Chi Kan Holdings's gross profit for the
six
months ended in Sep. 2023 was HK$131 Mil. Chi Kan Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$232 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Chi Kan Holdings's gross profit for the
six
months ended in Sep. 2023 was HK$131 Mil. Chi Kan Holdings's Revenue for the
six
months ended in Sep. 2023 was HK$749 Mil. Therefore, Chi Kan Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 17.55%.
Chi Kan Holdings had a gross margin of 17.55% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage
During the past 6 years, the highestGross Margin % of Chi Kan Holdings was 20.48%. The lowest was 7.35%. And the median was 10.66%.
Chi Kan Holdings Gross Profit Historical Data
The historical data trend for Chi Kan 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.
Competitive Comparison of Chi Kan Holdings's Gross Profit
For the Engineering & Construction subindustry, Chi Kan 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.
Chi Kan Holdings's Gross Profit Distribution in the Construction Industry
For the Construction industry and Industrials sector, Chi Kan Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Chi Kan Holdings's Gross Profit falls into.
Chi Kan Holdings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Chi Kan Holdings's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as
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$232 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Chi Kan Holdings (HKSE:09913) 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
Chi Kan Holdings had a gross margin of 17.55% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage
Chi Kan Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Chi Kan Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Chi Kan Holdings (HKSE:09913) Business Description
Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The Company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminium and steel. It also provides other construction services, including plastering, installing curtain walls and other miscellaneous works on an ancillary basis. It derives all its revenue from Hong Kong.
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