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RINO International (RINO International) Gross Profit : $72.1 Mil (TTM As of Sep. 2010)


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What is RINO International Gross Profit?

RINO International's gross profit for the three months ended in Sep. 2010 was $16.3 Mil. RINO International's gross profit for the trailing twelve months (TTM) ended in Sep. 2010 was $72.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RINO International's gross profit for the three months ended in Sep. 2010 was $16.3 Mil. RINO International's Revenue for the three months ended in Sep. 2010 was $52.7 Mil. Therefore, RINO International's Gross Margin % for the quarter that ended in Sep. 2010 was 30.88%.

RINO International had a gross margin of 30.88% for the quarter that ended in Sep. 2010 => Competition eroding margins


RINO International Gross Profit Historical Data

The historical data trend for RINO International'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.

RINO International Gross Profit Chart

RINO International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Gross Profit
- 5.41 30.70 54.33 72.31

RINO International Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 26.13 16.06 16.70 23.08 16.28

Competitive Comparison of RINO International's Gross Profit

For the Shell Companies subindustry, RINO International'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.


RINO International's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RINO International's Gross Profit distribution charts can be found below:

* The bar in red indicates where RINO International's Gross Profit falls into.



RINO International Gross Profit Calculation

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

RINO International's Gross Profit for the fiscal year that ended in Dec. 2009 is calculated as

Gross Profit (A: Dec. 2009 )=Revenue - Cost of Goods Sold
=192.643 - 120.33
=72.3

RINO International's Gross Profit for the quarter that ended in Sep. 2010 is calculated as

Gross Profit (Q: Sep. 2010 )=Revenue - Cost of Goods Sold
=52.725 - 36.442
=16.3

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $72.1 Mil.

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

RINO International's Gross Margin % for the quarter that ended in Sep. 2010 is calculated as

Gross Margin % (Q: Sep. 2010 )=Gross Profit (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=(Revenue - Cost of Goods Sold) / Revenue
=16.3 / 52.725
=30.88 %

* 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.


RINO International  (OTCPK:RINO) 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

RINO International had a gross margin of 30.88% for the quarter that ended in Sep. 2010 => Competition eroding margins


RINO International Gross Profit Related Terms

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RINO International (RINO International) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
Website
RINO International Corp is in the business of identifying and acquiring strategic intellectual property in the agricultural technology, biotechnologies, and energy industries.
Executives
Glenn Little director, 10 percent owner, officer: CEO & CFO 211 WEST WALL ST, MIDLAND TX 70701

RINO International (RINO International) Headlines

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