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QSG (QuantaSing Group) Gross Profit : $442.0 Mil (TTM As of Sep. 2024)


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What is QuantaSing Group Gross Profit?

QuantaSing Group's gross profit for the three months ended in Sep. 2024 was $95.5 Mil. QuantaSing Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $442.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. QuantaSing Group's gross profit for the three months ended in Sep. 2024 was $95.5 Mil. QuantaSing Group's Revenue for the three months ended in Sep. 2024 was $114.5 Mil. Therefore, QuantaSing Group's Gross Margin % for the quarter that ended in Sep. 2024 was 83.41%.

QuantaSing Group had a gross margin of 83.41% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of QuantaSing Group was 89.83%. The lowest was 84.84%. And the median was 86.52%.


QuantaSing Group Gross Profit Historical Data

The historical data trend for QuantaSing Group'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.

QuantaSing Group Gross Profit Chart

QuantaSing Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Gross Profit
246.07 367.31 375.61 447.30

QuantaSing Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 102.90 117.02 111.05 118.38 95.53

Competitive Comparison of QuantaSing Group's Gross Profit

For the Education & Training Services subindustry, QuantaSing Group'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.


QuantaSing Group's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, QuantaSing Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where QuantaSing Group's Gross Profit falls into.



QuantaSing Group Gross Profit Calculation

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

QuantaSing Group's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=523.155 - 75.856
=447.3

QuantaSing Group's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=114.529 - 19.001
=95.5

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $442.0 Mil.

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

QuantaSing Group's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=95.5 / 114.529
=83.41 %

* 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.


QuantaSing Group  (NAS:QSG) 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

QuantaSing Group had a gross margin of 83.41% for the quarter that ended in Sep. 2024 => Durable competitive advantage


QuantaSing Group Gross Profit Related Terms

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QuantaSing Group Business Description

Traded in Other Exchanges
Address
Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102
QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.