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Shenzhen Noposion Crop Science Co (SZSE:002215) Gross Profit : ¥1,568 Mil (TTM As of Mar. 2024)


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What is Shenzhen Noposion Crop Science Co Gross Profit?

Shenzhen Noposion Crop Science Co's gross profit for the three months ended in Mar. 2024 was ¥836 Mil. Shenzhen Noposion Crop Science Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,568 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen Noposion Crop Science Co's gross profit for the three months ended in Mar. 2024 was ¥836 Mil. Shenzhen Noposion Crop Science Co's Revenue for the three months ended in Mar. 2024 was ¥1,827 Mil. Therefore, Shenzhen Noposion Crop Science Co's Gross Margin % for the quarter that ended in Mar. 2024 was 45.78%.

Shenzhen Noposion Crop Science Co had a gross margin of 45.78% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Shenzhen Noposion Crop Science Co was 44.51%. The lowest was 25.28%. And the median was 29.33%.


Shenzhen Noposion Crop Science Co Gross Profit Historical Data

The historical data trend for Shenzhen Noposion Crop Science 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.

Shenzhen Noposion Crop Science Co Gross Profit Chart

Shenzhen Noposion Crop Science 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 1,060.91 1,044.52 1,211.39 1,156.30 1,213.25

Shenzhen Noposion Crop Science 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 482.07 323.19 101.46 306.53 836.34

Competitive Comparison of Shenzhen Noposion Crop Science Co's Gross Profit

For the Agricultural Inputs subindustry, Shenzhen Noposion Crop Science 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.


Shenzhen Noposion Crop Science Co's Gross Profit Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shenzhen Noposion Crop Science Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shenzhen Noposion Crop Science Co's Gross Profit falls into.



Shenzhen Noposion Crop Science Co Gross Profit Calculation

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

Shenzhen Noposion Crop Science 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
=4119.538 - 2906.29
=1,213

Shenzhen Noposion Crop Science 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
=1826.962 - 990.624
=836

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 ¥1,568 Mil.

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

Shenzhen Noposion Crop Science 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
=836 / 1826.962
=45.78 %

* 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.


Shenzhen Noposion Crop Science Co  (SZSE:002215) 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

Shenzhen Noposion Crop Science Co had a gross margin of 45.78% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Shenzhen Noposion Crop Science Co Gross Profit Related Terms

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Shenzhen Noposion Crop Science Co (SZSE:002215) Business Description

Traded in Other Exchanges
N/A
Address
No. 113 Shuiku Road, Xixiang Town, Bao'an District, Guangdong, Shenzhen, CHN, 518102
Shenzhen Noposion Crop Science Co Ltd, formerly Shenzhen Noposion Agrochemicals Co Ltd is engaged in the research and development, production, sales and agricultural technology services of agricultural biotech products. The company's major products include fungicides, insecticides, herbicides, plant nutrient products and additives, among others.

Shenzhen Noposion Crop Science Co (SZSE:002215) Headlines

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