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Ingdan (STU:7C3) Gross Profit : €132 Mil (TTM As of Dec. 2023)


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What is Ingdan Gross Profit?

Ingdan's gross profit for the six months ended in Dec. 2023 was €70 Mil. Ingdan's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €132 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ingdan's gross profit for the six months ended in Dec. 2023 was €70 Mil. Ingdan's Revenue for the six months ended in Dec. 2023 was €642 Mil. Therefore, Ingdan's Gross Margin % for the quarter that ended in Dec. 2023 was 10.95%.

Ingdan had a gross margin of 10.95% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Ingdan was 11.68%. The lowest was 7.71%. And the median was 8.94%.


Ingdan Gross Profit Historical Data

The historical data trend for Ingdan'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.

Ingdan Gross Profit Chart

Ingdan 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 72.58 87.82 129.69 150.75 132.27

Ingdan 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 81.80 59.96 93.28 62.16 70.33

Competitive Comparison of Ingdan's Gross Profit

For the Electronics & Computer Distribution subindustry, Ingdan'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.


Ingdan's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ingdan's Gross Profit distribution charts can be found below:

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



Ingdan Gross Profit Calculation

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

Ingdan'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
=1138.304 - 1006.034
=132

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=642.13 - 571.801
=70

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 €132 Mil.

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

Ingdan'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
=70 / 642.13
=10.95 %

* 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.


Ingdan  (STU:7C3) 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

Ingdan had a gross margin of 10.95% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Ingdan Gross Profit Related Terms

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Ingdan (STU:7C3) Business Description

Traded in Other Exchanges
Address
No. 55 Gaoxin South 9th Road, 11th Floor, Microsoft Comtech Tower, Nanshan, Shenzhen, CHN, 518057
Ingdan Inc provides a technology services platform (iPaaS) serving the global integrated circuits chips industry and AIoT ecosystem in China. The Group operates under a dual-platform model, Comtech, a technology services platform for the chip industry, and Ingdan, a platform providing AIoT technology and services. The two platforms form the Comtech plus Ingdan development model, serving the chip-device-cloud AIoT industry chain, so as to provide technical integration solutions, marketing solutions, and distribution services to customers.

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