GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Taifeng Beddings Holdings Ltd (OTCPK:CBEDF) » Definitions » Gross Profit

China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Gross Profit : $40.4 Mil (TTM As of Jun. 2014)


View and export this data going back to . Start your Free Trial

What is China Taifeng Beddings Holdings Gross Profit?

China Taifeng Beddings Holdings's gross profit for the six months ended in Jun. 2014 was $10.8 Mil. China Taifeng Beddings Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2014 was $40.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Taifeng Beddings Holdings's gross profit for the six months ended in Jun. 2014 was $10.8 Mil. China Taifeng Beddings Holdings's Revenue for the six months ended in Jun. 2014 was $106.8 Mil. Therefore, China Taifeng Beddings Holdings's Gross Margin % for the quarter that ended in Jun. 2014 was 10.15%.

China Taifeng Beddings Holdings had a gross margin of 10.15% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of China Taifeng Beddings Holdings was 39.54%. The lowest was 15.80%. And the median was 29.27%.


China Taifeng Beddings Holdings Gross Profit Historical Data

The historical data trend for China Taifeng Beddings Holdings'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.

China Taifeng Beddings Holdings Gross Profit Chart

China Taifeng Beddings Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Profit
Get a 7-Day Free Trial 58.05 96.18 130.70 152.33 103.33

China Taifeng Beddings Holdings Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 77.04 73.68 73.09 29.51 10.85

Competitive Comparison of China Taifeng Beddings Holdings's Gross Profit

For the Textile Manufacturing subindustry, China Taifeng Beddings Holdings'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.


China Taifeng Beddings Holdings's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where China Taifeng Beddings Holdings's Gross Profit falls into.



China Taifeng Beddings Holdings Gross Profit Calculation

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

China Taifeng Beddings Holdings's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=353.587 - 250.26
=103.3

China Taifeng Beddings Holdings's Gross Profit for the quarter that ended in Jun. 2014 is calculated as

Gross Profit (Q: Jun. 2014 )=Revenue - Cost of Goods Sold
=106.804 - 95.959
=10.8

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was $40.4 Mil.

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

China Taifeng Beddings Holdings's Gross Margin % for the quarter that ended in Jun. 2014 is calculated as

Gross Margin % (Q: Jun. 2014 )=Gross Profit (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=10.8 / 106.804
=10.15 %

* 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 Taifeng Beddings Holdings  (OTCPK:CBEDF) 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

China Taifeng Beddings Holdings had a gross margin of 10.15% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage


China Taifeng Beddings Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of China Taifeng Beddings Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Business Description

Traded in Other Exchanges
N/A
Address
China Taifeng Beddings Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of cotton yarns and bedding products in China. The Manufacture and Distribution of Cotton Yarns segment are engaged in the manufacture of cotton yarns tailored to the requirements of customers, as well as the distribution of the cotton yarns to textile manufacturers in domestic and overseas markets. The Manufacture and Distribution of Bedding Products segment are engaged in the manufacture and distribution of bed covers, flat sheets, pillowcases, bed sheets, quilt covers and other bedding products. Its products are sold under TAIFENG brand in China market or sold to overseas original equipment manufacturer customers under their international brands.

China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Headlines

No Headlines