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Shinelong Automotive Lightweight Application (HKSE:01930) Gross Profit : HK$50.8 Mil (TTM As of Dec. 2024)


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What is Shinelong Automotive Lightweight Application Gross Profit?

Shinelong Automotive Lightweight Application's gross profit for the six months ended in Dec. 2024 was HK$26.0 Mil. Shinelong Automotive Lightweight Application's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$50.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shinelong Automotive Lightweight Application's gross profit for the six months ended in Dec. 2024 was HK$26.0 Mil. Shinelong Automotive Lightweight Application's Revenue for the six months ended in Dec. 2024 was HK$128.0 Mil. Therefore, Shinelong Automotive Lightweight Application's Gross Margin % for the quarter that ended in Dec. 2024 was 20.35%.

Shinelong Automotive Lightweight Application had a gross margin of 20.35% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Shinelong Automotive Lightweight Application was 39.38%. The lowest was 19.95%. And the median was 33.57%.

Warning Sign:

Shinelong Automotive Lightweight Application Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.4%.


Shinelong Automotive Lightweight Application Gross Profit Historical Data

The historical data trend for Shinelong Automotive Lightweight Application'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.

Shinelong Automotive Lightweight Application Gross Profit Chart

Shinelong Automotive Lightweight Application Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 84.43 59.53 49.76 55.65 50.62

Shinelong Automotive Lightweight Application Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 27.19 32.84 22.81 24.77 26.05

Competitive Comparison of Shinelong Automotive Lightweight Application's Gross Profit

For the Auto Parts subindustry, Shinelong Automotive Lightweight Application'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.


Shinelong Automotive Lightweight Application's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shinelong Automotive Lightweight Application's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shinelong Automotive Lightweight Application's Gross Profit falls into.


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Shinelong Automotive Lightweight Application Gross Profit Calculation

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

Shinelong Automotive Lightweight Application's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=253.728 - 203.11
=50.6

Shinelong Automotive Lightweight Application's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=127.995 - 101.946
=26.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$50.8 Mil.

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

Shinelong Automotive Lightweight Application's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=26.0 / 127.995
=20.35 %

* 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.


Shinelong Automotive Lightweight Application  (HKSE:01930) 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

Shinelong Automotive Lightweight Application had a gross margin of 20.35% for the quarter that ended in Dec. 2024 => Competition eroding margins


Shinelong Automotive Lightweight Application Gross Profit Related Terms

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Shinelong Automotive Lightweight Application Business Description

Traded in Other Exchanges
N/A
Address
90 Yangongdai Lane, Zhangpu Town, Jiangsu Province, Kunshan, CHN
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. Geographically, it generates maximum revenue from the PRC.
Executives
Lin Wan-yi 2101 Beneficial owner
Su Su-mei 2202 Interest of your spouse
Shine Art International Limited 2101 Beneficial owner
Friendly Holdings (hk) Co., Limited 2101 Beneficial owner
Hammurabi International Limited 2201 Interest of corporation controlled by you
Liu Fang Jung 2201 Interest of corporation controlled by you

Shinelong Automotive Lightweight Application Headlines

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