China Specialty Glass AG (FRA:8GS) Gross Profit: €42.0 Mil (TTM As of Jun. 2014)

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What is China Specialty Glass AG Gross Profit?

China Specialty Glass AG FRA:8GS Gross Profit is €42.0 Mil as of Jun. 2014.

China Specialty Glass AG's gross profit for the three months ended in Jun. 2014 was €12.9 Mil. China Specialty Glass AG's gross profit for the trailing twelve months (TTM) ended in Jun. 2014 was €42.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Specialty Glass AG's gross profit for the three months ended in Jun. 2014 was €12.9 Mil. China Specialty Glass AG's Revenue for the three months ended in Jun. 2014 was €28.7 Mil. Therefore, China Specialty Glass AG's Gross Margin % for the quarter that ended in Jun. 2014 was 44.93%.

China Specialty Glass AG had a gross margin of 44.93% for the quarter that ended in Jun. 2014 => Durable competitive advantage


China Specialty Glass AG  (FRA:8GS) 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 Specialty Glass AG had a gross margin of 44.93% for the quarter that ended in Jun. 2014 => Durable competitive advantage


China Specialty Glass AG Gross Profit Related Terms


China Specialty Glass AG Gross Profit Historical Data

* Premium members only.

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG Gross Profit Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Gross Profit
0.00 35.13 51.89 50.68

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 17.14 21.27 -2.09 9.88 12.89

FRA:8GS vs DTII, VCON, UUU: Gross Profit Comparison

For the Security & Protection Services subindustry, China Specialty Glass AG'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 Specialty Glass AG Gross Profit vs Business Services Industry

For the Business Services industry and Industrials sector, China Specialty Glass AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Specialty Glass AG's Gross Profit falls into.



China Specialty Glass AG Gross Profit Calculation

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

China Specialty Glass AG's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=118.727 - 68.051
=50.7

China Specialty Glass AG's Gross Profit for the quarter that ended in Jun. 2014 is calculated as

Gross Profit (Q: Jun. 2014 )=Revenue - Cost of Goods Sold
=28.688 - 15.798
=12.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €42.0 Mil.

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

China Specialty Glass AG's Gross Margin % for the quarter that ended in Jun. 2014 is calculated as

Gross Margin % (Q: Jun. 2014 )=Gross Profit (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.9 / 28.688
=44.93 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of €42.0 Mil mean?
China Specialty Glass AG (FRA:8GS) has a Gross Profit of €42.0 Mil as of Jun. 2014. Gross Profit equals net sales less total cost of goods sold. View historical data on China Specialty Glass AG and its competitors.
Is China Specialty Glass AG's Gross Profit too high?
China Specialty Glass AG's current Gross Profit is €42.0 Mil.
How does China Specialty Glass AG's Gross Profit compare to DTII and VCON?
China Specialty Glass AG's Gross Profit of €42.0 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Business Services company?
A good Gross Profit depends on the Business Services industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on China Specialty Glass AG and its competitors. China Specialty Glass AG's current Gross Profit is €42.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Specialty Glass AG stock overvalued right now?
China Specialty Glass AG (FRA:8GS) has a current Gross Profit of €42.0 Mil. The current Gross Profit is €42.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For China Specialty Glass AG (FRA:8GS), the current Gross Profit is €42.0 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Specialty Glass AG Business Description

Address An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.