GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Power Equipment Inc (OTCPK:CPQQ) » Definitions » Gross Profit

China Power Equipment (China Power Equipment) Gross Profit : $8.66 Mil (TTM As of Sep. 2013)


View and export this data going back to 2009. Start your Free Trial

What is China Power Equipment Gross Profit?

China Power Equipment's gross profit for the three months ended in Sep. 2013 was $2.26 Mil. China Power Equipment's gross profit for the trailing twelve months (TTM) ended in Sep. 2013 was $8.66 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Power Equipment's gross profit for the three months ended in Sep. 2013 was $2.26 Mil. China Power Equipment's Revenue for the three months ended in Sep. 2013 was $9.13 Mil. Therefore, China Power Equipment's Gross Margin % for the quarter that ended in Sep. 2013 was 24.80%.

China Power Equipment had a gross margin of 24.80% for the quarter that ended in Sep. 2013 => Competition eroding margins


China Power Equipment Gross Profit Historical Data

The historical data trend for China Power Equipment'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 Power Equipment Gross Profit Chart

China Power Equipment Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Gross Profit
Get a 7-Day Free Trial 2.34 5.70 7.79 9.22 9.68

China Power Equipment Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 2.85 2.49 1.70 2.21 2.26

Competitive Comparison of China Power Equipment's Gross Profit

For the Electronic Components subindustry, China Power Equipment'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 Power Equipment's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Power Equipment's Gross Profit distribution charts can be found below:

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



China Power Equipment Gross Profit Calculation

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

China Power Equipment's Gross Profit for the fiscal year that ended in Dec. 2012 is calculated as

Gross Profit (A: Dec. 2012 )=Revenue - Cost of Goods Sold
=36.769 - 27.086
=9.68

China Power Equipment's Gross Profit for the quarter that ended in Sep. 2013 is calculated as

Gross Profit (Q: Sep. 2013 )=Revenue - Cost of Goods Sold
=9.13 - 6.866
=2.26

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.66 Mil.

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

China Power Equipment's Gross Margin % for the quarter that ended in Sep. 2013 is calculated as

Gross Margin % (Q: Sep. 2013 )=Gross Profit (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.26 / 9.13
=24.80 %

* 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 Power Equipment  (OTCPK:CPQQ) 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 Power Equipment had a gross margin of 24.80% for the quarter that ended in Sep. 2013 => Competition eroding margins


China Power Equipment Gross Profit Related Terms

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


China Power Equipment (China Power Equipment) Business Description

Traded in Other Exchanges
N/A
Address
Yongle Industry Zone, Jingyang Industry Concentration Area, Xi’an, Shaanxi, CHN, 713702
China Power Equipment Inc designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy distribution transformers in the Peoples Republic of China. Its devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industries. The Company offers its products to electricity generators and suppliers, suppliers of electrical equipment, and other electric power transformers manufacturers.

China Power Equipment (China Power Equipment) Headlines

No Headlines