Sino Grandness Food Industry Group (FRA:JSO1) Gross Profit: €113.9 Mil (TTM As of Dec. 2022)

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What is Sino Grandness Food Industry Group Gross Profit?

Sino Grandness Food Industry Group FRA:JSO1 Gross Profit is €113.9 Mil as of Dec. 2022.

Sino Grandness Food Industry Group's gross profit for the three months ended in Dec. 2022 was €33.9 Mil. Sino Grandness Food Industry Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was €113.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sino Grandness Food Industry Group's gross profit for the three months ended in Dec. 2022 was €33.9 Mil. Sino Grandness Food Industry Group's Revenue for the three months ended in Dec. 2022 was €89.9 Mil. Therefore, Sino Grandness Food Industry Group's Gross Margin % for the quarter that ended in Dec. 2022 was 37.72%.

Sino Grandness Food Industry Group had a gross margin of 37.72% for the quarter that ended in Dec. 2022 => Competition eroding margins


Sino Grandness Food Industry Group  (FRA:JSO1) 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

Sino Grandness Food Industry Group had a gross margin of 37.72% for the quarter that ended in Dec. 2022 => Competition eroding margins


Sino Grandness Food Industry Group Gross Profit Related Terms


Sino Grandness Food Industry Group Gross Profit Historical Data

* Premium members only.

The historical data trend for Sino Grandness Food Industry 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.

Sino Grandness Food Industry Group Gross Profit Chart

Sino Grandness Food Industry 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 172.62 -147.48 59.00 104.32 122.94

Sino Grandness Food Industry Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 33.40 18.68 31.36 29.99 33.90

FRA:JSO1 vs KHC, GIS, HRL: Gross Profit Comparison

For the Packaged Foods subindustry, Sino Grandness Food Industry 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.


Sino Grandness Food Industry Group Gross Profit vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sino Grandness Food Industry Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sino Grandness Food Industry Group's Gross Profit falls into.



Sino Grandness Food Industry Group Gross Profit Calculation

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

Sino Grandness Food Industry 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
=337.85926622724 - 214.91879946996
=122.9

Sino Grandness Food Industry Group's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=89.858730076619 - 55.961784991288
=33.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €113.9 Mil.

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

Sino Grandness Food Industry Group's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=33.9 / 89.858730076619
=37.72 %

* 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 €113.9 Mil mean?
Sino Grandness Food Industry Group (FRA:JSO1) has a Gross Profit of €113.9 Mil as of Dec. 2022. Gross Profit equals net sales less total cost of goods sold. View historical data on Sino Grandness Food Industry Group and its competitors.
Is Sino Grandness Food Industry Group's Gross Profit too high?
Sino Grandness Food Industry Group's current Gross Profit is €113.9 Mil.
How does Sino Grandness Food Industry Group's Gross Profit compare to KHC and GIS?
Sino Grandness Food Industry Group's Gross Profit of €113.9 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Gross Profit depends on the Consumer Packaged Goods 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 Sino Grandness Food Industry Group and its competitors. Sino Grandness Food Industry Group's current Gross Profit is €113.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Grandness Food Industry Group stock overvalued right now?
Sino Grandness Food Industry Group (FRA:JSO1) has a current Gross Profit of €113.9 Mil. The current Gross Profit is €113.9 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 Sino Grandness Food Industry Group (FRA:JSO1), the current Gross Profit is €113.9 Mil as of Dec. 2022. 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.

Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.