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Beijing Dahao Technology (SHSE:603025) Gross Profit : ¥903 Mil (TTM As of Mar. 2024)


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What is Beijing Dahao Technology Gross Profit?

Beijing Dahao Technology's gross profit for the three months ended in Mar. 2024 was ¥276 Mil. Beijing Dahao Technology's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥903 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Dahao Technology's gross profit for the three months ended in Mar. 2024 was ¥276 Mil. Beijing Dahao Technology's Revenue for the three months ended in Mar. 2024 was ¥643 Mil. Therefore, Beijing Dahao Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 42.93%.

Beijing Dahao Technology had a gross margin of 42.93% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Beijing Dahao Technology was 54.04%. The lowest was 39.33%. And the median was 47.68%.

Warning Sign:

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


Beijing Dahao Technology Gross Profit Historical Data

The historical data trend for Beijing Dahao Technology'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 Dahao Technology Gross Profit Chart

Beijing Dahao Technology 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 451.56 345.89 619.41 647.53 799.34

Beijing Dahao Technology 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 171.88 194.62 186.66 246.17 275.87

Competitive Comparison of Beijing Dahao Technology's Gross Profit

For the Specialty Industrial Machinery subindustry, Beijing Dahao Technology'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 Dahao Technology's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where Beijing Dahao Technology's Gross Profit falls into.



Beijing Dahao Technology Gross Profit Calculation

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

Beijing Dahao Technology'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
=2032.519 - 1233.183
=799

Beijing Dahao Technology's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=642.659 - 366.792
=276

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 ¥903 Mil.

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

Beijing Dahao Technology'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
=276 / 642.659
=42.93 %

* 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 Dahao Technology  (SHSE:603025) 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 Dahao Technology had a gross margin of 42.93% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Beijing Dahao Technology Gross Profit Related Terms

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Beijing Dahao Technology (SHSE:603025) Business Description

Traded in Other Exchanges
N/A
Address
M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015
Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.
Executives
Wu Hai Hong Director
Zhao Yu Ling Director
Sun Xue Li Director
Tan Qing Director
Zheng Jian Jun Director

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