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China Finance (China Finance) Gross Profit : $5.66 Mil (TTM As of Mar. 2007)


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What is China Finance Gross Profit?

China Finance's gross profit for the three months ended in Mar. 2007 was $0.20 Mil. China Finance's gross profit for the trailing twelve months (TTM) ended in Mar. 2007 was $5.66 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Finance's gross profit for the three months ended in Mar. 2007 was $0.20 Mil. China Finance's Revenue for the three months ended in Mar. 2007 was $0.20 Mil. Therefore, China Finance's Gross Margin % for the quarter that ended in Mar. 2007 was N/A%.

China Finance had a gross margin of N/A% for the quarter that ended in Mar. 2007 => No sustainable competitive advantage


China Finance Gross Profit Historical Data

The historical data trend for China Finance'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 Finance Gross Profit Chart

China Finance Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Gross Profit
Get a 7-Day Free Trial - - 4.82 0.40 5.49

China Finance Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 0.03 0.24 1.42 3.80 0.20

Competitive Comparison of China Finance's Gross Profit

For the Credit Services subindustry, China Finance'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 Finance's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Finance's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Finance's Gross Profit falls into.



China Finance Gross Profit Calculation

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

China Finance's Gross Profit for the fiscal year that ended in Dec. 2006 is calculated as

Gross Profit (A: Dec. 2006 )=Revenue - Cost of Goods Sold
=5.487 - 0
=5.49

China Finance's Gross Profit for the quarter that ended in Mar. 2007 is calculated as

Gross Profit (Q: Mar. 2007 )=Revenue - Cost of Goods Sold
=0.2 - 0
=0.20

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.66 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

China Finance's Gross Margin % for the quarter that ended in Mar. 2007 is calculated as

Gross Margin % (Q: Mar. 2007 )=Gross Profit (Q: Mar. 2007 ) / Revenue (Q: Mar. 2007 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.20 / 0.2
=N/A %

* 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 Finance  (OTCPK:CHFI) 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 Finance had a gross margin of N/A% for the quarter that ended in Mar. 2007 => No sustainable competitive advantage


China Finance Gross Profit Related Terms

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China Finance (China Finance) Business Description

Traded in Other Exchanges
N/A
Address
Shennan Road, 22 nd Floor, Tower 1, China Phoenix Building, Shenzhen, CHN
Website
China Finance Inc through its subsidiary provides financial support and services, mainly in the form of surety guarantees or short-term loans to privately owned small and medium sized enterprises in China.

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