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A-Living Smart City Services Co (HKSE:03319) Gross Profit : HK$2,894 Mil (TTM As of Dec. 2023)


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What is A-Living Smart City Services Co Gross Profit?

A-Living Smart City Services Co's gross profit for the six months ended in Dec. 2023 was HK$1,173 Mil. A-Living Smart City Services Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,894 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. A-Living Smart City Services Co's gross profit for the six months ended in Dec. 2023 was HK$1,173 Mil. A-Living Smart City Services Co's Revenue for the six months ended in Dec. 2023 was HK$8,471 Mil. Therefore, A-Living Smart City Services Co's Gross Margin % for the quarter that ended in Dec. 2023 was 13.84%.

A-Living Smart City Services Co had a gross margin of 13.84% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of A-Living Smart City Services Co was 38.20%. The lowest was 11.96%. And the median was 26.26%.

Warning Sign:

A-Living Smart City Services Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.8%.


A-Living Smart City Services Co Gross Profit Historical Data

The historical data trend for A-Living Smart City Services Co'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.

A-Living Smart City Services Co Gross Profit Chart

A-Living Smart City Services Co 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 2,095.15 3,524.33 4,737.15 3,778.94 2,893.65

A-Living Smart City Services Co Semi-Annual Data
Dec14 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 Premium Member Only 2,442.63 2,406.09 1,486.74 1,721.13 1,172.52

Competitive Comparison of A-Living Smart City Services Co's Gross Profit

For the Real Estate Services subindustry, A-Living Smart City Services Co'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.


A-Living Smart City Services Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where A-Living Smart City Services Co's Gross Profit falls into.



A-Living Smart City Services Co Gross Profit Calculation

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

A-Living Smart City Services Co'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
=16891.718 - 13998.071
=2,894

A-Living Smart City Services Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=8471.249 - 7298.728
=1,173

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$2,894 Mil.

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

A-Living Smart City Services Co'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
=1,173 / 8471.249
=13.84 %

* 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.


A-Living Smart City Services Co  (HKSE:03319) 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

A-Living Smart City Services Co had a gross margin of 13.84% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


A-Living Smart City Services Co Gross Profit Related Terms

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A-Living Smart City Services Co (HKSE:03319) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

A-Living Smart City Services Co (HKSE:03319) Headlines

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