GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Incon Co (XKRX:083640) » Definitions » Gross Profit

Incon Co (XKRX:083640) Gross Profit : ₩9,547 Mil (TTM As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Incon Co Gross Profit?

Incon Co's gross profit for the three months ended in Mar. 2024 was ₩1,250 Mil. Incon Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩9,547 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Incon Co's gross profit for the three months ended in Mar. 2024 was ₩1,250 Mil. Incon Co's Revenue for the three months ended in Mar. 2024 was ₩9,247 Mil. Therefore, Incon Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.51%.

Incon Co had a gross margin of 13.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Incon Co was 27.61%. The lowest was 13.58%. And the median was 18.98%.

Warning Sign:

Incon Co gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


Incon Co Gross Profit Historical Data

The historical data trend for Incon 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.

Incon Co Gross Profit Chart

Incon Co 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 5,569.93 9,965.23 7,673.54 8,157.51 9,667.08

Incon Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,369.69 2,475.97 2,346.52 3,474.91 1,249.74

Competitive Comparison of Incon Co's Gross Profit

For the Security & Protection Services subindustry, Incon 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.


Incon Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Incon Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Incon Co's Gross Profit falls into.



Incon Co Gross Profit Calculation

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

Incon 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
=63428.791 - 53761.711
=9,667

Incon Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=9247.449 - 7997.714
=1,250

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 ₩9,547 Mil.

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

Incon Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,250 / 9247.449
=13.51 %

* 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.


Incon Co  (XKRX:083640) 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

Incon Co had a gross margin of 13.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Incon Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Incon Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Incon Co (XKRX:083640) Business Description

Traded in Other Exchanges
N/A
Address
Mario Tower, 7th Floor, 28, Digital-ro 30-gil, Guro-gu, Seoul, KOR, 08389
Incon Co is engaged in manufacturing of video surveillance systems in South Korea. It produces and sells products including security cameras, NVR, AHD camera, network video recorder, network IP camera, video server, software storage, and POS equipment.

Incon Co (XKRX:083640) Headlines

No Headlines