Aluminum of China's gross profit for the
three
months ended in Sep. 2024 was $1,040 Mil. Aluminum of China's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $4,758 Mil.
Aluminum of China had a gross margin of 11.67% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of Aluminum of China was 16.23%. The lowest was 1.45%. And the median was 8.04%.
Aluminum of China Gross Profit Historical Data
The historical data trend for Aluminum of China'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.
Competitive Comparison of Aluminum of China's Gross Profit
For the Aluminum subindustry, Aluminum of China'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.
Aluminum of China's Gross Profit Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Gross Profit distribution charts can be found below:
* The bar in red indicates where Aluminum of China's Gross Profit falls into.
Aluminum of China Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Aluminum of China's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,758 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Aluminum of China (OTCPK:ALMMF) 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
Aluminum of China had a gross margin of 11.67% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
Aluminum of China Gross Profit Related Terms
Thank you for viewing the detailed overview of Aluminum of China's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are; The alumina segment, The primary aluminum segment, Energy, Trading, and the Corporate segment. The majority of its revenue is generated from the primary aluminum segment which consists of procuring alumina and other raw materials, supplemental materials and electricity power, and smelting alumina to produce primary aluminum. Geographically, its key revenue is derived from Mainland China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ALMMF has been successfully added to your 