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TDH Holdings (TDH Holdings) Gross Profit : $1.03 Mil (TTM As of Dec. 2023)


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What is TDH Holdings Gross Profit?

TDH Holdings's gross profit for the six months ended in Dec. 2023 was $0.55 Mil. TDH Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1.03 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TDH Holdings's gross profit for the six months ended in Dec. 2023 was $0.55 Mil. TDH Holdings's Revenue for the six months ended in Dec. 2023 was $1.62 Mil. Therefore, TDH Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 33.64%.

TDH Holdings had a gross margin of 33.64% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of TDH Holdings was 33.98%. The lowest was -17.12%. And the median was 28.63%.


TDH Holdings Gross Profit Historical Data

The historical data trend for TDH 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.

TDH Holdings Gross Profit Chart

TDH Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only -1.52 0.17 0.31 1.05 1.03

TDH Holdings Semi-Annual Data
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 0.49 0.40 0.65 0.48 0.55

Competitive Comparison of TDH Holdings's Gross Profit

For the Packaged Foods subindustry, TDH 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.


TDH Holdings's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TDH Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where TDH Holdings's Gross Profit falls into.



TDH Holdings Gross Profit Calculation

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

TDH 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
=3.176 - 2.146
=1.03

TDH 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
=1.623 - 1.077
=0.55

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 $1.03 Mil.

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

TDH 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
=0.55 / 1.623
=33.64 %

* 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.


TDH Holdings  (NAS:PETZ) 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

TDH Holdings had a gross margin of 33.64% for the quarter that ended in Dec. 2023 => Competition eroding margins


TDH Holdings Gross Profit Related Terms

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TDH Holdings (TDH Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2521 Tiejueshan Road, Huangdao District, Shandong Province, Qingdao, CHN
TDH Holdings Inc is engaged in the business of manufacturing and selling of petfood and restaurant operations. The company has two operating segments which include Petfood sales and Restaurant business. It has a focus on the Restaurant business segment and generates the majority of its revenue.