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China Brilliant Global (HKSE:08026) Gross Profit : HK$7.26 Mil (TTM As of Sep. 2023)


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What is China Brilliant Global Gross Profit?

China Brilliant Global's gross profit for the three months ended in Sep. 2023 was HK$0.74 Mil. China Brilliant Global's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$7.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Brilliant Global's gross profit for the three months ended in Sep. 2023 was HK$0.74 Mil. China Brilliant Global's Revenue for the three months ended in Sep. 2023 was HK$15.55 Mil. Therefore, China Brilliant Global's Gross Margin % for the quarter that ended in Sep. 2023 was 4.75%.

China Brilliant Global had a gross margin of 4.75% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China Brilliant Global was 67.09%. The lowest was 4.15%. And the median was 10.58%.

Warning Sign:

China Brilliant Global Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.7%.


China Brilliant Global Gross Profit Historical Data

The historical data trend for China Brilliant Global'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 Brilliant Global Gross Profit Chart

China Brilliant Global Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 4.18 4.96 5.02 6.01

China Brilliant Global Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.89 1.35 2.10 3.07 0.74

Competitive Comparison of China Brilliant Global's Gross Profit

For the Luxury Goods subindustry, China Brilliant Global'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 Brilliant Global's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Brilliant Global's Gross Profit distribution charts can be found below:

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



China Brilliant Global Gross Profit Calculation

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

China Brilliant Global's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=93.93 - 87.916
=6.01

China Brilliant Global's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=15.55 - 14.811
=0.74

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$7.26 Mil.

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

China Brilliant Global's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.74 / 15.55
=4.75 %

* 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 Brilliant Global  (HKSE:08026) 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 Brilliant Global had a gross margin of 4.75% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


China Brilliant Global Gross Profit Related Terms

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China Brilliant Global (HKSE:08026) Business Description

Traded in Other Exchanges
N/A
Address
9 Des Voeux Road West, Flat B, 9th Floor, Sheung Wan, Hong Kong, HKG
China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending and distribution and retailing of Chinese herbal medicine and drugs. The company operates its business through three segments are Trading and retailing of gold and jewellery segment; Lending business, and the Fintech business segment. The Trading and retailing of gold and jewellery contribute maximum in the revenue of the company. The group's operations are mainly located in the PRC and Hong Kong, of which prime revenue is generated from the PRC.
Executives
Zhang Chunhua 2101 Beneficial owner
Brilliant Chapter Limited 2101 Beneficial owner
Zhang Chunping 2101 Beneficial owner

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