GLCC (Good Life China) Gross Profit: $0.00 Mil (TTM As of . 20)

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What is Good Life China Gross Profit?

Good Life China GLCC -95.00% Gross Profit is $0.00 Mil as of . 20.

Good Life China's gross profit for the three months ended in . 20 was $0.00 Mil. Good Life China's gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Good Life China's gross profit for the three months ended in . 20 was $0.00 Mil. Good Life China's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Good Life China's Gross Margin % for the quarter that ended in . 20 was N/A%.

Good Life China had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

Good Life China  (OTCPK:GLCC) 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

Good Life China had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

Good Life China Gross Profit Related Terms

Good Life China Gross Profit Historical Data

* Premium members only.

The historical data trend for Good Life China'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.

Good Life China Gross Profit Chart

Good Life China Annual Data
Trend
Gross Profit

Good Life China Quarterly Data
Gross Profit

GLCC vs GBBT, BWMG, SCRH: Gross Profit Comparison

For the Food Distribution subindustry, Good Life China'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.

Good Life China Gross Profit vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Good Life China's Gross Profit distribution charts can be found below:

* The bar in red indicates where Good Life China's Gross Profit falls into.


Good Life China Gross Profit Calculation

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

Good Life China's Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Good Life China's Gross Profit for the quarter that ended in . 20 is calculated as

Gross Profit (Q: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Gross Profit for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Good Life China's Gross Margin % for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
=N/A %

* 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 $0.00 Mil mean?
Good Life China (GLCC) has a Gross Profit of $0.00 Mil as of . 20. Gross Profit equals net sales less total cost of goods sold. View historical data on Good Life China and its competitors.
Is Good Life China's Gross Profit too high?
Good Life China's current Gross Profit is $0.00 Mil.
How does Good Life China's Gross Profit compare to GBBT and BWMG?
Good Life China's Gross Profit of $0.00 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Gross Profit depends on the Retail - Defensive 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 Good Life China and its competitors. Good Life China's current Gross Profit is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Life China stock overvalued right now?
Good Life China (GLCC) has a current Gross Profit of $0.00 Mil. The current Gross Profit is $0.00 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 Good Life China (GLCC), the current Gross Profit is $0.00 Mil as of . 20. 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.

Good Life China Business Description

Address Guancheng Junda Business Center, Dongcheng District, Dongguan, CHN, 100085
Good Life China Corp operates as a one-stop integrated model of modern large-scale food production, and marketing company.