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Quoc Cuong Gia Lai JSC (STC:QCG) Gross Profit : ₫72,562 Mil (TTM As of Mar. 2024)


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What is Quoc Cuong Gia Lai JSC Gross Profit?

Quoc Cuong Gia Lai JSC's gross profit for the three months ended in Mar. 2024 was ₫5,897 Mil. Quoc Cuong Gia Lai JSC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₫72,562 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Quoc Cuong Gia Lai JSC's gross profit for the three months ended in Mar. 2024 was ₫5,897 Mil. Quoc Cuong Gia Lai JSC's Revenue for the three months ended in Mar. 2024 was ₫38,742 Mil. Therefore, Quoc Cuong Gia Lai JSC's Gross Margin % for the quarter that ended in Mar. 2024 was 15.22%.

Quoc Cuong Gia Lai JSC had a gross margin of 15.22% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Quoc Cuong Gia Lai JSC was 32.45%. The lowest was -7.30%. And the median was 14.61%.

Warning Sign:

Quoc Cuong Gia Lai JSC gross margin has been in long-term decline. The average rate of decline per year is -8.1%.


Quoc Cuong Gia Lai JSC Gross Profit Historical Data

The historical data trend for Quoc Cuong Gia Lai JSC'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.

Quoc Cuong Gia Lai JSC Gross Profit Chart

Quoc Cuong Gia Lai JSC 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 115,584.60 294,465.71 228,701.79 137,050.84 82,933.86

Quoc Cuong Gia Lai JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16,268.89 5,445.96 21,689.96 39,529.06 5,897.16

Competitive Comparison of Quoc Cuong Gia Lai JSC's Gross Profit

For the Lumber & Wood Production subindustry, Quoc Cuong Gia Lai JSC'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.


Quoc Cuong Gia Lai JSC's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Quoc Cuong Gia Lai JSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Quoc Cuong Gia Lai JSC's Gross Profit falls into.



Quoc Cuong Gia Lai JSC Gross Profit Calculation

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

Quoc Cuong Gia Lai JSC'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
=432354.268 - 349420.406
=82,934

Quoc Cuong Gia Lai JSC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=38741.796 - 32844.638
=5,897

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫72,562 Mil.

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

Quoc Cuong Gia Lai JSC's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=5,897 / 38741.796
=15.22 %

* 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.


Quoc Cuong Gia Lai JSC  (STC:QCG) 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

Quoc Cuong Gia Lai JSC had a gross margin of 15.22% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Quoc Cuong Gia Lai JSC Gross Profit Related Terms

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Quoc Cuong Gia Lai JSC (STC:QCG) Business Description

Traded in Other Exchanges
N/A
Address
Nguyen Chi Thanh, P. Tra Ba District, Pleiku, Gia Lai Province, VNM
Quoc Cuong Gia Lai JSC that offers wood, sawn timber, wood processing and export of wood products, furniture, and outdoor furniture.

Quoc Cuong Gia Lai JSC (STC:QCG) Headlines

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