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Sands China (STU:599A) Gross Profit : €3,624 Mil (TTM As of Dec. 2023)


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What is Sands China Gross Profit?

Sands China's gross profit for the six months ended in Dec. 2023 was €1,974 Mil. Sands China's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €3,624 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sands China's gross profit for the six months ended in Dec. 2023 was €1,974 Mil. Sands China's Revenue for the six months ended in Dec. 2023 was €3,337 Mil. Therefore, Sands China's Gross Margin % for the quarter that ended in Dec. 2023 was 59.16%.

Sands China had a gross margin of 59.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sands China was 64.86%. The lowest was 53.46%. And the median was 58.79%.


Sands China Gross Profit Historical Data

The historical data trend for Sands China'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.

Sands China Gross Profit Chart

Sands China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,659.30 835.97 1,575.30 982.70 3,612.98

Sands China Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 687.65 566.65 417.25 1,649.40 1,974.30

Competitive Comparison of Sands China's Gross Profit

For the Resorts & Casinos subindustry, Sands China'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.


Sands China's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sands China's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sands China's Gross Profit falls into.



Sands China Gross Profit Calculation

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

Sands China'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
=5991.678 - 2378.698
=3,613

Sands China's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3336.963 - 1362.662
=1,974

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 €3,624 Mil.

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

Sands China'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
=1,974 / 3336.963
=59.16 %

* 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.


Sands China  (STU:599A) 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

Sands China had a gross margin of 59.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Sands China Gross Profit Related Terms

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Sands China (STU:599A) Business Description

Traded in Other Exchanges
Address
Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices, L2, Taipa, MAC
Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 24% market share in the Macao gaming sector in terms of gross gaming revenue as of the prepandemic 2019 levels. Las Vegas Sands has a 70% stake in Sands China.

Sands China (STU:599A) Headlines

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