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JPPYY (Jupai Holdings) Gross Profit : $4.70 Mil (TTM As of Dec. 2023)


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What is Jupai Holdings Gross Profit?

Jupai Holdings's gross profit for the six months ended in Dec. 2023 was $4.70 Mil. Jupai Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4.70 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jupai Holdings's gross profit for the six months ended in Dec. 2023 was $4.70 Mil. Jupai Holdings's Revenue for the six months ended in Dec. 2023 was $4.70 Mil. Therefore, Jupai Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 99.98%.

Jupai Holdings had a gross margin of 99.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Jupai Holdings was 99.98%. The lowest was 38.70%. And the median was 56.65%.


Jupai Holdings Gross Profit Historical Data

The historical data trend for Jupai 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.

Jupai Holdings Gross Profit Chart

Jupai Holdings 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 43.37 27.91 31.86 8.30 4.70

Jupai Holdings Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.37 27.91 31.86 8.30 4.70

Competitive Comparison of Jupai Holdings's Gross Profit

For the Asset Management subindustry, Jupai 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.


Jupai Holdings's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jupai Holdings's Gross Profit distribution charts can be found below:

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



Jupai Holdings Gross Profit Calculation

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

Jupai Holdings'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
=4.701 - 0.00099999999999945
=4.70

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4.701 - 0.00099999999999945
=4.70

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4.70 Mil.

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

Jupai Holdings'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
=4.70 / 4.701
=99.98 %

* 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.


Jupai Holdings  (OTCPK:JPPYY) 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

Jupai Holdings had a gross margin of 99.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Jupai Holdings Gross Profit Related Terms

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Jupai Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1588 Xinyang Road, Building 4, Lingang New Area, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201413
Jupai Holdings Ltd is a third-party wealth management service provider focusing on distributing wealth management products and providing product advisory services to high-net-worth individuals. It derives net revenues mainly from the provision of wealth management product-related services and asset management services. All of the group's revenues are derived from China.

Jupai Holdings Headlines

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