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Chongqing Mas Sci and Tech Co (SZSE:300275) Gross Profit : ¥187.8 Mil (TTM As of Mar. 2024)


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What is Chongqing Mas Sci and Tech Co Gross Profit?

Chongqing Mas Sci and Tech Co's gross profit for the three months ended in Mar. 2024 was ¥40.0 Mil. Chongqing Mas Sci and Tech Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥187.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chongqing Mas Sci and Tech Co's gross profit for the three months ended in Mar. 2024 was ¥40.0 Mil. Chongqing Mas Sci and Tech Co's Revenue for the three months ended in Mar. 2024 was ¥92.5 Mil. Therefore, Chongqing Mas Sci and Tech Co's Gross Margin % for the quarter that ended in Mar. 2024 was 43.22%.

Chongqing Mas Sci and Tech Co had a gross margin of 43.22% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Chongqing Mas Sci and Tech Co was 48.81%. The lowest was 35.09%. And the median was 41.72%.

Warning Sign:

Chongqing Mas Sci and Tech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Chongqing Mas Sci and Tech Co Gross Profit Historical Data

The historical data trend for Chongqing Mas Sci and Tech 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.

Chongqing Mas Sci and Tech Co Gross Profit Chart

Chongqing Mas Sci and Tech 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 123.34 123.88 125.92 149.22 180.03

Chongqing Mas Sci and Tech 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 32.18 59.13 33.55 55.17 39.99

Competitive Comparison of Chongqing Mas Sci and Tech Co's Gross Profit

For the Security & Protection Services subindustry, Chongqing Mas Sci and Tech 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.


Chongqing Mas Sci and Tech Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Chongqing Mas Sci and Tech Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chongqing Mas Sci and Tech Co's Gross Profit falls into.



Chongqing Mas Sci and Tech Co Gross Profit Calculation

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

Chongqing Mas Sci and Tech 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
=431.355 - 251.33
=180.0

Chongqing Mas Sci and Tech 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
=92.525 - 52.536
=40.0

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 ¥187.8 Mil.

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

Chongqing Mas Sci and Tech 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
=40.0 / 92.525
=43.22 %

* 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.


Chongqing Mas Sci and Tech Co  (SZSE:300275) 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

Chongqing Mas Sci and Tech Co had a gross margin of 43.22% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Chongqing Mas Sci and Tech Co Gross Profit Related Terms

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Chongqing Mas Sci and Tech Co (SZSE:300275) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Fuyuan Road, Jiulongpo, Chongqing, CHN
Chongqing Mas Sci and Tech Co Ltd is engaged in providing data processing and application services in the field of large security and information technology service standard operation, and maintenance service capabilities.
Executives
Ye Li Sheng Director
Deng Guo Qing Independent director
Zheng Hai Jiang Directors, executives
Liu Hang Directors, executives
Hu Shi Qiang Executives
Jin Xiao Han Directors, executives
Zhou He Hua Directors, executives
Ma Yan Director
Deng Zhong Tian Directors, executives
Liu Qiao Xi Directors, executives
Xie Xing Zhi Supervisors
Xiao Hu Executives
Quan Tai Feng Executives
Wu Guang Hong Executives
Peng Zhi Jiang Directors, executives

Chongqing Mas Sci and Tech Co (SZSE:300275) Headlines

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