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CSC Financial Co (HKSE:06066) Gross Profit : HK$18,832 Mil (TTM As of Dec. 2023)


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What is CSC Financial Co Gross Profit?

CSC Financial Co's gross profit for the six months ended in Dec. 2023 was HK$5,958 Mil. CSC Financial Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$18,832 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CSC Financial Co's gross profit for the six months ended in Dec. 2023 was HK$5,958 Mil. CSC Financial Co's Revenue for the six months ended in Dec. 2023 was HK$11,210 Mil. Therefore, CSC Financial Co's Gross Margin % for the quarter that ended in Dec. 2023 was 53.15%.

CSC Financial Co had a gross margin of 53.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of CSC Financial Co was 70.58%. The lowest was 45.60%. And the median was 65.18%.

Warning Sign:

CSC Financial Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


CSC Financial Co Gross Profit Historical Data

The historical data trend for CSC Financial 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.

CSC Financial Co Gross Profit Chart

CSC Financial 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 14,196.76 24,314.04 25,952.62 13,792.16 18,831.84

CSC Financial Co Semi-Annual Data
Dec13 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 Premium Member Only 14,652.26 7,119.73 7,009.43 12,873.39 5,958.46

Competitive Comparison of CSC Financial Co's Gross Profit

For the Capital Markets subindustry, CSC Financial 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.


CSC Financial Co's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CSC Financial Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where CSC Financial Co's Gross Profit falls into.



CSC Financial Co Gross Profit Calculation

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

CSC Financial 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
=30649.889 - 11818.054
=18,832

CSC Financial 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
=11209.776 - 5251.312
=5,958

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$18,832 Mil.

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

CSC Financial 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
=5,958 / 11209.776
=53.15 %

* 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.


CSC Financial Co  (HKSE:06066) 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

CSC Financial Co had a gross margin of 53.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage


CSC Financial Co Gross Profit Related Terms

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CSC Financial Co (HKSE:06066) Business Description

Traded in Other Exchanges
Address
No. 188 Chaonei Avenue, Hongan International Building, Dongcheng District, Beijing, CHN, 100010
CSC Financial Co Ltd is engaged in providing capital markets services. The operating segments of the company include investment banking business which includes equity financing business, debt financing business, and financial advisory business; wealth management business which includes brokerage and wealth management business, margin financing, security lending business, and repurchase business; trading and institutional client services business which include equity sales, fixed income sales, and prime brokerage business, and asset management business which include asset management business and fund management business. The company derives the majority of its revenue from the trading and institutional client services segment.
Executives
Wellington Management Group Llp 2102 Investment manager
Bei Jing Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager

CSC Financial Co (HKSE:06066) Headlines

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