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CIA Tecidosntanense (BSP:CTSA3) Gross Profit : R$-7.7 Mil (TTM As of Sep. 2023)


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What is CIA Tecidosntanense Gross Profit?

CIA Tecidosntanense's gross profit for the three months ended in Sep. 2023 was R$4.3 Mil. CIA Tecidosntanense's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was R$-7.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CIA Tecidosntanense's gross profit for the three months ended in Sep. 2023 was R$4.3 Mil. CIA Tecidosntanense's Revenue for the three months ended in Sep. 2023 was R$52.5 Mil. Therefore, CIA Tecidosntanense's Gross Margin % for the quarter that ended in Sep. 2023 was 8.27%.

CIA Tecidosntanense had a gross margin of 8.27% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of CIA Tecidosntanense was 23.49%. The lowest was -7.31%. And the median was 16.41%.

Warning Sign:

CIA Tecidos Santanense gross margin has been in long-term decline. The average rate of decline per year is -15.9%.


CIA Tecidosntanense Gross Profit Historical Data

The historical data trend for CIA Tecidosntanense'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.

CIA Tecidosntanense Gross Profit Chart

CIA Tecidosntanense Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.46 96.57 73.60 94.88 35.79

CIA Tecidosntanense Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
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 6.16 7.98 3.37 -15.39 4.34

Competitive Comparison of CIA Tecidosntanense's Gross Profit

For the Textile Manufacturing subindustry, CIA Tecidosntanense'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.


CIA Tecidosntanense's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CIA Tecidosntanense's Gross Profit distribution charts can be found below:

* The bar in red indicates where CIA Tecidosntanense's Gross Profit falls into.



CIA Tecidosntanense Gross Profit Calculation

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

CIA Tecidosntanense'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
=409.92 - 374.132
=35.8

CIA Tecidosntanense's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=52.517 - 48.176
=4.3

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 R$-7.7 Mil.

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

CIA Tecidosntanense'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
=4.3 / 52.517
=8.27 %

* 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.


CIA Tecidosntanense  (BSP:CTSA3) 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

CIA Tecidosntanense had a gross margin of 8.27% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


CIA Tecidosntanense Gross Profit Related Terms

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CIA Tecidosntanense (BSP:CTSA3) Business Description

Traded in Other Exchanges
Address
Avenida Osmane Barbosa 1235, Montes Claros, MG, BRA, 39404006
CIA Tecidos Santanense operates in the Broadwoven fabric mills, cotton sector. It is involved in the spinning, weaving, & finishing of woven fabrics used in apparel articles. It offers sportswear apparel products and workwear professional uniforms and personal protective equipment.

CIA Tecidosntanense (BSP:CTSA3) Headlines

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