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China Resources Power Holdings Co (China Resources Power Holdings Co) Gross Profit : $5,797 Mil (TTM As of Dec. 2023)


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What is China Resources Power Holdings Co Gross Profit?

China Resources Power Holdings Co's gross profit for the six months ended in Dec. 2023 was $3,026 Mil. China Resources Power Holdings Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $5,797 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Resources Power Holdings Co's gross profit for the six months ended in Dec. 2023 was $3,026 Mil. China Resources Power Holdings Co's Revenue for the six months ended in Dec. 2023 was $6,639 Mil. Therefore, China Resources Power Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 45.58%.

China Resources Power Holdings Co had a gross margin of 45.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of China Resources Power Holdings Co was 59.50%. The lowest was 31.07%. And the median was 45.52%.

Warning Sign:

China Resources Power Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


China Resources Power Holdings Co Gross Profit Historical Data

The historical data trend for China Resources Power Holdings 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.

China Resources Power Holdings Co Gross Profit Chart

China Resources Power Holdings 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 4,029.70 4,372.42 3,602.19 4,527.73 5,805.20

China Resources Power Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,242.93 2,219.73 2,290.12 2,770.59 3,026.38

Competitive Comparison of China Resources Power Holdings Co's Gross Profit

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.


China Resources Power Holdings Co's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Gross Profit falls into.



China Resources Power Holdings Co Gross Profit Calculation

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

China Resources Power Holdings 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
=13231.366 - 7426.168
=5,805

China Resources Power Holdings Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6639.178 - 3612.797
=3,026

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $5,797 Mil.

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

China Resources Power Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,026 / 6639.178
=45.58 %

* 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.


China Resources Power Holdings Co  (OTCPK:CRPJY) 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

China Resources Power Holdings Co had a gross margin of 45.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage


China Resources Power Holdings Co Gross Profit Related Terms

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China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co (China Resources Power Holdings Co) Headlines