GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Fineblanking Technology Co Ltd (ROCO:1586) » Definitions » Gross Profit

China Fineblanking Technology Co (ROCO:1586) Gross Profit : NT$367 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is China Fineblanking Technology Co Gross Profit?

China Fineblanking Technology Co's gross profit for the three months ended in Mar. 2024 was NT$119 Mil. China Fineblanking Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$367 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Fineblanking Technology Co's gross profit for the three months ended in Mar. 2024 was NT$119 Mil. China Fineblanking Technology Co's Revenue for the three months ended in Mar. 2024 was NT$651 Mil. Therefore, China Fineblanking Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 18.31%.

China Fineblanking Technology Co had a gross margin of 18.31% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China Fineblanking Technology Co was 21.56%. The lowest was 11.08%. And the median was 15.57%.

Warning Sign:

China Fineblanking Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.


China Fineblanking Technology Co Gross Profit Historical Data

The historical data trend for China Fineblanking Technology Co'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 Fineblanking Technology Co Gross Profit Chart

China Fineblanking Technology Co 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 310.22 495.04 511.62 328.64 256.01

China Fineblanking Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.47 57.25 73.73 116.56 119.19

Competitive Comparison of China Fineblanking Technology Co's Gross Profit

For the Metal Fabrication subindustry, China Fineblanking Technology Co'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 Fineblanking Technology Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Fineblanking Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Fineblanking Technology Co's Gross Profit falls into.



China Fineblanking Technology Co Gross Profit Calculation

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

China Fineblanking Technology Co'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
=2310.59 - 2054.576
=256

China Fineblanking Technology Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=650.982 - 531.788
=119

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$367 Mil.

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

China Fineblanking Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=119 / 650.982
=18.31 %

* 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 Fineblanking Technology Co  (ROCO:1586) 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 Fineblanking Technology Co had a gross margin of 18.31% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


China Fineblanking Technology Co Gross Profit Related Terms

Thank you for viewing the detailed overview of China Fineblanking Technology Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


China Fineblanking Technology Co (ROCO:1586) Business Description

Traded in Other Exchanges
N/A
Address
No.40, Xinggong Road, Shengang Township, Changhua County, Chang Hua, TWN, 51648
China Fineblanking Technology Co Ltd is engaged in the processing and manufacturing of various types of electronic and automotive parts. It is also engaged in on-electrolytic nickel plating surface treatment, double grinding, heat treatment, CNC machining, and gear machining. The Group has three reportable segments: HDD parts, Vehicle parts, and, Management and operation. The key revenue generator is the Vehicle Parts segment. It produces and sells vehicle parts.

China Fineblanking Technology Co (ROCO:1586) Headlines

No Headlines