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Qian Yuan Baixing (Qian Yuan Baixing) Gross Profit : $1.44 Mil (TTM As of Sep. 2011)


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What is Qian Yuan Baixing Gross Profit?

Qian Yuan Baixing's gross profit for the three months ended in Sep. 2011 was $0.32 Mil. Qian Yuan Baixing's gross profit for the trailing twelve months (TTM) ended in Sep. 2011 was $1.44 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Qian Yuan Baixing's gross profit for the three months ended in Sep. 2011 was $0.32 Mil. Qian Yuan Baixing's Revenue for the three months ended in Sep. 2011 was $2.64 Mil. Therefore, Qian Yuan Baixing's Gross Margin % for the quarter that ended in Sep. 2011 was 12.23%.

Qian Yuan Baixing had a gross margin of 12.23% for the quarter that ended in Sep. 2011 => No sustainable competitive advantage


Qian Yuan Baixing Gross Profit Historical Data

The historical data trend for Qian Yuan Baixing'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.

Qian Yuan Baixing Gross Profit Chart

Qian Yuan Baixing Annual Data
Trend Aug06 Aug07 Dec08 Dec09 Dec10
Gross Profit
- - 1.16 1.42 1.34

Qian Yuan Baixing Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.30 0.43 0.41 0.28 0.32

Competitive Comparison of Qian Yuan Baixing's Gross Profit

For the Shell Companies subindustry, Qian Yuan Baixing'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.


Qian Yuan Baixing's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Qian Yuan Baixing's Gross Profit distribution charts can be found below:

* The bar in red indicates where Qian Yuan Baixing's Gross Profit falls into.



Qian Yuan Baixing Gross Profit Calculation

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

Qian Yuan Baixing's Gross Profit for the fiscal year that ended in Dec. 2010 is calculated as

Gross Profit (A: Dec. 2010 )=Revenue - Cost of Goods Sold
=12.639 - 11.298
=1.34

Qian Yuan Baixing's Gross Profit for the quarter that ended in Sep. 2011 is calculated as

Gross Profit (Q: Sep. 2011 )=Revenue - Cost of Goods Sold
=2.642 - 2.319
=0.32

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.44 Mil.

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

Qian Yuan Baixing's Gross Margin % for the quarter that ended in Sep. 2011 is calculated as

Gross Margin % (Q: Sep. 2011 )=Gross Profit (Q: Sep. 2011 ) / Revenue (Q: Sep. 2011 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.32 / 2.642
=12.23 %

* 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.


Qian Yuan Baixing  (OTCPK:QYBX) 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

Qian Yuan Baixing had a gross margin of 12.23% for the quarter that ended in Sep. 2011 => No sustainable competitive advantage


Qian Yuan Baixing Gross Profit Related Terms

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Qian Yuan Baixing (Qian Yuan Baixing) Business Description

Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 4200, Seattle, WA, USA, 98101
Qian Yuan Baixing Inc is a shell Company.

Qian Yuan Baixing (Qian Yuan Baixing) Headlines

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