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Jujiang Construction Group Co (HKSE:01459) Gross Profit : HK$376 Mil (TTM As of Dec. 2023)


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What is Jujiang Construction Group Co Gross Profit?

Jujiang Construction Group Co's gross profit for the six months ended in Dec. 2023 was HK$200 Mil. Jujiang Construction Group Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$376 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jujiang Construction Group Co's gross profit for the six months ended in Dec. 2023 was HK$200 Mil. Jujiang Construction Group Co's Revenue for the six months ended in Dec. 2023 was HK$4,536 Mil. Therefore, Jujiang Construction Group Co's Gross Margin % for the quarter that ended in Dec. 2023 was 4.42%.

Jujiang Construction Group Co had a gross margin of 4.42% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Jujiang Construction Group Co was 5.76%. The lowest was 4.14%. And the median was 5.27%.

Warning Sign:

Jujiang Construction Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.8%.


Jujiang Construction Group Co Gross Profit Historical Data

The historical data trend for Jujiang Construction Group Co'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.

Jujiang Construction Group Co Gross Profit Chart

Jujiang Construction Group Co 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 413.35 465.58 576.83 406.07 376.41

Jujiang Construction Group Co Semi-Annual Data
Dec14 Jun15 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 Premium Member Only 300.08 201.27 214.33 175.93 200.47

Competitive Comparison of Jujiang Construction Group Co's Gross Profit

For the Engineering & Construction subindustry, Jujiang Construction Group Co'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.


Jujiang Construction Group Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jujiang Construction Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jujiang Construction Group Co's Gross Profit falls into.



Jujiang Construction Group Co Gross Profit Calculation

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

Jujiang Construction Group Co'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
=9094.851 - 8718.446
=376

Jujiang Construction Group Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4535.636 - 4335.163
=200

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 HK$376 Mil.

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

Jujiang Construction Group Co'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
=200 / 4535.636
=4.42 %

* 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.


Jujiang Construction Group Co  (HKSE:01459) 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

Jujiang Construction Group Co had a gross margin of 4.42% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Jujiang Construction Group Co Gross Profit Related Terms

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Jujiang Construction Group Co (HKSE:01459) Business Description

Traded in Other Exchanges
N/A
Address
No. 669 Qingfeng South Road (South), Zhejiang Province, Tongxiang, CHN, 314500
Jujiang Construction Group Co Ltd is a civil engineering company. It provides construction contracting services for residential, commercial, industrial, and public works in the People's Republic of China. Its operating business segments are the Construction contracting segment, which is engaged in the provision of services relating to construction contracting in architecture; and the Others segment is engaged in the provision of services on designing, surveying, and consulting relating to construction contracting in architecture, and sale of civil defense products. It generates the vast majority of its revenue from the Construction contracting segment in Mainland China.

Jujiang Construction Group Co (HKSE:01459) Headlines

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