Hygieia Group (HKSE:01650) Gross Profit : HK$52.5 Mil (TTM As of Dec. 2023)

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What is Hygieia Group Gross Profit?

Hygieia Group's gross profit for the six months ended in Dec. 2023 was HK$28.9 Mil. Hygieia Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$52.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hygieia Group's gross profit for the six months ended in Dec. 2023 was HK$28.9 Mil. Hygieia Group's Revenue for the six months ended in Dec. 2023 was HK$207.6 Mil. Therefore, Hygieia Group's Gross Margin % for the quarter that ended in Dec. 2023 was 13.92%.

Hygieia Group had a gross margin of 13.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Hygieia Group was 30.51%. The lowest was 13.51%. And the median was 18.28%.

Warning Sign:

Hygieia Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.2%.

Hygieia Group Gross Profit Historical Data

The historical data trend for Hygieia 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.

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Hygieia Group Gross Profit Chart

Hygieia Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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80.48

128.90

82.66

49.51

52.72

Hygieia Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial									32.37	35.60	13.35	23.64	28.90

Competitive Comparison of Hygieia Group's Gross Profit

For the Specialty Business Services subindustry, Hygieia 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.

Hygieia Group's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hygieia Group's Gross Profit distribution charts can be found below:

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

Hygieia Group Gross Profit Calculation

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

Hygieia 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
	=	390.097	-	337.379
	=	52.7

Hygieia 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
	=	207.648	-	178.75
	=	28.9

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$52.5 Mil.

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

Hygieia 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
	=	28.9	/	207.648
	=	13.92 %

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.

Hygieia Group (HKSE:01650) 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

Hygieia Group had a gross margin of 13.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Hygieia Group Gross Profit Related Terms

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Hygieia Group (HKSE:01650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hygieia Group Ltd (HKSE:01650) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Tagore Drive, No. B1-02, Tagore Industrial Building, Singapore, SGP, 787623

Website

http://www.hygieiagroup.com

Hygieia Group Ltd and its subsidiaries are principally engaged in the provision of cleaning services. The company provide general cleaning works for a variety of public and private venues including a sports stadium, medical centres, shopping malls, commercial and industrial buildings, schools, hotels, private condominiums as well as public access areas in town councils in Singapore.

Executives

Chua Seok Joo	2202 Interest of your spouse
Tek Assets Management Limited	2101 Beneficial owner
Toh Eng Kui	2201 Interest of corporation controlled by you

Hygieia Group (HKSE:01650) Headlines

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