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China Gengsheng Minerals (FRA:CGS) Gross Profit : €6.08 Mil (TTM As of Dec. 2013)


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What is China Gengsheng Minerals Gross Profit?

China Gengsheng Minerals's gross profit for the three months ended in Dec. 2013 was €0.42 Mil. China Gengsheng Minerals's gross profit for the trailing twelve months (TTM) ended in Dec. 2013 was €6.08 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Gengsheng Minerals's gross profit for the three months ended in Dec. 2013 was €0.42 Mil. China Gengsheng Minerals's Revenue for the three months ended in Dec. 2013 was €14.51 Mil. Therefore, China Gengsheng Minerals's Gross Margin % for the quarter that ended in Dec. 2013 was 2.87%.

China Gengsheng Minerals had a gross margin of 2.87% for the quarter that ended in Dec. 2013 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of China Gengsheng Minerals was 40.48%. The lowest was 13.25%. And the median was 28.45%.

Warning Sign:

China Gengsheng Minerals gross margin has been in long term decline. The average rate of decline per year is -16.3%.


China Gengsheng Minerals Gross Profit Historical Data

The historical data trend for China Gengsheng Minerals'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 Gengsheng Minerals Gross Profit Chart

China Gengsheng Minerals Annual Data
Trend Sep06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Profit
Get a 7-Day Free Trial 11.13 13.37 12.32 9.64 5.89

China Gengsheng Minerals Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 1.34 0.68 2.83 2.15 0.42

Competitive Comparison of China Gengsheng Minerals's Gross Profit

For the Building Materials subindustry, China Gengsheng Minerals'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 Gengsheng Minerals's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Gengsheng Minerals's Gross Profit distribution charts can be found below:

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



China Gengsheng Minerals Gross Profit Calculation

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

China Gengsheng Minerals'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
=44.443 - 38.554
=5.89

China Gengsheng Minerals's Gross Profit for the quarter that ended in Dec. 2013 is calculated as

Gross Profit (Q: Dec. 2013 )=Revenue - Cost of Goods Sold
=14.507 - 14.09
=0.42

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €6.08 Mil.

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

China Gengsheng Minerals's Gross Margin % for the quarter that ended in Dec. 2013 is calculated as

Gross Margin % (Q: Dec. 2013 )=Gross Profit (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.42 / 14.507
=2.87 %

* 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 Gengsheng Minerals  (FRA:CGS) 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 Gengsheng Minerals had a gross margin of 2.87% for the quarter that ended in Dec. 2013 => No sustainable competitive advantage


China Gengsheng Minerals Gross Profit Related Terms

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China Gengsheng Minerals (FRA:CGS) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Gengsheng Road, Dayugou Town, Gongyi, Henan, CHN, 451271
China Gengsheng Minerals Inc is a holding company. It operates in the materials technology industry through its subsidiaries in China. It develops, manufactures and sells a broad range of mineral-based products. Its products include refractory products, industrial ceramics, fracture proppants and fine precision abrasives and corundum materials. It sells its products to iron, steel, oil, glass, cement, aluminum, chemical and solar industries. The company has Refractories, Industrial ceramic, Fracture proppant, Fire precision abrasives segments. It derives the majority of its revenues from Refractories segment.

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