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Lucky Film Co (SHSE:600135) Gross Profit : ¥278 Mil (TTM As of Mar. 2024)


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What is Lucky Film Co Gross Profit?

Lucky Film Co's gross profit for the three months ended in Mar. 2024 was ¥45 Mil. Lucky Film Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥278 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lucky Film Co's gross profit for the three months ended in Mar. 2024 was ¥45 Mil. Lucky Film Co's Revenue for the three months ended in Mar. 2024 was ¥354 Mil. Therefore, Lucky Film Co's Gross Margin % for the quarter that ended in Mar. 2024 was 12.72%.

Lucky Film Co had a gross margin of 12.72% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Lucky Film Co was 20.69%. The lowest was 14.33%. And the median was 17.15%.

Warning Sign:

Lucky Film Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


Lucky Film Co Gross Profit Historical Data

The historical data trend for Lucky Film Co'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.

Lucky Film Co Gross Profit Chart

Lucky Film Co 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 441.99 294.30 347.17 339.01 316.00

Lucky Film Co 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 82.60 62.25 64.96 106.19 45.02

Competitive Comparison of Lucky Film Co's Gross Profit

For the Chemicals subindustry, Lucky Film Co'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.


Lucky Film Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lucky Film Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lucky Film Co's Gross Profit falls into.



Lucky Film Co Gross Profit Calculation

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

Lucky Film Co'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
=2117.635 - 1801.638
=316

Lucky Film Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=353.923 - 308.901
=45

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 ¥278 Mil.

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

Lucky Film Co'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
=45 / 353.923
=12.72 %

* 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.


Lucky Film Co  (SHSE:600135) 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

Lucky Film Co had a gross margin of 12.72% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Lucky Film Co Gross Profit Related Terms

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Lucky Film Co (SHSE:600135) Business Description

Traded in Other Exchanges
N/A
Address
No.6 Lekai South Street 6, Baoding, Hebei, CHN, 071054
Lucky Film Co Ltd manufactures and sells digital photo papers in China. Some of the products offered by the company include Double-faced Color Paper, Digital Color Paper, PET Film, Photo Chemicals, Magnetic Products and TAC Film.
Executives
Ma Li Qian Director
Zhang Jian Heng Director
Xu Jing Yan Director
Li Jian Xin Director

Lucky Film Co (SHSE:600135) Headlines

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