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Parsan Makina Parcalarinayii AS (IST:PARSN) Gross Profit : ₺445 Mil (TTM As of Dec. 2024)


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What is Parsan Makina Parcalarinayii AS Gross Profit?

Parsan Makina Parcalarinayii AS's gross profit for the three months ended in Dec. 2024 was ₺12 Mil. Parsan Makina Parcalarinayii AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₺445 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Parsan Makina Parcalarinayii AS's gross profit for the three months ended in Dec. 2024 was ₺12 Mil. Parsan Makina Parcalarinayii AS's Revenue for the three months ended in Dec. 2024 was ₺1,001 Mil. Therefore, Parsan Makina Parcalarinayii AS's Gross Margin % for the quarter that ended in Dec. 2024 was 1.19%.

Parsan Makina Parcalarinayii AS had a gross margin of 1.19% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Parsan Makina Parcalarinayii AS was 34.12%. The lowest was 10.66%. And the median was 24.28%.

Warning Sign:

Parsan Makina Parcalari Sanayii AS gross margin has been in long-term decline. The average rate of decline per year is -11.9%.


Parsan Makina Parcalarinayii AS Gross Profit Historical Data

The historical data trend for Parsan Makina Parcalarinayii AS'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.

Parsan Makina Parcalarinayii AS Gross Profit Chart

Parsan Makina Parcalarinayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.96 273.81 533.21 879.85 444.74

Parsan Makina Parcalarinayii AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 219.61 282.86 66.90 83.12 11.87

Competitive Comparison of Parsan Makina Parcalarinayii AS's Gross Profit

For the Specialty Industrial Machinery subindustry, Parsan Makina Parcalarinayii AS'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.


Parsan Makina Parcalarinayii AS's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parsan Makina Parcalarinayii AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Parsan Makina Parcalarinayii AS's Gross Profit falls into.


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Parsan Makina Parcalarinayii AS Gross Profit Calculation

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

Parsan Makina Parcalarinayii AS'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
=4172.814 - 3728.074
=445

Parsan Makina Parcalarinayii AS's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1000.726 - 988.86
=12

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺445 Mil.

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

Parsan Makina Parcalarinayii AS'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
=12 / 1000.726
=1.19 %

* 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.


Parsan Makina Parcalarinayii AS  (IST:PARSN) 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

Parsan Makina Parcalarinayii AS had a gross margin of 1.19% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Parsan Makina Parcalarinayii AS Gross Profit Related Terms

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Parsan Makina Parcalarinayii AS Business Description

Traded in Other Exchanges
N/A
Address
Kemiklidere Mevkii PK: 3 Guzelyali Koyu, Pendik, Istanbul, TUR, 34903
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.

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