* 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.
Competitive Comparison of Chengdu Spaceon Electronics Co's Gross Profit
For the Communication Equipment subindustry, Chengdu Spaceon Electronics 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.
Chengdu Spaceon Electronics Co's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Chengdu Spaceon Electronics Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Chengdu Spaceon Electronics Co's Gross Profit falls into.
Chengdu Spaceon Electronics 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 ¥300 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.
Chengdu Spaceon Electronics Co (SZSE:002935) 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
Chengdu Spaceon Electronics Co had a gross margin of 25.89% for the quarter that ended in Mar. 2024 => Competition eroding margins
Chengdu Spaceon Electronics Co Gross Profit Related Terms
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Chengdu Spaceon Electronics Co (SZSE:002935) Business Description
Chengdu Spaceon Electronics Co Ltd is a China-based time-frequency enterprise. The company is primarily engaged in the research and development, production, sales and service of time-frequency and Beidou satellite application products. It provides time-frequency solutions through its time-frequency product line and time-frequency system. Products offered by the company include atomic clocks, crystal devices, time-frequency boards and modules, frequency components and equipment, time synchronization equipment and systems. The company products are used in aerospace, satellite navigation, military and civilian communications and defense equipment.
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