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Fire Rock Holdings (HKSE:01909) Gross Profit : HK$107.5 Mil (TTM As of Dec. 2023)


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What is Fire Rock Holdings Gross Profit?

Fire Rock Holdings's gross profit for the six months ended in Dec. 2023 was HK$55.0 Mil. Fire Rock Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$107.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fire Rock Holdings's gross profit for the six months ended in Dec. 2023 was HK$55.0 Mil. Fire Rock Holdings's Revenue for the six months ended in Dec. 2023 was HK$70.4 Mil. Therefore, Fire Rock Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 78.11%.

Fire Rock Holdings had a gross margin of 78.11% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Fire Rock Holdings was 93.49%. The lowest was 66.57%. And the median was 84.74%.

Warning Sign:

Fire Rock Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.8%.


Fire Rock Holdings Gross Profit Historical Data

The historical data trend for Fire Rock 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.

Fire Rock Holdings Gross Profit Chart

Fire Rock Holdings 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 316.36 540.09 867.08 76.59 107.54

Fire Rock Holdings Semi-Annual Data
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 468.23 37.90 38.69 52.56 54.98

Competitive Comparison of Fire Rock Holdings's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Fire Rock 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.


Fire Rock Holdings's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fire Rock Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fire Rock Holdings's Gross Profit falls into.



Fire Rock Holdings Gross Profit Calculation

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

Fire Rock Holdings'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
=134.927 - 27.388
=107.5

Fire Rock Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=70.387 - 15.409
=55.0

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$107.5 Mil.

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

Fire Rock Holdings'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
=55.0 / 70.387
=78.11 %

* 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.


Fire Rock Holdings  (HKSE:01909) 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

Fire Rock Holdings had a gross margin of 78.11% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Fire Rock Holdings Gross Profit Related Terms

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Fire Rock Holdings (HKSE:01909) Business Description

Traded in Other Exchanges
N/A
Address
20 Science Park Road, Unit 02–25 Teletech Park, Singapore, SGP, 117674
Fire Rock Holdings Ltd is an investment holding company engaged in the development of browser and mobile games. It is also involved in game design, programming, and graphics and licensing game products to other game operators. Its segments are Game & software development and Game operation. The company offers games in different language versions. The games of the company include g-game, number drop, kings and legends, heroines of three kingdoms and hero's crown, and much more. Its geographical segments are the People's Republic of China, Europe, Asia Pacific, and North America.
Executives
Zhang Yan 2201 Interest of corporation controlled by you
Sulfulon International Limited 2101 Beneficial owner
Hu Po 2101 Beneficial owner
Zhang Xiongfeng 2101 Beneficial owner

Fire Rock Holdings (HKSE:01909) Headlines

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