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CETC Cyberspace Security Technology Co (SZSE:002268) Gross Profit

: ¥1,314 Mil (TTM As of Sep. 2023)
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CETC Cyberspace Security Technology Co's gross profit for the three months ended in Sep. 2023 was ¥262 Mil. CETC Cyberspace Security Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ¥1,314 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CETC Cyberspace Security Technology Co's gross profit for the three months ended in Sep. 2023 was ¥262 Mil. CETC Cyberspace Security Technology Co's Revenue for the three months ended in Sep. 2023 was ¥578 Mil. Therefore, CETC Cyberspace Security Technology Co's Gross Margin % for the quarter that ended in Sep. 2023 was 45.31%.

CETC Cyberspace Security Technology Co had a gross margin of 45.31% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of CETC Cyberspace Security Technology Co was 44.10%. The lowest was 32.54%. And the median was 35.39%.


CETC Cyberspace Security Technology Co Gross Profit Historical Data

The historical data trend for CETC Cyberspace Security Technology 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.

CETC Cyberspace Security Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 676.06 684.56 845.66 1,091.93 1,261.01

CETC Cyberspace Security Technology 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 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 Premium Member Only Premium Member Only Premium Member Only 269.51 560.63 216.44 274.67 261.83

Competitive Comparison

For the Security & Protection Services subindustry, CETC Cyberspace Security Technology 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.


CETC Cyberspace Security Technology Co Gross Profit Distribution

For the Business Services industry and Industrials sector, CETC Cyberspace Security Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where CETC Cyberspace Security Technology Co's Gross Profit falls into.



CETC Cyberspace Security Technology Co Gross Profit Calculation

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

CETC Cyberspace Security Technology 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
=3438.033 - 2177.021
=1,261

CETC Cyberspace Security Technology 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
=577.802 - 315.972
=262

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 ¥1,314 Mil.

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

CETC Cyberspace Security Technology 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
=262 / 577.802
=45.31 %

* 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.


CETC Cyberspace Security Technology Co  (SZSE:002268) 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

CETC Cyberspace Security Technology Co had a gross margin of 45.31% for the quarter that ended in Sep. 2023 => Durable competitive advantage


CETC Cyberspace Security Technology Co Gross Profit Related Terms

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CETC Cyberspace Security Technology Co (SZSE:002268) Business Description

Traded in Other Exchanges
N/A
Address
No. 333, Yunhua Road, High-Tech Industrial Dvelopment Zone, Sichuan, Chengdu, CHN, 610095
CETC Cyberspace Security Technology Co Ltd is a China-based company that offers security-related products and services. It provides professional and autonomous network information security solutions, products, and services. It offers password products, network security products, and security information systems. The group is committed to building a life-cycle security solution from chip to system for a party and government users.

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