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Dymatic Chemicals (SZSE:002054) Gross Profit : ¥682 Mil (TTM As of Mar. 2024)


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What is Dymatic Chemicals Gross Profit?

Dymatic Chemicals's gross profit for the three months ended in Mar. 2024 was ¥153 Mil. Dymatic Chemicals's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥682 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dymatic Chemicals's gross profit for the three months ended in Mar. 2024 was ¥153 Mil. Dymatic Chemicals's Revenue for the three months ended in Mar. 2024 was ¥680 Mil. Therefore, Dymatic Chemicals's Gross Margin % for the quarter that ended in Mar. 2024 was 22.56%.

Dymatic Chemicals had a gross margin of 22.56% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Dymatic Chemicals was 37.17%. The lowest was 21.45%. And the median was 27.32%.

Warning Sign:

Dymatic Chemicals Inc gross margin has been in long-term decline. The average rate of decline per year is -8.8%.


Dymatic Chemicals Gross Profit Historical Data

The historical data trend for Dymatic Chemicals'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.

Dymatic Chemicals Gross Profit Chart

Dymatic Chemicals 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 584.01 589.22 660.35 761.11 660.14

Dymatic Chemicals 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 131.95 182.67 190.78 154.74 153.35

Competitive Comparison of Dymatic Chemicals's Gross Profit

For the Chemicals subindustry, Dymatic Chemicals'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.


Dymatic Chemicals's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dymatic Chemicals's Gross Profit distribution charts can be found below:

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



Dymatic Chemicals Gross Profit Calculation

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

Dymatic Chemicals'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
=3077.285 - 2417.147
=660

Dymatic Chemicals's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=679.885 - 526.531
=153

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 ¥682 Mil.

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

Dymatic Chemicals'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
=153 / 679.885
=22.56 %

* 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.


Dymatic Chemicals  (SZSE:002054) 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

Dymatic Chemicals had a gross margin of 22.56% for the quarter that ended in Mar. 2024 => Competition eroding margins


Dymatic Chemicals Gross Profit Related Terms

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Dymatic Chemicals (SZSE:002054) Business Description

Traded in Other Exchanges
N/A
Address
Chaogui South Road, Science and Technology Industrial Park, Shunde High-tech Zone, Guangdong, Foshan, CHN, 528305
Dymatic Chemicals Inc is a China-based chemical manufacturer. The company is engaged in the product development, manufacturing, marketing, and sales of textile chemicals, leather chemicals, polyurethane chemicals, and stabilizers.
Executives
He Guo Ying Directors, executives
Cai Jing Xia Executives
Chen Qiu You Executives
Kong Qing Cheng Supervisors
Fan Xiao Ping Director
Huang Guan Xiong Director
Ye Yuan Zhang Supervisors
Pan Da Ke Securities Affairs Representative
Song Qi Director
Xu Xin Gong Executives
Liu Hong Shan Director
Lu Jun Yan Supervisors
Zhou Hong Yan Executives
Gao De Supervisors
Hu Jia Zhi Director

Dymatic Chemicals (SZSE:002054) Headlines

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