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CDTG (CDT Environmental Technology Investment Holdings) Gross Profit : $11.39 Mil (TTM As of Dec. 2023)


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What is CDT Environmental Technology Investment Holdings Gross Profit?

CDT Environmental Technology Investment Holdings's gross profit for the six months ended in Dec. 2023 was $6.56 Mil. CDT Environmental Technology Investment Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $11.39 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CDT Environmental Technology Investment Holdings's gross profit for the six months ended in Dec. 2023 was $6.56 Mil. CDT Environmental Technology Investment Holdings's Revenue for the six months ended in Dec. 2023 was $18.75 Mil. Therefore, CDT Environmental Technology Investment Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 35.00%.

CDT Environmental Technology Investment Holdings had a gross margin of 35.00% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of CDT Environmental Technology Investment Holdings was 45.55%. The lowest was 33.28%. And the median was 36.70%.

Warning Sign:

CDT Environmental Technology Investment Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


CDT Environmental Technology Investment Holdings Gross Profit Historical Data

The historical data trend for CDT Environmental Technology Investment 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.

CDT Environmental Technology Investment Holdings Gross Profit Chart

CDT Environmental Technology Investment Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 6.99 3.93 8.49 10.25 11.39

CDT Environmental Technology Investment Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.33 4.69 5.57 4.82 6.56

Competitive Comparison of CDT Environmental Technology Investment Holdings's Gross Profit

For the Waste Management subindustry, CDT Environmental Technology Investment 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.


CDT Environmental Technology Investment Holdings's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CDT Environmental Technology Investment Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where CDT Environmental Technology Investment Holdings's Gross Profit falls into.



CDT Environmental Technology Investment Holdings Gross Profit Calculation

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

CDT Environmental Technology Investment Holdings'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
=34.21 - 22.825
=11.39

CDT Environmental Technology Investment Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=18.746 - 12.185
=6.56

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11.39 Mil.

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

CDT Environmental Technology Investment Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.56 / 18.746
=35.00 %

* 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.


CDT Environmental Technology Investment Holdings  (NAS:CDTG) 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

CDT Environmental Technology Investment Holdings had a gross margin of 35.00% for the quarter that ended in Dec. 2023 => Competition eroding margins


CDT Environmental Technology Investment Holdings Gross Profit Related Terms

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CDT Environmental Technology Investment Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 8 Kefa Road, C1, 4th Floor, Building 1, Financial Base, Nanshan District, Shenzhen, CHN, 518057
CDT Environmental Technology Investment Holdings Ltd is a waste treatment company. The company generates revenue through the design, development, manufacture, sales, installation, operation and maintenance of sewage treatment systems and by providing sewage treatment services. It engages in two business lines namely, rural sewage treatment and septic tank treatment in both urban and rural areas.

CDT Environmental Technology Investment Holdings Headlines

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