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Chase Asia PCL (BKK:CHASE) Gross Profit : ฿314.1 Mil (TTM As of Sep. 2023)


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What is Chase Asia PCL Gross Profit?

Chase Asia PCL's gross profit for the three months ended in Sep. 2023 was ฿124.6 Mil. Chase Asia PCL's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ฿314.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chase Asia PCL's gross profit for the three months ended in Sep. 2023 was ฿124.6 Mil. Chase Asia PCL's Revenue for the three months ended in Sep. 2023 was ฿178.5 Mil. Therefore, Chase Asia PCL's Gross Margin % for the quarter that ended in Sep. 2023 was 69.81%.

Chase Asia PCL had a gross margin of 69.81% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Chase Asia PCL was 69.50%. The lowest was 63.34%. And the median was 68.74%.


Chase Asia PCL Gross Profit Historical Data

The historical data trend for Chase Asia PCL'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.

Chase Asia PCL Gross Profit Chart

Chase Asia PCL Annual Data
Trend Dec20 Dec21
Gross Profit
496.36 542.85

Chase Asia PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 104.45 95.01 77.92 111.58 124.58

Competitive Comparison of Chase Asia PCL's Gross Profit

For the Credit Services subindustry, Chase Asia PCL'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.


Chase Asia PCL's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chase Asia PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chase Asia PCL's Gross Profit falls into.



Chase Asia PCL Gross Profit Calculation

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

Chase Asia PCL's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=781.073 - 238.227
=542.8

Chase Asia PCL's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=178.454 - 53.872
=124.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿314.1 Mil.

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

Chase Asia PCL'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
=124.6 / 178.454
=69.81 %

* 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.


Chase Asia PCL  (BKK:CHASE) 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

Chase Asia PCL had a gross margin of 69.81% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Chase Asia PCL Gross Profit Related Terms

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Chase Asia PCL (BKK:CHASE) Business Description

Traded in Other Exchanges
N/A
Address
Vibhavadi Rangsit Road, No. 8/9-10 Soi Vibhavadi Rangsit 44, Ladyao Subdistrict, Chatuchak District, Bangkok, THA, 10900
Chase Asia PCL is an investment holding company. The company's segment includes Debt collection service; Management of non-performing assets and Lending service. It generates maximum revenue from the Management of non-performing assets segment.

Chase Asia PCL (BKK:CHASE) Headlines

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