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Suzhou Gold Mantis Construction Decoration Co (SZSE:002081) Gross Profit : ¥2,863 Mil (TTM As of Mar. 2024)


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What is Suzhou Gold Mantis Construction Decoration Co Gross Profit?

Suzhou Gold Mantis Construction Decoration Co's gross profit for the three months ended in Mar. 2024 was ¥602 Mil. Suzhou Gold Mantis Construction Decoration Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,863 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Suzhou Gold Mantis Construction Decoration Co's gross profit for the three months ended in Mar. 2024 was ¥602 Mil. Suzhou Gold Mantis Construction Decoration Co's Revenue for the three months ended in Mar. 2024 was ¥4,544 Mil. Therefore, Suzhou Gold Mantis Construction Decoration Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.25%.

Suzhou Gold Mantis Construction Decoration Co had a gross margin of 13.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Suzhou Gold Mantis Construction Decoration Co was 19.55%. The lowest was 14.58%. And the median was 17.20%.

Warning Sign:

Suzhou Gold Mantis Construction Decoration Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.2%.


Suzhou Gold Mantis Construction Decoration Co Gross Profit Historical Data

The historical data trend for Suzhou Gold Mantis Construction Decoration 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.

Suzhou Gold Mantis Construction Decoration Co Gross Profit Chart

Suzhou Gold Mantis Construction Decoration 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 5,669.86 5,184.79 4,095.12 3,441.95 2,989.87

Suzhou Gold Mantis Construction Decoration 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 728.52 907.55 841.65 512.16 601.82

Competitive Comparison of Suzhou Gold Mantis Construction Decoration Co's Gross Profit

For the Engineering & Construction subindustry, Suzhou Gold Mantis Construction Decoration 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.


Suzhou Gold Mantis Construction Decoration Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Suzhou Gold Mantis Construction Decoration Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Suzhou Gold Mantis Construction Decoration Co's Gross Profit falls into.



Suzhou Gold Mantis Construction Decoration Co Gross Profit Calculation

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

Suzhou Gold Mantis Construction Decoration 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
=20186.617 - 17196.744
=2,990

Suzhou Gold Mantis Construction Decoration 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
=4543.622 - 3941.799
=602

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 ¥2,863 Mil.

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

Suzhou Gold Mantis Construction Decoration 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
=602 / 4543.622
=13.25 %

* 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.


Suzhou Gold Mantis Construction Decoration Co  (SZSE:002081) 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

Suzhou Gold Mantis Construction Decoration Co had a gross margin of 13.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Suzhou Gold Mantis Construction Decoration Co Gross Profit Related Terms

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Suzhou Gold Mantis Construction Decoration Co (SZSE:002081) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 West Ring Road, Suzhou, CHN, 215004
Suzhou Gold Mantis Construction Decoration Co Ltd is a China-based company engages in the interior decoration industry. Its principal activities include curtain wall, furniture, landscape, artwork, and mechanical and electrical equipment installation, in China. The company's operating segment includes Construction decoration; Manufacturing and others. It generates maximum revenue from the Construction decoration segment.
Executives
Zhu Xing Quan Directors, executives
Wang Hong Executives
Cao Li Ming Directors, executives
Yang Peng Director
Ni Lin Director
Yang Zhen Director
Yan Duo Lin Directors, executives
Luo Cheng Yun Executives
Dong Sheng Executives
Zhang Jun Supervisors
Yan Yong Fa Supervisors
Bai Ji Zhong Executives
Wang An Li Director
Jiang Ying Supervisors
Mao Guo Ping Executives

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