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China Lilang (FRA:5LX) Gross Profit : €219.6 Mil (TTM As of Dec. 2023)


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What is China Lilang Gross Profit?

China Lilang's gross profit for the six months ended in Dec. 2023 was €120.0 Mil. China Lilang's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €219.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Lilang's gross profit for the six months ended in Dec. 2023 was €120.0 Mil. China Lilang's Revenue for the six months ended in Dec. 2023 was €263.6 Mil. Therefore, China Lilang's Gross Margin % for the quarter that ended in Dec. 2023 was 45.51%.

China Lilang had a gross margin of 45.51% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of China Lilang was 48.16%. The lowest was 38.35%. And the median was 42.19%.


China Lilang Gross Profit Historical Data

The historical data trend for China Lilang'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.

China Lilang Gross Profit Chart

China Lilang 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 180.06 151.32 196.61 192.30 219.21

China Lilang 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 103.40 96.27 100.05 99.57 119.99

Competitive Comparison of China Lilang's Gross Profit

For the Apparel Manufacturing subindustry, China Lilang'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.


China Lilang's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Lilang's Gross Profit distribution charts can be found below:

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



China Lilang Gross Profit Calculation

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

China Lilang'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
=455.122 - 235.917
=219.2

China Lilang's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=263.628 - 143.641
=120.0

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 €219.6 Mil.

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

China Lilang'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
=120.0 / 263.628
=45.51 %

* 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.


China Lilang  (FRA:5LX) 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

China Lilang had a gross margin of 45.51% for the quarter that ended in Dec. 2023 => Durable competitive advantage


China Lilang Gross Profit Related Terms

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China Lilang (FRA:5LX) Business Description

Traded in Other Exchanges
Address
200 Chang Xing Road, Lilang Industrial Park, Fujian Province, Jinjiang, CHN, 362200
China Lilang Ltd manufactures business and casual menswear apparel, with roughly two thirds of revenue coming from tops. China Lilang sells its products under the Lilanz brand, which generates the vast majority of the company's revenue, and the L2 brand. All the company's sales are made in China. China Lilang wholesales its products to distributors who operate thousands of Lilanz-branded and L2-branded retail stores. China Lilang also has two self-operated flagship retail stores and sells its products through its own and third-party e-commerce platforms.

China Lilang (FRA:5LX) Headlines

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