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Abundance International (SGX:541) Gross Profit : S$26.4 Mil (TTM As of Jun. 2023)


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What is Abundance International Gross Profit?

Abundance International's gross profit for the six months ended in Jun. 2023 was S$13.3 Mil. Abundance International's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was S$26.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Abundance International's gross profit for the six months ended in Jun. 2023 was S$13.3 Mil. Abundance International's Revenue for the six months ended in Jun. 2023 was S$384.4 Mil. Therefore, Abundance International's Gross Margin % for the quarter that ended in Jun. 2023 was 3.46%.

Abundance International had a gross margin of 3.46% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Abundance International was 54.82%. The lowest was 3.36%. And the median was 4.54%.


Abundance International Gross Profit Historical Data

The historical data trend for Abundance International'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.

Abundance International Gross Profit Chart

Abundance International Annual Data
Trend Sep12 Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.10 21.79 23.43 43.11 35.53

Abundance International Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 21.05 21.59 22.94 13.14 13.28

Competitive Comparison of Abundance International's Gross Profit

For the Chemicals subindustry, Abundance International'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.


Abundance International's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Abundance International's Gross Profit distribution charts can be found below:

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



Abundance International Gross Profit Calculation

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

Abundance International's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=769.557 - 734.024
=35.5

Abundance International's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=384.382 - 371.098
=13.3

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$26.4 Mil.

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

Abundance International's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=13.3 / 384.382
=3.46 %

* 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.


Abundance International  (SGX:541) 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

Abundance International had a gross margin of 3.46% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


Abundance International Gross Profit Related Terms

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Abundance International (SGX:541) Business Description

Traded in Other Exchanges
N/A
Address
9 Joo Koon Circle, Singapore, SGP, 629041
Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

Abundance International (SGX:541) Headlines

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