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Huadian Power International (SHSE:600027) Gross Profit : ¥8,774 Mil (TTM As of Mar. 2024)


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What is Huadian Power International Gross Profit?

Huadian Power International's gross profit for the three months ended in Mar. 2024 was ¥2,600 Mil. Huadian Power International's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8,774 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Huadian Power International's gross profit for the three months ended in Mar. 2024 was ¥2,600 Mil. Huadian Power International's Revenue for the three months ended in Mar. 2024 was ¥30,952 Mil. Therefore, Huadian Power International's Gross Margin % for the quarter that ended in Mar. 2024 was 8.40%.

Huadian Power International had a gross margin of 8.40% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Huadian Power International was 33.52%. The lowest was -6.19%. And the median was 13.21%.


Huadian Power International Gross Profit Historical Data

The historical data trend for Huadian Power International'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.

Huadian Power International Gross Profit Chart

Huadian Power International 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 13,171.95 15,515.95 -6,476.58 459.56 7,530.47

Huadian Power International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1,356.94 1,860.69 3,060.34 1,252.49 2,600.25

Competitive Comparison of Huadian Power International's Gross Profit

For the Utilities - Regulated Electric subindustry, Huadian Power International'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.


Huadian Power International's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Huadian Power International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Huadian Power International's Gross Profit falls into.



Huadian Power International Gross Profit Calculation

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

Huadian Power International'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
=117176.125 - 109645.654
=7,530

Huadian Power International's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=30951.954 - 28351.707
=2,600

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥8,774 Mil.

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

Huadian Power International'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
=2,600 / 30951.954
=8.40 %

* 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.


Huadian Power International  (SHSE:600027) 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

Huadian Power International had a gross margin of 8.40% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Huadian Power International Gross Profit Related Terms

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Huadian Power International (SHSE:600027) Business Description

Traded in Other Exchanges
Address
No. 2 Xuanwumennei Street, Xicheng District, Beijing, CHN, 100031
Huadian Power International Corp Ltd is engaged in the generation of electricity and heat, sales of coal and other relevant businesses in the PRC.

Huadian Power International (SHSE:600027) Headlines

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