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NAVER (XKRX:035420) Gross Profit : ₩9,916,256 Mil (TTM As of Mar. 2024)


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What is NAVER Gross Profit?

NAVER's gross profit for the three months ended in Mar. 2024 was ₩2,526,055 Mil. NAVER's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩9,916,256 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NAVER's gross profit for the three months ended in Mar. 2024 was ₩2,526,055 Mil. NAVER's Revenue for the three months ended in Mar. 2024 was ₩2,526,055 Mil. Therefore, NAVER's Gross Margin % for the quarter that ended in Mar. 2024 was N/A%.

NAVER had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


NAVER Gross Profit Historical Data

The historical data trend for NAVER'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.

NAVER Gross Profit Chart

NAVER 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 4,356,239.67 5,304,145.90 6,817,599.71 8,220,078.71 9,670,643.58

NAVER 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 2,280,442.54 2,407,904.49 2,445,292.49 2,537,004.07 2,526,055.42

Competitive Comparison of NAVER's Gross Profit

For the Internet Content & Information subindustry, NAVER'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.


NAVER's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NAVER's Gross Profit distribution charts can be found below:

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



NAVER Gross Profit Calculation

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

NAVER'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
=9670643.577 - 0
=9,670,644

NAVER's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2526055.416 - 0
=2,526,055

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 ₩9,916,256 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

NAVER'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
=2,526,055 / 2526055.416
=N/A %

* 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.


NAVER  (XKRX:035420) 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

NAVER had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


NAVER Gross Profit Related Terms

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NAVER (XKRX:035420) Business Description

Traded in Other Exchanges
N/A
Address
6, Buljeong-ro, Seongnam, Gyeonggi, Bundang-gu, KOR
Naver has been the leading search portal in South Korea for many years. The company has also been evolving into an internet platform providing a variety of internet services, such as news, dictionary, maps, digital comic content, social networking, e-commerce, videos, fintech services based on online payments, and Cloud services. Naver was also the incubator of Line, the leading mobile messaging app in Japan, Taiwan, Thailand, and Indonesia, which merged with Z Holdings (Yahoo Japan), with Naver now owning 32.5% of the merged entity. Snow, the Snapchat-like mobile app launched in 2015, has also been well received in South Korea, Japan, and other Asian countries.

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