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Guangdong Delian Group Co (SZSE:002666) Gross Profit : ¥573 Mil (TTM As of Mar. 2024)


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What is Guangdong Delian Group Co Gross Profit?

Guangdong Delian Group Co's gross profit for the three months ended in Mar. 2024 was ¥145 Mil. Guangdong Delian Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥573 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Guangdong Delian Group Co's gross profit for the three months ended in Mar. 2024 was ¥145 Mil. Guangdong Delian Group Co's Revenue for the three months ended in Mar. 2024 was ¥979 Mil. Therefore, Guangdong Delian Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 14.79%.

Guangdong Delian Group Co had a gross margin of 14.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Guangdong Delian Group Co was 23.12%. The lowest was 9.86%. And the median was 15.60%.

Warning Sign:

Guangdong Delian Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.9%.


Guangdong Delian Group Co Gross Profit Historical Data

The historical data trend for Guangdong Delian Group 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.

Guangdong Delian Group Co Gross Profit Chart

Guangdong Delian Group 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 623.93 620.48 698.11 543.21 561.64

Guangdong Delian Group 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 133.18 129.63 130.79 168.04 144.79

Competitive Comparison of Guangdong Delian Group Co's Gross Profit

For the Specialty Chemicals subindustry, Guangdong Delian Group 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 Delian Group Co's Gross Profit Distribution in the Chemicals Industry

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

* The bar in red indicates where Guangdong Delian Group Co's Gross Profit falls into.



Guangdong Delian Group Co Gross Profit Calculation

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

Guangdong Delian Group 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
=5693.801 - 5132.164
=562

Guangdong Delian Group 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
=978.861 - 834.074
=145

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 ¥573 Mil.

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

Guangdong Delian Group 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
=145 / 978.861
=14.79 %

* 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 Delian Group Co  (SZSE:002666) 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 Delian Group Co had a gross margin of 14.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Guangdong Delian Group Co Gross Profit Related Terms

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Guangdong Delian Group Co (SZSE:002666) Business Description

Traded in Other Exchanges
N/A
Address
Room 12-16,16/F, Huajian Building, Tianfu Road, Tianhe District, Guangzhou, CHN, 528248
Guangdong Delian Group Co Ltd operates in the automotive chemical industry. Its main business covers automotive fine chemicals manufacturing, automobile sales services, and vehicle maintenance and repair. The main products are motor oil, gearbox oil, power steering oil, coolant, brake fluid and other car care products.
Executives
Cao Hua Executives
Xu Lu Executives
Xu Tuan Hua Directors, executives
Guo Rong Na Director
Meng Chen Ying Supervisors
Yang Yue Director
Liu Gong Zhi Directors, executives
Tao Zhang Securities Affairs Representative
Xu Qing Fang Directors, executives
Zhou Jing Supervisors
Hong Zhi Jun Executives
Xu Xian Da Director
Deng Guo Jin Secretary, Director

Guangdong Delian Group Co (SZSE:002666) Headlines

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