KTK Group Co's gross profit for the
three
months ended in Mar. 2024 was ¥225 Mil. KTK Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,024 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. KTK Group Co's gross profit for the
three
months ended in Mar. 2024 was ¥225 Mil. KTK Group Co's Revenue for the
three
months ended in Mar. 2024 was ¥890 Mil. Therefore, KTK Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 25.30%.
KTK Group Co had a gross margin of 25.30% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 12 years, the highestGross Margin % of KTK Group Co was 40.05%. The lowest was 24.66%. And the median was 32.92%.
Warning Sign:
KTK Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.
KTK Group Co Gross Profit Historical Data
The historical data trend for KTK 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.
Competitive Comparison of KTK Group Co's Gross Profit
For the Railroads subindustry, KTK 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.
KTK Group Co's Gross Profit Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, KTK Group Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where KTK Group Co's Gross Profit falls into.
KTK Group Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
KTK Group Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,024 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.
KTK Group Co (SHSE:603680) 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
KTK Group Co had a gross margin of 25.30% for the quarter that ended in Mar. 2024 => Competition eroding margins
KTK Group Co Gross Profit Related Terms
Thank you for viewing the detailed overview of KTK Group Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
KTK Group Co Ltd is engaged in research and development, production, sales and service of rail transit vehicle accessory products. The company's products are mainly divided into rail transport vehicles interior, electrical and equipment products, covering more than a thousand subdivision products such as door system, seat, and kitchen. Further, it is also engaged in the manufacturing of auxiliary electrical systems, information display systems, coupler systems, brake systems, shock absorption systems and other ancillary products. The company primarily serves global rail transit equipment giants such as China CRRC, Bombardier, Alstom, and Siemens, as well as Chinese urban rail metro customers.
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