Rykadan Capital's gross profit for the
six
months ended in Sep. 2023 was HK$-13.01 Mil. Rykadan Capital's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-23.49 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Rykadan Capital's gross profit for the
six
months ended in Sep. 2023 was HK$-13.01 Mil. Rykadan Capital's Revenue for the
six
months ended in Sep. 2023 was HK$5.43 Mil. Therefore, Rykadan Capital's Gross Margin % for the quarter that ended in Sep. 2023 was -239.50%.
Rykadan Capital had a gross margin of -239.50% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of Rykadan Capital was 47.54%. The lowest was -227.21%. And the median was 25.78%.
Warning Sign:
Rykadan Capital Ltd gross margin has been in long-term decline. The average rate of decline per year is -37.1%.
Rykadan Capital Gross Profit Historical Data
The historical data trend for Rykadan Capital'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.
Competitive Comparison of Rykadan Capital's Gross Profit
For the Real Estate - Development subindustry, Rykadan Capital'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.
Rykadan Capital's Gross Profit Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Rykadan Capital's Gross Profit distribution charts can be found below:
* The bar in red indicates where Rykadan Capital's Gross Profit falls into.
Rykadan Capital Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Rykadan Capital's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as
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$-23.49 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Rykadan Capital (HKSE:02288) 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
Rykadan Capital had a gross margin of -239.50% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage
Rykadan Capital Gross Profit Related Terms
Thank you for viewing the detailed overview of Rykadan Capital's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Rykadan Capital Ltd is an investment holding company. Its businesses are Property development, Property investment, Asset investment and fund management, and Distribution of construction and interior decorative materials. The key revenue is derived from the Property development segment which comprises repositioning and value enhancement of property with a focus on development projects in prime locations in Hong Kong, the United Kingdom, and the United States. Geographically, it derives a majority of revenue from the United Kingdom.
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