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Shenzhen Jufei Optoelectronics Co (SZSE:300303) Gross Profit : ¥671 Mil (TTM As of Mar. 2024)


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What is Shenzhen Jufei Optoelectronics Co Gross Profit?

Shenzhen Jufei Optoelectronics Co's gross profit for the three months ended in Mar. 2024 was ¥157 Mil. Shenzhen Jufei Optoelectronics Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥671 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen Jufei Optoelectronics Co's gross profit for the three months ended in Mar. 2024 was ¥157 Mil. Shenzhen Jufei Optoelectronics Co's Revenue for the three months ended in Mar. 2024 was ¥644 Mil. Therefore, Shenzhen Jufei Optoelectronics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 24.42%.

Shenzhen Jufei Optoelectronics Co had a gross margin of 24.42% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shenzhen Jufei Optoelectronics Co was 28.80%. The lowest was 21.72%. And the median was 24.22%.


Shenzhen Jufei Optoelectronics Co Gross Profit Historical Data

The historical data trend for Shenzhen Jufei Optoelectronics 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.

Shenzhen Jufei Optoelectronics Co Gross Profit Chart

Shenzhen Jufei Optoelectronics 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 699.83 652.29 574.32 547.30 645.08

Shenzhen Jufei Optoelectronics 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 131.40 154.91 189.60 169.18 157.20

Competitive Comparison of Shenzhen Jufei Optoelectronics Co's Gross Profit

For the Electronic Components subindustry, Shenzhen Jufei Optoelectronics 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.


Shenzhen Jufei Optoelectronics Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jufei Optoelectronics Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shenzhen Jufei Optoelectronics Co's Gross Profit falls into.



Shenzhen Jufei Optoelectronics Co Gross Profit Calculation

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

Shenzhen Jufei Optoelectronics 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
=2512.196 - 1867.116
=645

Shenzhen Jufei Optoelectronics 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
=643.663 - 486.463
=157

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 ¥671 Mil.

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

Shenzhen Jufei Optoelectronics 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
=157 / 643.663
=24.42 %

* 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.


Shenzhen Jufei Optoelectronics Co  (SZSE:300303) 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

Shenzhen Jufei Optoelectronics Co had a gross margin of 24.42% for the quarter that ended in Mar. 2024 => Competition eroding margins


Shenzhen Jufei Optoelectronics Co Gross Profit Related Terms

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Shenzhen Jufei Optoelectronics Co (SZSE:300303) Business Description

Traded in Other Exchanges
N/A
Address
65, Chuangyi Street, Dalang, Baoan District, Shenzhen, CHN, 518109
Shenzhen Jufei Optoelectronics Co Ltd specializes in research and development, manufacturing and marketing of surface-mount device light-emitting diode module (SMD LED) devices. The main products are backlight LED devices, lighting LED devices, small pitch display LED and automotive LED. The company's products are widely used in fields of mobile communications, liquid crystal display, screen displays and automotive electronics.

Shenzhen Jufei Optoelectronics Co (SZSE:300303) Headlines

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