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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Gross Profit : $253.8 Mil (TTM As of Dec. 2023)


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What is Hutchison Telecommunications Hong Kong Holdings Lt Gross Profit?

Hutchison Telecommunications Hong Kong Holdings Lt's gross profit for the six months ended in Dec. 2023 was $129.2 Mil. Hutchison Telecommunications Hong Kong Holdings Lt's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $253.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hutchison Telecommunications Hong Kong Holdings Lt's gross profit for the six months ended in Dec. 2023 was $129.2 Mil. Hutchison Telecommunications Hong Kong Holdings Lt's Revenue for the six months ended in Dec. 2023 was $328.8 Mil. Therefore, Hutchison Telecommunications Hong Kong Holdings Lt's Gross Margin % for the quarter that ended in Dec. 2023 was 39.29%.

Hutchison Telecommunications Hong Kong Holdings Lt had a gross margin of 39.29% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hutchison Telecommunications Hong Kong Holdings Lt was 45.35%. The lowest was 24.64%. And the median was 36.94%.


Hutchison Telecommunications Hong Kong Holdings Lt Gross Profit Historical Data

The historical data trend for Hutchison Telecommunications Hong Kong Holdings Lt'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.

Hutchison Telecommunications Hong Kong Holdings Lt Gross Profit Chart

Hutchison Telecommunications Hong Kong Holdings Lt 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 305.72 265.87 248.37 238.52 254.17

Hutchison Telecommunications Hong Kong Holdings Lt 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 123.35 113.40 124.21 124.60 129.20

Competitive Comparison of Hutchison Telecommunications Hong Kong Holdings Lt's Gross Profit

For the Telecom Services subindustry, Hutchison Telecommunications Hong Kong Holdings Lt'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.


Hutchison Telecommunications Hong Kong Holdings Lt's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hutchison Telecommunications Hong Kong Holdings Lt's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hutchison Telecommunications Hong Kong Holdings Lt's Gross Profit falls into.



Hutchison Telecommunications Hong Kong Holdings Lt Gross Profit Calculation

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

Hutchison Telecommunications Hong Kong Holdings Lt'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
=626.905 - 372.737
=254.2

Hutchison Telecommunications Hong Kong Holdings Lt's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=328.818 - 199.621
=129.2

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 $253.8 Mil.

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

Hutchison Telecommunications Hong Kong Holdings Lt'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
=129.2 / 328.818
=39.29 %

* 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.


Hutchison Telecommunications Hong Kong Holdings Lt  (OTCPK:HTHKY) 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

Hutchison Telecommunications Hong Kong Holdings Lt had a gross margin of 39.29% for the quarter that ended in Dec. 2023 => Competition eroding margins


Hutchison Telecommunications Hong Kong Holdings Lt Gross Profit Related Terms

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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. The company offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. It provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.