* 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.
Guangdong Vanward New Electric Co Gross Profit Chart
Competitive Comparison of Guangdong Vanward New Electric Co's Gross Profit
For the Furnishings, Fixtures & Appliances subindustry, Guangdong Vanward New Electric 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.
Guangdong Vanward New Electric Co's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Vanward New Electric Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Guangdong Vanward New Electric Co's Gross Profit falls into.
Guangdong Vanward New Electric Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
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 ¥2,085 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Guangdong Vanward New Electric Co (SZSE:002543) 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
Guangdong Vanward New Electric Co had a gross margin of 32.07% for the quarter that ended in Mar. 2024 => Competition eroding margins
Guangdong Vanward New Electric Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Guangdong Vanward New Electric Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Guangdong Vanward New Electric Co (SZSE:002543) Business Description
Guangdong Vanward New Electric Co Ltd is a China-based company engaged in the manufacture and sale of gas water heaters and other gas appliances. Its main products include gas water heaters, range hoods, as well as air, solar and other new energy hot water products. The company's products are mainly used in domestic hot water, heating and hot water, refrigeration, drying and surplus heat of backwater.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:002543 has been successfully added to your 