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Ever Sunshine Services Group (HKSE:01995) Gross Profit : HK$1,371 Mil (TTM As of Dec. 2023)


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What is Ever Sunshine Services Group Gross Profit?

Ever Sunshine Services Group's gross profit for the six months ended in Dec. 2023 was HK$667 Mil. Ever Sunshine Services Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,371 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ever Sunshine Services Group's gross profit for the six months ended in Dec. 2023 was HK$667 Mil. Ever Sunshine Services Group's Revenue for the six months ended in Dec. 2023 was HK$3,668 Mil. Therefore, Ever Sunshine Services Group's Gross Margin % for the quarter that ended in Dec. 2023 was 18.18%.

Ever Sunshine Services Group had a gross margin of 18.18% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Ever Sunshine Services Group was 31.40%. The lowest was 16.10%. And the median was 25.22%.

Warning Sign:

Ever Sunshine Services Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.8%.


Ever Sunshine Services Group Gross Profit Historical Data

The historical data trend for Ever Sunshine Services 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.

Ever Sunshine Services Group Gross Profit Chart

Ever Sunshine Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 618.02 1,161.14 1,591.64 1,444.23 1,370.51

Ever Sunshine Services Group Semi-Annual Data
Dec15 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 836.95 952.86 536.47 703.58 666.94

Competitive Comparison of Ever Sunshine Services Group's Gross Profit

For the Real Estate Services subindustry, Ever Sunshine Services 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.


Ever Sunshine Services Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ever Sunshine Services Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ever Sunshine Services Group's Gross Profit falls into.



Ever Sunshine Services Group Gross Profit Calculation

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

Ever Sunshine Services 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
=7150.495 - 5779.981
=1,371

Ever Sunshine Services 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
=3668.238 - 3001.301
=667

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$1,371 Mil.

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

Ever Sunshine Services 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
=667 / 3668.238
=18.18 %

* 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.


Ever Sunshine Services Group  (HKSE:01995) 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

Ever Sunshine Services Group had a gross margin of 18.18% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Ever Sunshine Services Group Gross Profit Related Terms

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Ever Sunshine Services Group (HKSE:01995) Business Description

Traded in Other Exchanges
N/A
Address
Lane 1088, Shenhong Road, 6th Floor, Building 5, Henderson CIFI Center, Minhang District, Shanghai, CHN
CIFI Ever Sunshine Services Group Ltd is a property management service provider in China. The company's property portfolio includes residential and non-residential properties such as offices, shopping malls, schools, and government buildings. The firm operates in three business lines, namely, property management services, community value-added services, and value-added services to non-property owners. It provides its property management services in China from where it generates the maximum revenue.

Ever Sunshine Services Group (HKSE:01995) Headlines

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