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GSS Energy (SGX:41F) Gross Profit : S$11.8 Mil (TTM As of Dec. 2023)


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What is GSS Energy Gross Profit?

GSS Energy's gross profit for the six months ended in Dec. 2023 was S$5.8 Mil. GSS Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was S$11.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. GSS Energy's gross profit for the six months ended in Dec. 2023 was S$5.8 Mil. GSS Energy's Revenue for the six months ended in Dec. 2023 was S$59.2 Mil. Therefore, GSS Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 9.75%.

GSS Energy had a gross margin of 9.75% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of GSS Energy was 23.65%. The lowest was 9.99%. And the median was 17.17%.

Warning Sign:

GSS Energy Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.3%.


GSS Energy Gross Profit Historical Data

The historical data trend for GSS Energy'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.

GSS Energy Gross Profit Chart

GSS Energy Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.43 18.27 18.28 15.85 11.81

GSS Energy Semi-Annual Data
Aug13 Feb14 Aug14 Jun15 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 9.01 9.84 6.01 6.04 5.77

Competitive Comparison of GSS Energy's Gross Profit

For the Electronic Components subindustry, GSS Energy'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.


GSS Energy's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GSS Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where GSS Energy's Gross Profit falls into.



GSS Energy Gross Profit Calculation

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

GSS Energy'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
=118.198 - 106.386
=11.8

GSS Energy's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=59.216 - 53.445
=5.8

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 S$11.8 Mil.

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

GSS Energy'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
=5.8 / 59.216
=9.75 %

* 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.


GSS Energy  (SGX:41F) 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

GSS Energy had a gross margin of 9.75% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


GSS Energy Gross Profit Related Terms

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GSS Energy (SGX:41F) Business Description

Traded in Other Exchanges
N/A
Address
Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628
GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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