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Kerun Intellgent Control Co (BJSE:834062) Gross Profit : ¥191 Mil (TTM As of Sep. 2024)


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What is Kerun Intellgent Control Co Gross Profit?

Kerun Intellgent Control Co's gross profit for the three months ended in Sep. 2024 was ¥45 Mil. Kerun Intellgent Control Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥191 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kerun Intellgent Control Co's gross profit for the three months ended in Sep. 2024 was ¥45 Mil. Kerun Intellgent Control Co's Revenue for the three months ended in Sep. 2024 was ¥328 Mil. Therefore, Kerun Intellgent Control Co's Gross Margin % for the quarter that ended in Sep. 2024 was 13.68%.

Kerun Intellgent Control Co had a gross margin of 13.68% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Kerun Intellgent Control Co was 26.95%. The lowest was 17.07%. And the median was 23.04%.

Warning Sign:

Kerun Intellgent Control Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


Kerun Intellgent Control Co Gross Profit Historical Data

The historical data trend for Kerun Intellgent Control 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.

Kerun Intellgent Control Co Gross Profit Chart

Kerun Intellgent Control 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 118.19 126.32 125.64 166.41 192.76

Kerun Intellgent Control Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 55.80 53.58 35.08 57.22 44.85

Competitive Comparison of Kerun Intellgent Control Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Kerun Intellgent Control 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.


Kerun Intellgent Control Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kerun Intellgent Control Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kerun Intellgent Control Co's Gross Profit falls into.



Kerun Intellgent Control Co Gross Profit Calculation

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

Kerun Intellgent Control 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
=1003.536 - 810.779
=193

Kerun Intellgent Control Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=327.761 - 282.909
=45

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 ¥191 Mil.

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

Kerun Intellgent Control Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=45 / 327.761
=13.68 %

* 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.


Kerun Intellgent Control Co  (BJSE:834062) 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

Kerun Intellgent Control Co had a gross margin of 13.68% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Kerun Intellgent Control Co Gross Profit Related Terms

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Kerun Intellgent Control Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Kaiyuan Road, Shanhai Cooperation Zone, Economic Development Zone, Jiangshan City, Zhejiang Province, Quzhou City, CHN, 324100
Kerun Intellgent Control Co Ltd conducts research, development, production, sales, and service of power transmission and distribution equipment, high and low-voltage complete sets, special power containers, transformers, and new energy products. The company has six major business divisions - Electrical Division, Transformer Division, Component Division, Sheet Metal Division, New Energy Division, and Military Industry Division. The leading products are transformer series, high and low voltage complete switchgear series, and box-type substation series.

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