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Crystal International Group (HKSE:02232) Gross Profit : HK$3,267 Mil (TTM As of Dec. 2023)


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What is Crystal International Group Gross Profit?

Crystal International Group's gross profit for the six months ended in Dec. 2023 was HK$1,758 Mil. Crystal International Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,267 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Crystal International Group's gross profit for the six months ended in Dec. 2023 was HK$1,758 Mil. Crystal International Group's Revenue for the six months ended in Dec. 2023 was HK$9,123 Mil. Therefore, Crystal International Group's Gross Margin % for the quarter that ended in Dec. 2023 was 19.27%.

Crystal International Group had a gross margin of 19.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Crystal International Group was 20.31%. The lowest was 16.88%. And the median was 19.09%.


Crystal International Group Gross Profit Historical Data

The historical data trend for Crystal International Group'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.

Crystal International Group Gross Profit Chart

Crystal International Group 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 3,611.06 2,991.20 3,490.91 3,607.37 3,262.79

Crystal International Group Semi-Annual Data
Dec14 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 1,964.33 1,801.16 1,820.60 1,509.07 1,758.19

Competitive Comparison of Crystal International Group's Gross Profit

For the Apparel Manufacturing subindustry, Crystal International Group'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.


Crystal International Group's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crystal International Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Crystal International Group's Gross Profit falls into.



Crystal International Group Gross Profit Calculation

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

Crystal International Group'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
=17004.504 - 13741.718
=3,263

Crystal International Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=9122.924 - 7364.735
=1,758

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$3,267 Mil.

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

Crystal International Group'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
=1,758 / 9122.924
=19.27 %

* 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.


Crystal International Group  (HKSE:02232) 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

Crystal International Group had a gross margin of 19.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Crystal International Group Gross Profit Related Terms

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Crystal International Group (HKSE:02232) Business Description

Traded in Other Exchanges
Address
No. 100 How Ming Street, 5-7th Floor, AXA Tower, Landmark East, Kowloon, Hong Kong, HKG
Crystal International Group Ltd is principally engaged in the manufacturing and trading of garments. Its operating segments include Lifestyle wear, Denim, Intimate, Sweater, Sportswear, and Outdoor Apparel. It generates a majority of its revenue from Lifestyle wear. Geographically, it generates the majority of revenue from the Asia Pacific which includes Japan, China, Hong Kong, and South Korea.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Lo Choy Yuk Ching Yvonne 2101 Beneficial owner
Lo Lok Fung Kenneth 2101 Beneficial owner
Schroders Plc 2102 Investment manager

Crystal International Group (HKSE:02232) Headlines

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