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CHWRF (China Tower) Gross Profit : $12,695 Mil (TTM As of Dec. 2024)


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What is China Tower Gross Profit?

China Tower's gross profit for the six months ended in Dec. 2024 was $6,469 Mil. China Tower's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $12,695 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Tower's gross profit for the six months ended in Dec. 2024 was $6,469 Mil. China Tower's Revenue for the six months ended in Dec. 2024 was $6,802 Mil. Therefore, China Tower's Gross Margin % for the quarter that ended in Dec. 2024 was 95.10%.

China Tower had a gross margin of 95.10% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of China Tower was 99.16%. The lowest was 78.91%. And the median was 93.85%.


China Tower Gross Profit Historical Data

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

China Tower Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,694.22 12,783.82 12,380.48 12,410.86 12,672.96

China Tower Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 6,235.64 6,096.85 6,295.90 6,226.58 6,468.61

Competitive Comparison of China Tower's Gross Profit

For the Telecom Services subindustry, China Tower'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 Tower's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Tower's Gross Profit distribution charts can be found below:

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


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China Tower Gross Profit Calculation

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

China Tower's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=13428.929 - 755.972
=12,673

China Tower's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=6802.231 - 333.622
=6,469

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $12,695 Mil.

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

China Tower's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6,469 / 6802.231
=95.10 %

* 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 Tower  (OTCPK:CHWRF) 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 Tower had a gross margin of 95.10% for the quarter that ended in Dec. 2024 => Durable competitive advantage


China Tower Gross Profit Related Terms

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China Tower Business Description

Traded in Other Exchanges
Address
Yard No. 9, Dongran North Street, Room 101, LG1 to 3rd Floor, Building 14, China Tower Industrial Park, Haidian District, Beijing, CHN
China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The Company is principally engaged in the construction, maintenance, and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). The business of the company includes Tower business; DAS business; Smart Tower business and Energy business. The Group's revenue is generated from the Three TSPs.