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Advanced Technology & Materials Co (SZSE:000969) Gross Profit : ¥1,319 Mil (TTM As of Sep. 2023)


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What is Advanced Technology & Materials Co Gross Profit?

Advanced Technology & Materials Co's gross profit for the three months ended in Sep. 2023 was ¥281 Mil. Advanced Technology & Materials Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ¥1,319 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Advanced Technology & Materials Co's gross profit for the three months ended in Sep. 2023 was ¥281 Mil. Advanced Technology & Materials Co's Revenue for the three months ended in Sep. 2023 was ¥1,819 Mil. Therefore, Advanced Technology & Materials Co's Gross Margin % for the quarter that ended in Sep. 2023 was 15.46%.

Advanced Technology & Materials Co had a gross margin of 15.46% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Advanced Technology & Materials Co was 19.50%. The lowest was 11.39%. And the median was 17.22%.

Warning Sign:

Advanced Technology & Materials Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Advanced Technology & Materials Co Gross Profit Historical Data

The historical data trend for Advanced Technology & Materials 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.

Advanced Technology & Materials Co Gross Profit Chart

Advanced Technology & Materials Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 890.49 932.26 907.29 1,088.67 1,211.11

Advanced Technology & Materials Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 287.87 289.55 373.99 373.95 281.22

Competitive Comparison of Advanced Technology & Materials Co's Gross Profit

For the Other Industrial Metals & Mining subindustry, Advanced Technology & Materials 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.


Advanced Technology & Materials Co's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Advanced Technology & Materials Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Advanced Technology & Materials Co's Gross Profit falls into.



Advanced Technology & Materials Co Gross Profit Calculation

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

Advanced Technology & Materials Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=7406.006 - 6194.897
=1,211

Advanced Technology & Materials Co's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1819.194 - 1537.979
=281

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,319 Mil.

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

Advanced Technology & Materials Co's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=281 / 1819.194
=15.46 %

* 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.


Advanced Technology & Materials Co  (SZSE:000969) 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

Advanced Technology & Materials Co had a gross margin of 15.46% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Advanced Technology & Materials Co Gross Profit Related Terms

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Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.

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