GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chosun Refractories Co Ltd spin off (XKRX:462520) » Definitions » Gross Profit

Chosun Refractories Co spin off (XKRX:462520) Gross Profit : ₩19,268 Mil (TTM As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Chosun Refractories Co spin off Gross Profit?

Chosun Refractories Co spin off's gross profit for the six months ended in Sep. 2023 was ₩19,268 Mil. Chosun Refractories Co spin off's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₩19,268 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chosun Refractories Co spin off's gross profit for the six months ended in Sep. 2023 was ₩19,268 Mil. Chosun Refractories Co spin off's Revenue for the six months ended in Sep. 2023 was ₩123,208 Mil. Therefore, Chosun Refractories Co spin off's Gross Margin % for the quarter that ended in Sep. 2023 was 15.64%.

Chosun Refractories Co spin off had a gross margin of 15.64% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Chosun Refractories Co spin off Gross Profit Historical Data

The historical data trend for Chosun Refractories Co spin off'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.

Chosun Refractories Co spin off Gross Profit Chart

Chosun Refractories Co spin off Annual Data
Trend Dec23
Gross Profit
58,110.70

Chosun Refractories Co spin off Semi-Annual Data
Sep23
Gross Profit 19,268.44

Competitive Comparison of Chosun Refractories Co spin off's Gross Profit

For the Building Materials subindustry, Chosun Refractories Co spin off'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.


Chosun Refractories Co spin off's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chosun Refractories Co spin off's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chosun Refractories Co spin off's Gross Profit falls into.



Chosun Refractories Co spin off Gross Profit Calculation

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

Chosun Refractories Co spin off'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
=279366.908 - 221256.204
=58,111

Chosun Refractories Co spin off's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=123207.715 - 103939.272
=19,268

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₩19,268 Mil.

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

Chosun Refractories Co spin off's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=19,268 / 123207.715
=15.64 %

* 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.


Chosun Refractories Co spin off  (XKRX:462520) 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

Chosun Refractories Co spin off had a gross margin of 15.64% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Chosun Refractories Co spin off Gross Profit Related Terms

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


Chosun Refractories Co spin off (XKRX:462520) Business Description

Traded in Other Exchanges
N/A
Address
55 Saneop-ro, Jeollanam-do, Taein-dong, Gwangyang-si, KOR
Chosun Refractories Co Ltd spin off manufactures general-purpose products and high-functionality products (refractories for continuous casting, special refractories) based on domestic production facilities. Its product offerings comprise Shaped and unshaped refractories, Special alumina bricks, high alumina bricks, casting blocks, castable refractories, metal plating/ shaft alleys for the mortar production refractories industry, technical service for the refractories industry, and manufacturing of industrial furnaces.

Chosun Refractories Co spin off (XKRX:462520) Headlines

No Headlines