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Beijing Ultrapower Software Co (SZSE:300002) Gross Profit : ¥3,912 Mil (TTM As of Mar. 2024)


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What is Beijing Ultrapower Software Co Gross Profit?

Beijing Ultrapower Software Co's gross profit for the three months ended in Mar. 2024 was ¥947 Mil. Beijing Ultrapower Software Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,912 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Ultrapower Software Co's gross profit for the three months ended in Mar. 2024 was ¥947 Mil. Beijing Ultrapower Software Co's Revenue for the three months ended in Mar. 2024 was ¥1,488 Mil. Therefore, Beijing Ultrapower Software Co's Gross Margin % for the quarter that ended in Mar. 2024 was 63.65%.

Beijing Ultrapower Software Co had a gross margin of 63.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Beijing Ultrapower Software Co was 71.22%. The lowest was 36.73%. And the median was 61.31%.

Warning Sign:

Beijing Ultrapower Software Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Beijing Ultrapower Software Co Gross Profit Historical Data

The historical data trend for Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co Gross Profit Chart

Beijing Ultrapower Software 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 1,155.19 2,166.24 2,684.56 2,902.49 3,740.24

Beijing Ultrapower Software 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 775.32 896.31 884.93 1,183.68 947.28

Competitive Comparison of Beijing Ultrapower Software Co's Gross Profit

For the Software - Application subindustry, Beijing Ultrapower Software 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.


Beijing Ultrapower Software Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Ultrapower Software Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Ultrapower Software Co's Gross Profit falls into.



Beijing Ultrapower Software Co Gross Profit Calculation

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

Beijing Ultrapower Software 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
=5962.244 - 2222.004
=3,740

Beijing Ultrapower Software 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
=1488.183 - 540.902
=947

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 ¥3,912 Mil.

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

Beijing Ultrapower Software 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
=947 / 1488.183
=63.65 %

* 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.


Beijing Ultrapower Software Co  (SZSE:300002) 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

Beijing Ultrapower Software Co had a gross margin of 63.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Beijing Ultrapower Software Co Gross Profit Related Terms

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Beijing Ultrapower Software Co (SZSE:300002) Business Description

Traded in Other Exchanges
N/A
Address
Building 1 on the 13th Academy Building, Beiyuan, Chaoyang District, 22 North Star Taiyue, Beijing, CHN, 100107
Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.
Executives
Wang Ning Director
Hu Jia Ming Directors, Directors, and Executives
Li Li Director
Di Yi Bing Directors, executives
Gao Feng Executives
Huang Song Lang Director
Zhang Qian Shan Directors, executives
Mao Da Wei Directors, executives
Hao Yan Supervisors
Liang De Xing Executives
Zhu Jian Song Executives
Wan Neng Directors, executives
Qi Qiang Director
Xu Peng Executives
Xu Si Ping Director

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