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Asia Resource Minerals (LSE:ARMS) Gross Profit : £113.8 Mil (TTM As of Dec. 2014)


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What is Asia Resource Minerals Gross Profit?

Asia Resource Minerals's gross profit for the six months ended in Dec. 2014 was £67.7 Mil. Asia Resource Minerals's gross profit for the trailing twelve months (TTM) ended in Dec. 2014 was £113.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asia Resource Minerals's gross profit for the six months ended in Dec. 2014 was £67.7 Mil. Asia Resource Minerals's Revenue for the six months ended in Dec. 2014 was £422.4 Mil. Therefore, Asia Resource Minerals's Gross Margin % for the quarter that ended in Dec. 2014 was 16.04%.

Asia Resource Minerals had a gross margin of 16.04% for the quarter that ended in Dec. 2014 => No sustainable competitive advantage


Asia Resource Minerals Gross Profit Historical Data

The historical data trend for Asia Resource Minerals'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.

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Asia Resource Minerals Gross Profit Chart

Asia Resource Minerals Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Gross Profit
- 340.90 243.27 97.60 117.58

Asia Resource Minerals Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Gross Profit Get a 7-Day Free Trial 119.47 68.37 32.94 46.10 67.73

Competitive Comparison of Asia Resource Minerals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Asia Resource Minerals'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.


Asia Resource Minerals's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asia Resource Minerals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asia Resource Minerals's Gross Profit falls into.



Asia Resource Minerals Gross Profit Calculation

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

Asia Resource Minerals's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=873.513 - 755.937
=117.6

Asia Resource Minerals's Gross Profit for the quarter that ended in Dec. 2014 is calculated as

Gross Profit (Q: Dec. 2014 )=Revenue - Cost of Goods Sold
=422.379 - 354.645
=67.7

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £113.8 Mil.

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

Asia Resource Minerals's Gross Margin % for the quarter that ended in Dec. 2014 is calculated as

Gross Margin % (Q: Dec. 2014 )=Gross Profit (Q: Dec. 2014 ) / Revenue (Q: Dec. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=67.7 / 422.379
=16.04 %

* 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.


Asia Resource Minerals  (LSE:ARMS) 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

Asia Resource Minerals had a gross margin of 16.04% for the quarter that ended in Dec. 2014 => No sustainable competitive advantage


Asia Resource Minerals Gross Profit Related Terms

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Asia Resource Minerals (LSE:ARMS) Business Description

Traded in Other Exchanges
N/A
Address
Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

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