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China Everbright Greentech (FRA:CK7) Gross Profit : €187.7 Mil (TTM As of Dec. 2023)


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What is China Everbright Greentech Gross Profit?

China Everbright Greentech's gross profit for the six months ended in Dec. 2023 was €74.9 Mil. China Everbright Greentech's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €187.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Everbright Greentech's gross profit for the six months ended in Dec. 2023 was €74.9 Mil. China Everbright Greentech's Revenue for the six months ended in Dec. 2023 was €422.4 Mil. Therefore, China Everbright Greentech's Gross Margin % for the quarter that ended in Dec. 2023 was 17.74%.

China Everbright Greentech had a gross margin of 17.74% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of China Everbright Greentech was 36.12%. The lowest was 20.92%. And the median was 29.87%.

Warning Sign:

China Everbright Greentech Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


China Everbright Greentech Gross Profit Historical Data

The historical data trend for China Everbright Greentech'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 Everbright Greentech Gross Profit Chart

China Everbright Greentech 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 323.01 319.34 266.21 204.12 187.31

China Everbright Greentech Semi-Annual Data
Dec14 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 116.13 117.73 85.70 112.79 74.92

Competitive Comparison of China Everbright Greentech's Gross Profit

For the Utilities - Renewable subindustry, China Everbright Greentech'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 Everbright Greentech's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Everbright Greentech's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Everbright Greentech's Gross Profit falls into.



China Everbright Greentech Gross Profit Calculation

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

China Everbright Greentech'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
=870.876 - 683.568
=187.3

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=422.351 - 347.433
=74.9

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 €187.7 Mil.

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

China Everbright Greentech'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
=74.9 / 422.351
=17.74 %

* 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 Everbright Greentech  (FRA:CK7) 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 Everbright Greentech had a gross margin of 17.74% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


China Everbright Greentech Gross Profit Related Terms

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China Everbright Greentech (FRA:CK7) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Room 3602, 36th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Greentech Ltd is an investment holding company. It operates in the following segments: Integrated biomass utilization project construction and operation; Hazardous and solid waste treatment project construction and operation; Environmental remediation project operation; Solar energy, and wind power project operation. The company derives the majority of its revenue from the integrated biomass utilization segment, which engages in the construction and operation of biomass direct combustion power generation projects, biomass heat supply projects, biomass electricity and heat cogeneration projects, waste-to-energy projects, and integrated biomass and waste-to-energy project. Its geographical segments are China, Hong Kong, and Germany.

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