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Jowell Global (Jowell Global) Gross Profit : $3.3 Mil (TTM As of Dec. 2023)


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What is Jowell Global Gross Profit?

Jowell Global's gross profit for the six months ended in Dec. 2023 was $2.6 Mil. Jowell Global's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jowell Global's gross profit for the six months ended in Dec. 2023 was $2.6 Mil. Jowell Global's Revenue for the six months ended in Dec. 2023 was $75.6 Mil. Therefore, Jowell Global's Gross Margin % for the quarter that ended in Dec. 2023 was 3.48%.

Jowell Global had a gross margin of 3.48% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Jowell Global was 16.55%. The lowest was 2.04%. And the median was 8.02%.

Warning Sign:

Jowell Global Ltd gross margin has been in long-term decline. The average rate of decline per year is -33.6%.


Jowell Global Gross Profit Historical Data

The historical data trend for Jowell 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.

Jowell Global Gross Profit Chart

Jowell Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 5.70 10.47 11.65 6.24 3.27

Jowell Global Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.79 3.91 2.34 0.64 2.63

Competitive Comparison of Jowell Global's Gross Profit

For the Internet Retail subindustry, Jowell 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.


Jowell Global's Gross Profit Distribution in the Retail - Cyclical Industry

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

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



Jowell Global Gross Profit Calculation

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

Jowell Global'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
=160.009 - 156.738
=3.3

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=75.603 - 72.975
=2.6

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.3 Mil.

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

Jowell Global'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
=2.6 / 75.603
=3.48 %

* 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.


Jowell Global  (NAS:JWEL) 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

Jowell Global had a gross margin of 3.48% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Jowell Global Gross Profit Related Terms

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Jowell Global (Jowell Global) Business Description

Traded in Other Exchanges
N/A
Address
No. 285 Jiangpu Road, 2nd Floor, Yangpu District, Shanghai, CHN, 200082
Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company's major merchandise categories are Cosmetic products, Health and nutritional supplements, and Household Products.