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Beijing Gas Blue Sky Holdings (HKSE:06828) Gross Profit : HK$65 Mil (TTM As of Dec. 2023)


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What is Beijing Gas Blue Sky Holdings Gross Profit?

Beijing Gas Blue Sky Holdings's gross profit for the six months ended in Dec. 2023 was HK$21 Mil. Beijing Gas Blue Sky Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Gas Blue Sky Holdings's gross profit for the six months ended in Dec. 2023 was HK$21 Mil. Beijing Gas Blue Sky Holdings's Revenue for the six months ended in Dec. 2023 was HK$959 Mil. Therefore, Beijing Gas Blue Sky Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 2.17%.

Beijing Gas Blue Sky Holdings had a gross margin of 2.17% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Beijing Gas Blue Sky Holdings was 12.36%. The lowest was -4.63%. And the median was 7.92%.

Warning Sign:

Beijing Gas Blue Sky Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -22.5%.


Beijing Gas Blue Sky Holdings Gross Profit Historical Data

The historical data trend for Beijing Gas Blue Sky 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.

Beijing Gas Blue Sky Holdings Gross Profit Chart

Beijing Gas Blue Sky 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 224.51 155.25 119.34 49.58 65.37

Beijing Gas Blue Sky Holdings Semi-Annual Data
Jun14 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 72.22 40.64 8.94 44.60 20.77

Competitive Comparison of Beijing Gas Blue Sky Holdings's Gross Profit

For the Utilities - Regulated Gas subindustry, Beijing Gas Blue Sky 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.


Beijing Gas Blue Sky Holdings's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Gas Blue Sky Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Gas Blue Sky Holdings's Gross Profit falls into.



Beijing Gas Blue Sky Holdings Gross Profit Calculation

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

Beijing Gas Blue Sky 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
=2150.279 - 2084.905
=65

Beijing Gas Blue Sky 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
=958.829 - 938.059
=21

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$65 Mil.

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

Beijing Gas Blue Sky 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
=21 / 958.829
=2.17 %

* 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.


Beijing Gas Blue Sky Holdings  (HKSE:06828) 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

Beijing Gas Blue Sky Holdings had a gross margin of 2.17% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Beijing Gas Blue Sky Holdings Gross Profit Related Terms

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Beijing Gas Blue Sky Holdings (HKSE:06828) Business Description

Traded in Other Exchanges
Address
200 Connaught Road, Room 3402-4, 34th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Beijing Gas Blue Sky Holdings Ltd is an investment holding company engaged in the sales of natural gas and other related products. It operates in the segments of Natural gas refueling stations, Trading, and distribution of natural gas, Direct supply to industrial users, and City GasCity gas operation segment. The group's operations are located in Mainland China.

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