GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China BlueChemical Ltd (HKSE:03983) » Definitions » Gross Profit

China BlueChemical (HKSE:03983) Gross Profit : HK$2,254 Mil (TTM As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is China BlueChemical Gross Profit?

China BlueChemical's gross profit for the six months ended in Dec. 2023 was HK$1,091 Mil. China BlueChemical's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,254 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China BlueChemical's gross profit for the six months ended in Dec. 2023 was HK$1,091 Mil. China BlueChemical's Revenue for the six months ended in Dec. 2023 was HK$7,453 Mil. Therefore, China BlueChemical's Gross Margin % for the quarter that ended in Dec. 2023 was 14.64%.

China BlueChemical had a gross margin of 14.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China BlueChemical was 24.87%. The lowest was 3.52%. And the median was 17.45%.

Warning Sign:

China BlueChemical Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


China BlueChemical Gross Profit Historical Data

The historical data trend for China BlueChemical'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.

China BlueChemical Gross Profit Chart

China BlueChemical 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 2,137.99 1,581.05 3,595.54 2,832.71 2,254.36

China BlueChemical Semi-Annual Data
Jun14 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 Premium Member Only 2,021.82 1,650.51 1,260.32 1,163.36 1,090.99

Competitive Comparison of China BlueChemical's Gross Profit

For the Agricultural Inputs subindustry, China BlueChemical'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.


China BlueChemical's Gross Profit Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, China BlueChemical's Gross Profit distribution charts can be found below:

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



China BlueChemical Gross Profit Calculation

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

China BlueChemical'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
=14208.004 - 11953.649
=2,254

China BlueChemical's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7453.153 - 6362.16
=1,091

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$2,254 Mil.

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

China BlueChemical'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
=1,091 / 7453.153
=14.64 %

* 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.


China BlueChemical  (HKSE:03983) 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

China BlueChemical had a gross margin of 14.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


China BlueChemical Gross Profit Related Terms

Thank you for viewing the detailed overview of China BlueChemical's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


China BlueChemical (HKSE:03983) Business Description

Traded in Other Exchanges
Address
No. 15, Sanqu, Anzhen Xili, Unit 1707, Kaikang CNOOC Mansion, District 3, Chaoyang District, Beijing, CHN, 100029
China BlueChemical Ltd is engaged in the development, production, and sales of mineral fertilizers and chemical products. The firm's segments are urea, methanol, phosphorus and compound fertilizer, and others. The urea segment is engaged in the manufacture and sale of urea. It generates maximum revenue from the Urea segment. Geographically, it derives the majority of its revenue from PRC.

China BlueChemical (HKSE:03983) Headlines

No Headlines