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Salmones Camanchaca (XSGO:SALMOCAM) Gross Profit : CLP14,852 Mil (TTM As of Mar. 2024)


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What is Salmones Camanchaca Gross Profit?

Salmones Camanchaca's gross profit for the three months ended in Mar. 2024 was CLP5,105 Mil. Salmones Camanchaca's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was CLP14,852 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Salmones Camanchaca's gross profit for the three months ended in Mar. 2024 was CLP5,105 Mil. Salmones Camanchaca's Revenue for the three months ended in Mar. 2024 was CLP102,222 Mil. Therefore, Salmones Camanchaca's Gross Margin % for the quarter that ended in Mar. 2024 was 4.99%.

Salmones Camanchaca had a gross margin of 4.99% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Salmones Camanchaca was 31.28%. The lowest was 0.08%. And the median was 16.00%.

Warning Sign:

Salmones Camanchaca SA gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


Salmones Camanchaca Gross Profit Historical Data

The historical data trend for Salmones Camanchaca'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.

Salmones Camanchaca Gross Profit Chart

Salmones Camanchaca 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 63,662.03 156.00 3,783.78 68,372.41 33,538.74

Salmones Camanchaca 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 21,330.58 3,980.49 3,932.97 1,833.20 5,105.01

Competitive Comparison of Salmones Camanchaca's Gross Profit

For the Farm Products subindustry, Salmones Camanchaca'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.


Salmones Camanchaca's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

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



Salmones Camanchaca Gross Profit Calculation

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

Salmones Camanchaca'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
=308949.221 - 275410.483
=33,539

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=102222.443 - 97117.431
=5,105

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 CLP14,852 Mil.

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

Salmones Camanchaca'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
=5,105 / 102222.443
=4.99 %

* 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.


Salmones Camanchaca  (XSGO:SALMOCAM) 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

Salmones Camanchaca had a gross margin of 4.99% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Salmones Camanchaca Gross Profit Related Terms

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Salmones Camanchaca (XSGO:SALMOCAM) Business Description

Traded in Other Exchanges
Address
Diego Portales 2000, Floor 13, Puerto Montt, CHL
Salmones Camanchaca SA is engaged in the fishing industry. The company is into breeding, producing, marketing and farming salmon and other species or organisms whose normal and frequent environment is water, including research and development of salmonidae genetics, farming, cultivating, processing, producing and marketing seafood. The products of company are Atlantic salmon, Coho salmon and others. The majority of the sales of company is in the United States.

Salmones Camanchaca (XSGO:SALMOCAM) Headlines

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