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P&K Skin Research Center Co (XKRX:347740) Gross Profit : ₩7,470 Mil (TTM As of Mar. 2024)


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What is P&K Skin Research Center Co Gross Profit?

P&K Skin Research Center Co's gross profit for the three months ended in Mar. 2024 was ₩2,186 Mil. P&K Skin Research Center Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩7,470 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. P&K Skin Research Center Co's gross profit for the three months ended in Mar. 2024 was ₩2,186 Mil. P&K Skin Research Center Co's Revenue for the three months ended in Mar. 2024 was ₩4,186 Mil. Therefore, P&K Skin Research Center Co's Gross Margin % for the quarter that ended in Mar. 2024 was 52.23%.

P&K Skin Research Center Co had a gross margin of 52.23% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of P&K Skin Research Center Co was 76.50%. The lowest was 48.19%. And the median was 70.39%.

Warning Sign:

P&K Skin Research Center Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


P&K Skin Research Center Co Gross Profit Historical Data

The historical data trend for P&K Skin Research Center 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.

P&K Skin Research Center Co Gross Profit Chart

P&K Skin Research Center Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 9,149.94 10,330.65 11,297.84 11,113.33 7,199.01

P&K Skin Research Center 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 1,915.61 1,248.04 1,544.32 2,491.05 2,186.29

Competitive Comparison of P&K Skin Research Center Co's Gross Profit

For the Diagnostics & Research subindustry, P&K Skin Research Center 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.


P&K Skin Research Center Co's Gross Profit Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, P&K Skin Research Center Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where P&K Skin Research Center Co's Gross Profit falls into.



P&K Skin Research Center Co Gross Profit Calculation

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

P&K Skin Research Center 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
=14842.604 - 7643.59
=7,199

P&K Skin Research Center 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
=4185.846 - 1999.558
=2,186

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 ₩7,470 Mil.

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

P&K Skin Research Center 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
=2,186 / 4185.846
=52.23 %

* 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.


P&K Skin Research Center Co  (XKRX:347740) 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

P&K Skin Research Center Co had a gross margin of 52.23% for the quarter that ended in Mar. 2024 => Durable competitive advantage


P&K Skin Research Center Co Gross Profit Related Terms

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P&K Skin Research Center Co (XKRX:347740) Business Description

Traded in Other Exchanges
N/A
Address
National Assembly Road 62 -25 Yeongdeungpo-gu, Education Facility Disaster Relief Society Building, 4th Floor, Seoul, KOR, 07236
P&K Skin Research Center Co Ltd is a skin research center. It provides clinical tests for new cosmetics, raw materials, and cosmeceuticals. The company provides skin irritation tests, Stimulation tests, skin wrinkle evaluation, skin texture evaluation, skin whitening evaluation, sweat proof evaluation, skin density measurement, scalp flakiness evaluation, and hair root evaluation. Also, the company provides health food tests, sensory tests, and In Vitro tests.

P&K Skin Research Center Co (XKRX:347740) Headlines

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