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China Railway Construction (FRA:4FF) Gross Profit : €15,212 Mil (TTM As of Mar. 2024)


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What is China Railway Construction Gross Profit?

China Railway Construction's gross profit for the three months ended in Mar. 2024 was €2,736 Mil. China Railway Construction's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €15,212 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Railway Construction's gross profit for the three months ended in Mar. 2024 was €2,736 Mil. China Railway Construction's Revenue for the three months ended in Mar. 2024 was €35,125 Mil. Therefore, China Railway Construction's Gross Margin % for the quarter that ended in Mar. 2024 was 7.79%.

China Railway Construction had a gross margin of 7.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China Railway Construction was 11.45%. The lowest was 9.21%. And the median was 9.71%.


China Railway Construction Gross Profit Historical Data

The historical data trend for China Railway Construction'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 Railway Construction Gross Profit Chart

China Railway Construction 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 10,276.80 10,601.35 13,600.67 14,971.03 15,194.34

China Railway Construction Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,880.45 3,471.81 3,303.05 5,701.64 2,735.61

Competitive Comparison of China Railway Construction's Gross Profit

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Gross Profit distribution charts can be found below:

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



China Railway Construction Gross Profit Calculation

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

China Railway Construction'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
=146149.972 - 130955.63
=15,194

China Railway Construction's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=35125.028 - 32389.414
=2,736

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €15,212 Mil.

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

China Railway Construction's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,736 / 35125.028
=7.79 %

* 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 Railway Construction  (FRA:4FF) 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 Railway Construction had a gross margin of 7.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


China Railway Construction Gross Profit Related Terms

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China Railway Construction (FRA:4FF) Business Description

Traded in Other Exchanges
Address
East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

China Railway Construction (FRA:4FF) Headlines

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