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Zhejiang Hisun Pharmaceutical Co (SHSE:600267) Gross Profit : ¥3,833 Mil (TTM As of Sep. 2024)


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What is Zhejiang Hisun Pharmaceutical Co Gross Profit?

Zhejiang Hisun Pharmaceutical Co's gross profit for the three months ended in Sep. 2024 was ¥1,178 Mil. Zhejiang Hisun Pharmaceutical Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥3,833 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Hisun Pharmaceutical Co's gross profit for the three months ended in Sep. 2024 was ¥1,178 Mil. Zhejiang Hisun Pharmaceutical Co's Revenue for the three months ended in Sep. 2024 was ¥2,631 Mil. Therefore, Zhejiang Hisun Pharmaceutical Co's Gross Margin % for the quarter that ended in Sep. 2024 was 44.77%.

Zhejiang Hisun Pharmaceutical Co had a gross margin of 44.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Zhejiang Hisun Pharmaceutical Co was 43.27%. The lowest was 27.67%. And the median was 40.57%.


Zhejiang Hisun Pharmaceutical Co Gross Profit Historical Data

The historical data trend for Zhejiang Hisun Pharmaceutical 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.

Zhejiang Hisun Pharmaceutical Co Gross Profit Chart

Zhejiang Hisun Pharmaceutical 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 4,757.28 4,913.37 4,950.00 5,038.02 4,184.25

Zhejiang Hisun Pharmaceutical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,074.75 590.91 985.79 1,078.65 1,177.91

Competitive Comparison of Zhejiang Hisun Pharmaceutical Co's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Hisun Pharmaceutical 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.


Zhejiang Hisun Pharmaceutical Co's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Hisun Pharmaceutical Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zhejiang Hisun Pharmaceutical Co's Gross Profit falls into.



Zhejiang Hisun Pharmaceutical Co Gross Profit Calculation

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

Zhejiang Hisun Pharmaceutical 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
=10373.072 - 6188.821
=4,184

Zhejiang Hisun Pharmaceutical Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2631.073 - 1453.168
=1,178

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 ¥3,833 Mil.

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

Zhejiang Hisun Pharmaceutical Co'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
=1,178 / 2631.073
=44.77 %

* 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.


Zhejiang Hisun Pharmaceutical Co  (SHSE:600267) 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

Zhejiang Hisun Pharmaceutical Co had a gross margin of 44.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Zhejiang Hisun Pharmaceutical Co Gross Profit Related Terms

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Zhejiang Hisun Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 46 Waisha Road, Jiaojiang District, Zhejiang Province, Taizhou, CHN, 318000
Zhejiang Hisun Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is focused on the research, development, and distribution of pharmaceuticals. It produces and supplies antibiotics and anticancer drugs. The company's research channels cover indications like anticancer, cardiovascular, anti-infective, anti-parasitic, immunosuppressant and others. Its product portfolio includes active pharmaceutical ingredients like Anastrozole, Docetaxel, Methotrexate, and others and finished dosages such as letrozole tablets, anastrozole tablets, injection mitomycin, and others.
Executives
Yu Shun Bing Supervisors
Jin Hong Shun senior management
Lu Xing Hai senior management
Zhang Zhen Ying senior management
Jiang Guo Ping Director
Yang Zhi Qing senior management
Du Jia Qiu senior management
Chen Xiao Hua Directors, senior managers
Li Yan Directors, senior managers
Zhao Lei senior management
Shen Xi Fei Director
Zhang Wei senior management
Bai Hua Director
Chen Li Fei Supervisors
Hu Liang Bin senior management

Zhejiang Hisun Pharmaceutical Co Headlines

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