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A8 New Media Group (HKSE:00800) Gross Profit : HK$55.73 Mil (TTM As of Dec. 2023)


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What is A8 New Media Group Gross Profit?

A8 New Media Group's gross profit for the six months ended in Dec. 2023 was HK$24.09 Mil. A8 New Media Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$55.73 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. A8 New Media Group's gross profit for the six months ended in Dec. 2023 was HK$24.09 Mil. A8 New Media Group's Revenue for the six months ended in Dec. 2023 was HK$33.99 Mil. Therefore, A8 New Media Group's Gross Margin % for the quarter that ended in Dec. 2023 was 70.88%.

A8 New Media Group had a gross margin of 70.88% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of A8 New Media Group was 76.94%. The lowest was 28.02%. And the median was 50.95%.


A8 New Media Group Gross Profit Historical Data

The historical data trend for A8 New Media Group'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.

A8 New Media Group Gross Profit Chart

A8 New Media Group 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 64.49 83.28 73.65 68.00 55.73

A8 New Media Group 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 32.59 35.82 33.88 31.64 24.09

Competitive Comparison of A8 New Media Group's Gross Profit

For the Conglomerates subindustry, A8 New Media Group'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.


A8 New Media Group's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, A8 New Media Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where A8 New Media Group's Gross Profit falls into.



A8 New Media Group Gross Profit Calculation

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

A8 New Media Group'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
=75.009 - 19.275
=55.73

A8 New Media Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=33.987 - 9.898
=24.09

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 HK$55.73 Mil.

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

A8 New Media Group'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
=24.09 / 33.987
=70.88 %

* 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.


A8 New Media Group  (HKSE:00800) 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

A8 New Media Group had a gross margin of 70.88% for the quarter that ended in Dec. 2023 => Durable competitive advantage


A8 New Media Group Gross Profit Related Terms

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A8 New Media Group (HKSE:00800) Business Description

Traded in Other Exchanges
N/A
Address
No. 1002 Keyuan Road, 25th Floor, A8 Music Building, Hi-tech Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518054
A8 New Media Group Ltd is an investment holding company. It is organized into business units based on their services and has two reportable operating segments as follows: the cultural business segment engages in the provision of music-based entertainment, film and television production and game-related services in the People's Republic of China, and the Property Investment segment invests in properties for rental and management fee income in the People's Republic of China. Majority of the revenue derives from Property Investment segment.
Executives
Liu Xiaosong 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Prime Century Technology Limited 2101 Beneficial owner
Ever Novel Holdings Limited 2101 Beneficial owner

A8 New Media Group (HKSE:00800) Headlines

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