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Beijing UBOX Online Technology (HKSE:02429) Gross Profit : HK$1,191 Mil (TTM As of Dec. 2023)


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What is Beijing UBOX Online Technology Gross Profit?

Beijing UBOX Online Technology's gross profit for the six months ended in Dec. 2023 was HK$624 Mil. Beijing UBOX Online Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,191 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing UBOX Online Technology's gross profit for the six months ended in Dec. 2023 was HK$624 Mil. Beijing UBOX Online Technology's Revenue for the six months ended in Dec. 2023 was HK$1,552 Mil. Therefore, Beijing UBOX Online Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 40.21%.

Beijing UBOX Online Technology had a gross margin of 40.21% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Beijing UBOX Online Technology was 48.73%. The lowest was 29.37%. And the median was 41.14%.


Beijing UBOX Online Technology Gross Profit Historical Data

The historical data trend for Beijing UBOX Online Technology'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.

Beijing UBOX Online Technology Gross Profit Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
1,479.06 662.14 1,348.29 1,202.41 1,190.76

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial - 598.10 632.62 566.55 624.21

Competitive Comparison of Beijing UBOX Online Technology's Gross Profit

For the Business Equipment & Supplies subindustry, Beijing UBOX Online Technology'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.


Beijing UBOX Online Technology's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's Gross Profit falls into.



Beijing UBOX Online Technology Gross Profit Calculation

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

Beijing UBOX Online Technology'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
=2922.599 - 1731.836
=1,191

Beijing UBOX Online Technology's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1552.446 - 928.234
=624

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$1,191 Mil.

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

Beijing UBOX Online Technology'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
=624 / 1552.446
=40.21 %

* 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.


Beijing UBOX Online Technology  (HKSE:02429) 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

Beijing UBOX Online Technology had a gross margin of 40.21% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Beijing UBOX Online Technology Gross Profit Related Terms

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Beijing UBOX Online Technology (HKSE:02429) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.

Beijing UBOX Online Technology (HKSE:02429) Headlines

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