Zhixin Group Holding's gross profit for the
six
months ended in Dec. 2024 was HK$9.5 Mil. Zhixin Group Holding's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was HK$58.5 Mil.
Zhixin Group Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.6%.
Zhixin Group Holding Gross Profit Historical Data
The historical data trend for Zhixin Group Holding'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.
Competitive Comparison of Zhixin Group Holding's Gross Profit
For the Building Materials subindustry, Zhixin Group Holding'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.
Zhixin Group Holding's Gross Profit Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Zhixin Group Holding's Gross Profit distribution charts can be found below:
* The bar in red indicates where Zhixin Group Holding's Gross Profit falls into.
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$58.5 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Zhixin Group Holding (HKSE:02187) 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
Zhixin Group Holding had a gross margin of 2.64% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage
Zhixin Group Holding Gross Profit Related Terms
Thank you for viewing the detailed overview of Zhixin Group Holding's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhixin Group Holding Ltd is a manufacturer and supplier of concrete-based building materials. The principal products of the company are ready-mixed concrete and precast concrete components. In addition, the Group is also engaged in solid waste processing and sales of eco-friendly construction materials. The company's operating segments are (i) Ready-mixed concrete, (ii) Precast concrete components, and (iii) Tailings recycling and bricks. The majority of revenue is from the Ready-mixed concrete segment.
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