* 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.
Yangtze Optical Fibre and Cable Joint Stock Co Gross Profit Chart
Yangtze Optical Fibre and Cable Joint Stock Co Annual Data
Competitive Comparison of Yangtze Optical Fibre and Cable Joint Stock Co's Gross Profit
For the Communication Equipment subindustry, Yangtze Optical Fibre and Cable Joint Stock 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.
Yangtze Optical Fibre and Cable Joint Stock Co's Gross Profit Distribution in the Hardware Industry
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$3,606 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.
Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) 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
Yangtze Optical Fibre and Cable Joint Stock Co had a gross margin of 27.67% for the quarter that ended in Sep. 2024 => Competition eroding margins
Yangtze Optical Fibre and Cable Joint Stock Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Yangtze Optical Fibre and Cable Joint Stock Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Yangtze Optical Fibre and Cable Joint Stock Co Business Description
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through three operating segments, optical fibers and optical fiber preforms; and Optical components and modules, optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:06869 has been successfully added to your 