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China Datang Renewable Power Co (STU:DT7) Gross Margin % : 0.00% (As of Dec. 2023)


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What is China Datang Renewable Power Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Datang Renewable Power Co's Gross Profit for the three months ended in Dec. 2023 was €427 Mil. China Datang Renewable Power Co's Revenue for the three months ended in Dec. 2023 was €427 Mil. Therefore, China Datang Renewable Power Co's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for China Datang Renewable Power Co's Gross Margin % or its related term are showing as below:

STU:DT7' s Gross Margin % Range Over the Past 10 Years
Min: 81.33   Med: 96.29   Max: 97.52
Current: 81.33


During the past 13 years, the highest Gross Margin % of China Datang Renewable Power Co was 97.52%. The lowest was 81.33%. And the median was 96.29%.

STU:DT7's Gross Margin % is ranked better than
86.84% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.58 vs STU:DT7: 81.33

China Datang Renewable Power Co had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Datang Renewable Power Co was 0.20% per year.


China Datang Renewable Power Co Gross Margin % Historical Data

The historical data trend for China Datang Renewable Power Co's Gross Margin % 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 Datang Renewable Power Co Gross Margin % Chart

China Datang Renewable Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.27 96.06 94.38 96.90 97.52

China Datang Renewable Power Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 - - - - 50.51

Competitive Comparison of China Datang Renewable Power Co's Gross Margin %

For the Utilities - Renewable subindustry, China Datang Renewable Power Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Datang Renewable Power Co's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Datang Renewable Power Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Datang Renewable Power Co's Gross Margin % falls into.



China Datang Renewable Power Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

China Datang Renewable Power Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1603.4 / 1644.17
=(Revenue - Cost of Goods Sold) / Revenue
=(1644.17 - 40.82) / 1644.17
=97.52 %

China Datang Renewable Power 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 )
=427.4 / 427.358
=(Revenue - Cost of Goods Sold) / Revenue
=(427.358 - 0) / 427.358
=N/A %

* 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 Datang Renewable Power Co  (STU:DT7) Gross Margin % 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 Datang Renewable Power Co had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


China Datang Renewable Power Co Gross Margin % Related Terms

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China Datang Renewable Power Co (STU:DT7) Business Description

Traded in Other Exchanges
Address
No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053
Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 12.7 gigawatts as of the end of 2022, representing 3.5% of the nationwide wind capacity. About 89.4% of the total installed capacity is wind power. The company also operates solar and gas-fired power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of 65.61%.

China Datang Renewable Power Co (STU:DT7) Headlines

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