China Dongxiang (Group) Co's gross profit for the
six
months ended in Sep. 2024 was $72.9 Mil. China Dongxiang (Group) Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $164.0 Mil.
* 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 China Dongxiang (Group) Co's Gross Profit
For the Apparel Manufacturing subindustry, China Dongxiang (Group) 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.
China Dongxiang (Group) Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where China Dongxiang (Group) Co's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $164.0 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.
China Dongxiang (Group) Co (OTCPK:CDGXY) 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 Dongxiang (Group) Co had a gross margin of 68.92% for the quarter that ended in Sep. 2024 => Durable competitive advantage
China Dongxiang (Group) Co Gross Profit Related Terms
Thank you for viewing the detailed overview of China Dongxiang (Group) Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. The China Apparel segment engages in distribution and retail sales of sport apparel under Kappa brand and Phenix brand, as well as the franchise fee income from such trademarks for certain products. Sales in China account for the majority of the total company's revenue.
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