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Eagle Nice (International) Holdings (HKSE:02368) Gross Profit : HK$750 Mil (TTM As of Sep. 2023)


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What is Eagle Nice (International) Holdings Gross Profit?

Eagle Nice (International) Holdings's gross profit for the six months ended in Sep. 2023 was HK$518 Mil. Eagle Nice (International) Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$750 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eagle Nice (International) Holdings's gross profit for the six months ended in Sep. 2023 was HK$518 Mil. Eagle Nice (International) Holdings's Revenue for the six months ended in Sep. 2023 was HK$2,522 Mil. Therefore, Eagle Nice (International) Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 20.53%.

Eagle Nice (International) Holdings had a gross margin of 20.53% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Eagle Nice (International) Holdings was 20.08%. The lowest was 13.12%. And the median was 18.05%.


Eagle Nice (International) Holdings Gross Profit Historical Data

The historical data trend for Eagle Nice (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.

Eagle Nice (International) Holdings Gross Profit Chart

Eagle Nice (International) 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 417.77 537.86 652.41 650.22 755.92

Eagle Nice (International) 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 369.67 280.55 523.79 232.13 517.86

Competitive Comparison of Eagle Nice (International) Holdings's Gross Profit

For the Apparel Manufacturing subindustry, Eagle Nice (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.


Eagle Nice (International) Holdings's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eagle Nice (International) Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Eagle Nice (International) Holdings's Gross Profit falls into.



Eagle Nice (International) Holdings Gross Profit Calculation

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

Eagle Nice (International) 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
=4051.107 - 3295.189
=756

Eagle Nice (International) 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
=2521.917 - 2004.054
=518

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$750 Mil.

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

Eagle Nice (International) 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
=518 / 2521.917
=20.53 %

* 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.


Eagle Nice (International) Holdings  (HKSE:02368) 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

Eagle Nice (International) Holdings had a gross margin of 20.53% for the quarter that ended in Sep. 2023 => Competition eroding margins


Eagle Nice (International) Holdings Gross Profit Related Terms

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Eagle Nice (International) Holdings (HKSE:02368) Business Description

Traded in Other Exchanges
N/A
Address
70 Ta Chuen Ping Street, 9th Floor, Tower B, Regent Centre, Units 0902-0903 and 0905-0906, New Territories, Kwai Chung, HKG
Eagle Nice (International) Holdings Ltd is an investment holding company based in Hong Kong. The company, along with its subsidiaries, is primarily engaged in the manufacturing and trading of sportswear and garments. Some of the company's products include down Jackets, Tracksuits, Sweaters, and Sports pants, among others. Geographically, the company's reportable segments are Mainland China, USA, Europe, Japan, and Others. It derives a majority of revenue from Mainland China followed by the US and Europe.
Executives
Webb David Michael 2201 Interest of corporation controlled by you
Chung Yuk Sing 2101 Beneficial owner
Huang Yongbiao 2101 Beneficial owner
Chen Hsiao Ying 2101 Beneficial owner
Pou Chen Corporation 2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited 2201 Interest of corporation controlled by you
Time Easy Investment Holdings Limited
Excel Skill International Limited

Eagle Nice (International) Holdings (HKSE:02368) Headlines

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