.

Guotai Junan International Holdings had a gross margin of 72.51% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Guotai Junan International Holdings was 77.22%. The lowest was 63.66%. And the median was 74.11%.

Warning Sign:

Guotai Junan International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Guotai Junan International Holdings Gross Profit Historical Data

The historical data trend for Guotai Junan International 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.

Guotai Junan International Holdings Gross Profit Chart

Guotai Junan International 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 3,278.35 3,572.24 2,959.15 1,473.68 2,326.83

Guotai Junan International 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 1,075.83 802.25 671.43 1,112.84 1,213.99

Competitive Comparison of Guotai Junan International Holdings's Gross Profit

For the Capital Markets subindustry, Guotai Junan International 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.


Guotai Junan International Holdings's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guotai Junan International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Guotai Junan International Holdings's Gross Profit falls into.



Guotai Junan International Holdings Gross Profit Calculation

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

Guotai Junan International 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
=3217.372 - 890.54
=2,327

Guotai Junan International 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
=1674.317 - 460.328
=1,214

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$2,327 Mil.

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

Guotai Junan International 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
=1,214 / 1674.317
=72.51 %

* 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.


Guotai Junan International Holdings  (HKSE:01788) 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

Guotai Junan International Holdings had a gross margin of 72.51% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Guotai Junan International Holdings Gross Profit Related Terms

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Guotai Junan International Holdings (HKSE:01788) Business Description

Traded in Other Exchanges
N/A
Address
No. 181 Queen’s Road Central, 27th Floor, Low Block, Grand Millennium Plaza, Central, Hong Kong, HKG
Guotai Junan International Holdings Ltd is an investment holding company with its subsidiaries engaged in providing financial services. The company operates in five segments: corporate finance, which provides advisory services, placing & underwriting services of debts and equity securities; institutional investor services segment provides market-making, investments, structured product solutions, lending, and other services; wealth management segment provides financial services and solutions to individual investors & small to medium-sized businesses and institutions; investment management is engaged in asset management and fund management services and also includes investment in funds, debts, and equity securities; and Others segment. The vast majority of its revenue comes from Hong Kong.

Guotai Junan International Holdings (HKSE:01788) Headlines

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