What is Profit and Loss (P/L)?

Profit and Loss (P/L) refers to the calculation of profit and loss from buying and selling cryptocurrency in a specific period.

XSpring Digital uses weighted average to calculate the cost of each cryptocurrency and then calculates the P/L. The results are presented as percentages and values in Thai Baht that customers hold. This information can be used for further investment analysis and planning.

Example:

Trade 1:

Customer A invests 500,000 Thai Baht to buy BTC. The market price of BTC is 977,208 Baht, with a trading fee of 0.15%.

Quantity received by Customer A: 0.51089430 BTC, with a net amount of 499,998.88 Baht.

Calculation of Quantity

Quantity = [(Placed amount / Market price) - (Fee x Placed amount / Market price)]

= (500,000 / 977,208) - (0.15% x (500,000 / 977,208))

= 0.51089430 BTC

or calculating the fee in Thai Baht from the example above, the process for calculating the amount of coins received is as follows:

Quantity = (Placed amount * (100/(100+fee)) / Market price

= 500,000 * (100/100.15) / 977,208

= 0.51089544 BTC

Trade 2:

Customer A invests an additional 800,000 Baht to buy BTC.
The market price of BTC is 1,054,145.08 Baht, with a trading fee of 0.15%.

Quantity received by Customer A: 0.75777046 BTC, with a net amount of 799,998.20 Baht.

Total cost: 1,299,997.08 Baht (499,998.88 + 799,998.20)

Total quantity: 1.26866476 BTC (0.51089430 + 0.75777046)

Average unit cost: 1,024,697.08 Baht (total cost/quantity)

Trade 3:

Customer A sells 200,000 Baht worth of BTC.
The market price of BTC is 1,023,158.17 Baht, with a trading fee of 0.15%.

Quantity sold by Customer A: 0.19517999 BTC worth 199,700.00 Baht.

Remaining quantity: 1.07348477 BTC; total cost: 1,099,997.53 Baht.

Trade 4:

Customer A invests an additional 350,000 Baht to buy BTC.
The market price of BTC is 991,273.00 Baht, with a trading fee of 0.15%.

Quantity received by Customer A: 0.35255172 BTC, with a net amount of 349,999.21 Baht.

Summary of Customer A's investment portfolio:

Total cost: 1,449,996.74 Baht (1,099,997.52 + 349,999.21)

Total quantity: 1.42603649 BTC (1.07348477 + 0.35255172)

Average unit cost: 1,016,801.99 Baht (total cost/quantity)

If the market price of BTC is now 1,500,000 Baht and Customer A has not sold, the unrealized P/L (U. P/L) would be +689,058.00 Baht (+47.52% of total cost).

U. P/L = (Market price x Quantity) – Total cost)