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Accel Group Holdings (HKSE:01283) Gross Profit : HK$90.4 Mil (TTM As of Sep. 2023)


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What is Accel Group Holdings Gross Profit?

Accel Group Holdings's gross profit for the six months ended in Sep. 2023 was HK$40.8 Mil. Accel Group Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$90.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Accel Group Holdings's gross profit for the six months ended in Sep. 2023 was HK$40.8 Mil. Accel Group Holdings's Revenue for the six months ended in Sep. 2023 was HK$282.3 Mil. Therefore, Accel Group Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 14.45%.

Accel Group Holdings had a gross margin of 14.45% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of Accel Group Holdings was 27.18%. The lowest was 14.89%. And the median was 22.24%.

Warning Sign:

Accel Group Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.


Accel Group Holdings Gross Profit Historical Data

The historical data trend for Accel Group Holdings'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.

Accel Group Holdings Gross Profit Chart

Accel Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial 81.01 116.19 102.60 107.51 94.94

Accel Group Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.49 51.03 45.36 49.58 40.80

Competitive Comparison of Accel Group Holdings's Gross Profit

For the Engineering & Construction subindustry, Accel Group Holdings'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.


Accel Group Holdings's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Accel Group Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Accel Group Holdings's Gross Profit falls into.



Accel Group Holdings Gross Profit Calculation

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

Accel Group Holdings's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=538.492 - 443.556
=94.9

Accel Group Holdings's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=282.337 - 241.538
=40.8

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$90.4 Mil.

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

Accel Group Holdings'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
=40.8 / 282.337
=14.45 %

* 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.


Accel Group Holdings  (HKSE:01283) 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

Accel Group Holdings had a gross margin of 14.45% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Accel Group Holdings Gross Profit Related Terms

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Accel Group Holdings (HKSE:01283) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Hoi Shing Road, Unit A, 19/F TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG
Accel Group Holdings Ltd is an electrical and mechanical (E&M) engineering services provider. The company's main business is to install E&M facilities for various developers, including the installation of an air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. Geographically, it derives revenue from Hong Kong.
Executives
Lightspeed Limited 2101 Beneficial owner
Cheung Mei Lan 2202 Interest of your spouse
Ko Lai Hung 2101 Beneficial owner

Accel Group Holdings (HKSE:01283) Headlines

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