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Fuxing China Group (FRA:3FU1) Gross Profit : €5.87 Mil (TTM As of Dec. 2023)


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What is Fuxing China Group Gross Profit?

Fuxing China Group's gross profit for the six months ended in Dec. 2023 was €2.80 Mil. Fuxing China Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €5.87 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fuxing China Group's gross profit for the six months ended in Dec. 2023 was €2.80 Mil. Fuxing China Group's Revenue for the six months ended in Dec. 2023 was €49.41 Mil. Therefore, Fuxing China Group's Gross Margin % for the quarter that ended in Dec. 2023 was 5.67%.

Fuxing China Group had a gross margin of 5.67% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Fuxing China Group was 9.27%. The lowest was 2.64%. And the median was 6.15%.


Fuxing China Group Gross Profit Historical Data

The historical data trend for Fuxing China Group'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.

Fuxing China Group Gross Profit Chart

Fuxing China Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 2.31 9.82 7.64 5.86

Fuxing China Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 5.88 4.62 3.21 3.07 2.80

Competitive Comparison of Fuxing China Group's Gross Profit

For the Apparel Manufacturing subindustry, Fuxing China Group'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.


Fuxing China Group's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fuxing China Group's Gross Profit distribution charts can be found below:

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



Fuxing China Group Gross Profit Calculation

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

Fuxing China Group'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
=97.832 - 91.972
=5.86

Fuxing China Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=49.405 - 46.603
=2.80

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 €5.87 Mil.

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

Fuxing China Group'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
=2.80 / 49.405
=5.67 %

* 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.


Fuxing China Group  (FRA:3FU1) 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

Fuxing China Group had a gross margin of 5.67% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Fuxing China Group Gross Profit Related Terms

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Fuxing China Group (FRA:3FU1) Business Description

Traded in Other Exchanges
Address
Hangbian Industrial Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241
Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains, and Zipper Sliders. The processing segment includes colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.

Fuxing China Group (FRA:3FU1) Headlines

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