Vianet Group (LSE:VNET) Gross Profit : £9.76 Mil (TTM As of Sep. 2023)

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What is Vianet Group Gross Profit?

Vianet Group's gross profit for the six months ended in Sep. 2023 was £4.99 Mil. Vianet Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was £9.76 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vianet Group's gross profit for the six months ended in Sep. 2023 was £4.99 Mil. Vianet Group's Revenue for the six months ended in Sep. 2023 was £7.19 Mil. Therefore, Vianet Group's Gross Margin % for the quarter that ended in Sep. 2023 was 69.38%.

Vianet Group had a gross margin of 69.38% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Vianet Group was 70.06%. The lowest was 58.78%. And the median was 68.13%.

Warning Sign:

Vianet Group PLC gross margin has been in long-term decline. The average rate of decline per year is -1.5%.

Vianet Group Gross Profit Historical Data

The historical data trend for Vianet Group'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.

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Vianet Group Gross Profit Chart

Vianet Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

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10.66

11.12

5.06

8.56

9.38

Vianet Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Profit	Get a 7-Day Free Trial															4.03	4.53	4.61	4.77	4.99

Competitive Comparison of Vianet Group's Gross Profit

For the Specialty Business Services subindustry, Vianet Group'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.

Vianet Group's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vianet Group's Gross Profit distribution charts can be found below:

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

Vianet Group Gross Profit Calculation

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

Vianet Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	14.115	-	4.737
	=	9.38

Vianet Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	7.194	-	2.203
	=	4.99

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £9.76 Mil.

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

Vianet Group's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	4.99	/	7.194
	=	69.38 %

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.

Vianet Group (LSE:VNET) 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

Vianet Group had a gross margin of 69.38% for the quarter that ended in Sep. 2023 => Durable competitive advantage

Vianet Group Gross Profit Related Terms

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Vianet Group (LSE:VNET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vianet Group PLC (LSE:VNET) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

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Address

One Surtees Way, Surtees Business Park, Stockton on Tees, GBR, TS18 3HR

Website

http://www.vianetplc.com

Vianet Group PLC is a provider of actionable management information and business insight created by combining data from the smart Internet of Things solutions and external information sources. Smart Zones include Data insight and actionable data services as well as design, product development, sale and rental of fluid monitoring equipment. The business of the group is divided into two divisions: Smart Machines and Smart Zones. It generates maximum revenue from the Smart Zones segment. Geographically, it derives maximum of the revenue from the United Kingdom and has a presence in the Rest of Europe and the United States/Canada.