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Beijing Paratera Tech (BJSE:839493) Gross Profit : ¥152.8 Mil (TTM As of Mar. 2024)


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What is Beijing Paratera Tech Gross Profit?

Beijing Paratera Tech's gross profit for the three months ended in Mar. 2024 was ¥44.8 Mil. Beijing Paratera Tech's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥152.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Paratera Tech's gross profit for the three months ended in Mar. 2024 was ¥44.8 Mil. Beijing Paratera Tech's Revenue for the three months ended in Mar. 2024 was ¥130.7 Mil. Therefore, Beijing Paratera Tech's Gross Margin % for the quarter that ended in Mar. 2024 was 34.27%.

Beijing Paratera Tech had a gross margin of 34.27% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Beijing Paratera Tech was 63.27%. The lowest was 25.63%. And the median was 31.44%.

Warning Sign:

Beijing Paratera Tech Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


Beijing Paratera Tech Gross Profit Historical Data

The historical data trend for Beijing Paratera Tech'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.

Beijing Paratera Tech Gross Profit Chart

Beijing Paratera Tech 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 34.41 52.71 74.87 88.38 127.05

Beijing Paratera Tech Quarterly Data
Dec18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.02 28.91 36.61 42.51 44.80

Competitive Comparison of Beijing Paratera Tech's Gross Profit

For the Software - Infrastructure subindustry, Beijing Paratera Tech'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.


Beijing Paratera Tech's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Paratera Tech's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Paratera Tech's Gross Profit falls into.



Beijing Paratera Tech Gross Profit Calculation

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

Beijing Paratera Tech'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
=495.672 - 368.622
=127.1

Beijing Paratera Tech's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=130.718 - 85.918
=44.8

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥152.8 Mil.

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

Beijing Paratera Tech's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=44.8 / 130.718
=34.27 %

* 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.


Beijing Paratera Tech  (BJSE:839493) 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

Beijing Paratera Tech had a gross margin of 34.27% for the quarter that ended in Mar. 2024 => Competition eroding margins


Beijing Paratera Tech Gross Profit Related Terms

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Beijing Paratera Tech (BJSE:839493) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094
Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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