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JELCF (Johnson Electric Holdings) Gross Profit : $851 Mil (TTM As of Mar. 2024)


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What is Johnson Electric Holdings Gross Profit?

Johnson Electric Holdings's gross profit for the six months ended in Mar. 2024 was $421 Mil. Johnson Electric Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $851 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Johnson Electric Holdings's gross profit for the six months ended in Mar. 2024 was $421 Mil. Johnson Electric Holdings's Revenue for the six months ended in Mar. 2024 was $1,877 Mil. Therefore, Johnson Electric Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 22.44%.

Johnson Electric Holdings had a gross margin of 22.44% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Johnson Electric Holdings was 29.61%. The lowest was 19.63%. And the median was 22.92%.

Warning Sign:

Johnson Electric Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Johnson Electric Holdings Gross Profit Historical Data

The historical data trend for Johnson Electric Holdings'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.

Johnson Electric Holdings Gross Profit Chart

Johnson Electric Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 672.26 723.29 701.91 715.91 850.72

Johnson Electric Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 344.54 354.52 361.39 429.58 421.14

Competitive Comparison of Johnson Electric Holdings's Gross Profit

For the Auto Parts subindustry, Johnson Electric Holdings'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.


Johnson Electric Holdings's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Johnson Electric Holdings's Gross Profit falls into.



Johnson Electric Holdings Gross Profit Calculation

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

Johnson Electric Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=3814.213 - 2963.493
=851

Johnson Electric Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1877.157 - 1456.016
=421

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $851 Mil.

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

Johnson Electric Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=421 / 1877.157
=22.44 %

* 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.


Johnson Electric Holdings  (OTCPK:JELCF) 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

Johnson Electric Holdings had a gross margin of 22.44% for the quarter that ended in Mar. 2024 => Competition eroding margins


Johnson Electric Holdings Gross Profit Related Terms

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Johnson Electric Holdings Business Description

Traded in Other Exchanges
Address
12 Science Park East Avenue, 6th Floor, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. Geographically, the company generates revenue from North America, the People's Republic of China, South America, Asia-Pacific, Europe, the Middle East and Africa.

Johnson Electric Holdings Headlines

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