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China Everbright Water (SGX:U9E) Gross Profit : S$483 Mil (TTM As of Dec. 2023)


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What is China Everbright Water Gross Profit?

China Everbright Water's gross profit for the six months ended in Dec. 2023 was S$241 Mil. China Everbright Water's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was S$483 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Everbright Water's gross profit for the six months ended in Dec. 2023 was S$241 Mil. China Everbright Water's Revenue for the six months ended in Dec. 2023 was S$618 Mil. Therefore, China Everbright Water's Gross Margin % for the quarter that ended in Dec. 2023 was 38.99%.

China Everbright Water had a gross margin of 38.99% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of China Everbright Water was 45.41%. The lowest was 34.05%. And the median was 38.49%.


China Everbright Water Gross Profit Historical Data

The historical data trend for China Everbright Water'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.

China Everbright Water Gross Profit Chart

China Everbright Water Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 328.93 378.23 489.77 445.19 481.41

China Everbright Water Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 273.07 215.17 233.37 242.28 240.95

Competitive Comparison of China Everbright Water's Gross Profit

For the Utilities - Regulated Water subindustry, China Everbright Water'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.


China Everbright Water's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Everbright Water's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Everbright Water's Gross Profit falls into.



China Everbright Water Gross Profit Calculation

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

China Everbright Water'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
=1143.603 - 662.195
=481

China Everbright Water's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=617.913 - 376.962
=241

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 S$483 Mil.

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

China Everbright Water'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
=241 / 617.913
=38.99 %

* 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.


China Everbright Water  (SGX:U9E) 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

China Everbright Water had a gross margin of 38.99% for the quarter that ended in Dec. 2023 => Competition eroding margins


China Everbright Water Gross Profit Related Terms

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China Everbright Water (SGX:U9E) Business Description

Traded in Other Exchanges
Address
Number 1003 Shennan Avenue, 26th Floor, Block A, Oriental Xintiandi Plaza, Futian District, Shenzhen, CHN, 518000
China Everbright Water Ltd provides water supply, waste water treatment, sludge treatment, and other environmental services. It designs, constructs, and operates water treatment plants, and extracts energy from water discharged by the plants to power air-conditioning for various buildings. Concession arrangements from various Chinese government authorities span multiple years, and allow the company to operate plants and charge users a fee for consumption. Under the arrangements, China Everbright is obligated to maintain the plants, and receives annual payments from the grantors. Raw materials and consumables are utilized by experienced technicians to repair and maintain facilities. Majority of sales and assets are generated and located in China.

China Everbright Water (SGX:U9E) Headlines

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