GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Beijing Enterprises Holdings Ltd (OTCPK:BJINF) » Definitions » Gross Profit

Beijing Enterprises Holdings (Beijing Enterprises Holdings) Gross Profit : $1,512 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Beijing Enterprises Holdings Gross Profit?

Beijing Enterprises Holdings's gross profit for the six months ended in Dec. 2023 was $597 Mil. Beijing Enterprises Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,512 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Enterprises Holdings's gross profit for the six months ended in Dec. 2023 was $597 Mil. Beijing Enterprises Holdings's Revenue for the six months ended in Dec. 2023 was $5,426 Mil. Therefore, Beijing Enterprises Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 11.00%.

Beijing Enterprises Holdings had a gross margin of 11.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Beijing Enterprises Holdings was 17.89%. The lowest was 13.03%. And the median was 15.74%.

Warning Sign:

Beijing Enterprises Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


Beijing Enterprises Holdings Gross Profit Historical Data

The historical data trend for Beijing Enterprises Holdings'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.

Beijing Enterprises Holdings Gross Profit Chart

Beijing Enterprises Holdings 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 1,402.54 1,401.58 1,581.06 1,537.32 1,514.38

Beijing Enterprises Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 792.43 864.21 666.15 914.87 596.80

Competitive Comparison of Beijing Enterprises Holdings's Gross Profit

For the Conglomerates subindustry, Beijing Enterprises Holdings'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.


Beijing Enterprises Holdings's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Holdings's Gross Profit falls into.



Beijing Enterprises Holdings Gross Profit Calculation

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

Beijing Enterprises Holdings'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
=11618.762 - 10104.382
=1,514

Beijing Enterprises Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5426.055 - 4829.259
=597

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 $1,512 Mil.

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

Beijing Enterprises Holdings'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
=597 / 5426.055
=11.00 %

* 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.


Beijing Enterprises Holdings  (OTCPK:BJINF) 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

Beijing Enterprises Holdings had a gross margin of 11.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Beijing Enterprises Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of Beijing Enterprises Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Enterprises Holdings (Beijing Enterprises Holdings) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Holdings was founded in 1997 and it is the listed flagship of the Beijing municipal government. It has a diversified business portfolio with focus on public utilities, including gas distribution and transmission, sewage and water treatment, and waste-to-energy business. It also invests in an upstream Russia oil and gas company, and owns 80% of Yanjing Brewery, one of the leading domestic brewers. The business mix is approximately 70% in gas operation, with the rest in water, waste treatment, and beer businesses.

Beijing Enterprises Holdings (Beijing Enterprises Holdings) Headlines