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EVE Energy Co (SZSE:300014) Gross Profit : ¥8,071 Mil (TTM As of Mar. 2024)


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What is EVE Energy Co Gross Profit?

EVE Energy Co's gross profit for the three months ended in Mar. 2024 was ¥1,643 Mil. EVE Energy Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8,071 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. EVE Energy Co's gross profit for the three months ended in Mar. 2024 was ¥1,643 Mil. EVE Energy Co's Revenue for the three months ended in Mar. 2024 was ¥9,317 Mil. Therefore, EVE Energy Co's Gross Margin % for the quarter that ended in Mar. 2024 was 17.64%.

EVE Energy Co had a gross margin of 17.64% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of EVE Energy Co was 29.72%. The lowest was 16.43%. And the median was 26.85%.

Warning Sign:

EVE Energy Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.1%.


EVE Energy Co Gross Profit Historical Data

The historical data trend for EVE Energy 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.

EVE Energy Co Gross Profit Chart

EVE Energy 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 1,905.29 2,367.68 3,645.53 5,965.51 8,310.29

EVE Energy 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 1,882.64 1,777.22 2,301.87 2,348.57 1,643.41

Competitive Comparison of EVE Energy Co's Gross Profit

For the Electrical Equipment & Parts subindustry, EVE Energy 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.


EVE Energy Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVE Energy Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where EVE Energy Co's Gross Profit falls into.



EVE Energy Co Gross Profit Calculation

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

EVE Energy 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
=48783.587 - 40473.297
=8,310

EVE Energy 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
=9317.321 - 7673.91
=1,643

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 ¥8,071 Mil.

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

EVE Energy 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
=1,643 / 9317.321
=17.64 %

* 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.


EVE Energy Co  (SZSE:300014) 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

EVE Energy Co had a gross margin of 17.64% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


EVE Energy Co Gross Profit Related Terms

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EVE Energy Co (SZSE:300014) Business Description

Traded in Other Exchanges
N/A
Address
EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN
EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.
Executives
Liu Jian Hua Directors, executives
Ai Xin Ping Director
Li Mu Fen Executives
Sang Tian Executives
Lei Qiao Ping Independent director
Yuan Zhong Zhi Supervisors
Liu Jin Cheng Director
Wang Shi Feng Executives
Wang Yue Lin Independent director
Tang Qiu Ying Directors, executives
Sun Bin Executives
Huang Wei Yan Executives
Duan Cheng Supervisors
Han Ji Yun Directors, executives
Yu Dong Sheng Executives

EVE Energy Co (SZSE:300014) Headlines

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