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Hevol Services Group Co (HKSE:06093) Gross Profit : HK$368 Mil (TTM As of Dec. 2023)


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What is Hevol Services Group Co Gross Profit?

Hevol Services Group Co's gross profit for the six months ended in Dec. 2023 was HK$150 Mil. Hevol Services Group Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$368 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hevol Services Group Co's gross profit for the six months ended in Dec. 2023 was HK$150 Mil. Hevol Services Group Co's Revenue for the six months ended in Dec. 2023 was HK$729 Mil. Therefore, Hevol Services Group Co's Gross Margin % for the quarter that ended in Dec. 2023 was 20.58%.

Hevol Services Group Co had a gross margin of 20.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Hevol Services Group Co was 35.86%. The lowest was 25.60%. And the median was 33.81%.

Warning Sign:

Hevol Services Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


Hevol Services Group Co Gross Profit Historical Data

The historical data trend for Hevol Services Group Co'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.

Hevol Services Group Co Gross Profit Chart

Hevol Services Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 93.62 176.52 323.50 329.78 367.75

Hevol Services Group Co Semi-Annual Data
Dec16 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 188.15 176.81 161.34 217.74 150.01

Competitive Comparison of Hevol Services Group Co's Gross Profit

For the Real Estate Services subindustry, Hevol Services Group Co'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.


Hevol Services Group Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hevol Services Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hevol Services Group Co's Gross Profit falls into.



Hevol Services Group Co Gross Profit Calculation

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

Hevol Services Group Co'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
=1436.441 - 1068.695
=368

Hevol Services Group Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=728.933 - 578.922
=150

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$368 Mil.

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

Hevol Services Group Co'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
=150 / 728.933
=20.58 %

* 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.


Hevol Services Group Co  (HKSE:06093) 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

Hevol Services Group Co had a gross margin of 20.58% for the quarter that ended in Dec. 2023 => Competition eroding margins


Hevol Services Group Co Gross Profit Related Terms

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Hevol Services Group Co (HKSE:06093) Business Description

Traded in Other Exchanges
N/A
Address
No. 18A Zhongguancun South Street, 16th Floor, Block D, Newlogo International Building, Haidian District, Beijing, CHN, 100081
Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.
Executives
Brilliant Brother Group Limited 2101 Beneficial owner
Liu Hong 2202 Interest of your spouse
Liu Jiang 2201 Interest of corporation controlled by you

Hevol Services Group Co (HKSE:06093) Headlines

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