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Xizang Zhufeng Resources Co (SHSE:600338) Gross Profit : ¥300 Mil (TTM As of Mar. 2024)


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What is Xizang Zhufeng Resources Co Gross Profit?

Xizang Zhufeng Resources Co's gross profit for the three months ended in Mar. 2024 was ¥74 Mil. Xizang Zhufeng Resources Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥300 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xizang Zhufeng Resources Co's gross profit for the three months ended in Mar. 2024 was ¥74 Mil. Xizang Zhufeng Resources Co's Revenue for the three months ended in Mar. 2024 was ¥307 Mil. Therefore, Xizang Zhufeng Resources Co's Gross Margin % for the quarter that ended in Mar. 2024 was 24.15%.

Xizang Zhufeng Resources Co had a gross margin of 24.15% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Xizang Zhufeng Resources Co was 72.55%. The lowest was 21.76%. And the median was 56.34%.

Warning Sign:

Xizang Zhufeng Resources Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.8%.


Xizang Zhufeng Resources Co Gross Profit Historical Data

The historical data trend for Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources Co Gross Profit Chart

Xizang Zhufeng Resources 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 1,184.74 675.51 1,411.51 942.79 505.23

Xizang Zhufeng Resources 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 279.19 179.72 110.74 -64.42 74.14

Competitive Comparison of Xizang Zhufeng Resources Co's Gross Profit

For the Other Industrial Metals & Mining subindustry, Xizang Zhufeng Resources 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.


Xizang Zhufeng Resources Co's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xizang Zhufeng Resources Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Xizang Zhufeng Resources Co's Gross Profit falls into.



Xizang Zhufeng Resources Co Gross Profit Calculation

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

Xizang Zhufeng Resources 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
=1468.5 - 963.274
=505

Xizang Zhufeng Resources 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
=307.035 - 232.892
=74

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 ¥300 Mil.

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

Xizang Zhufeng Resources 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
=74 / 307.035
=24.15 %

* 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.


Xizang Zhufeng Resources Co  (SHSE:600338) 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

Xizang Zhufeng Resources Co had a gross margin of 24.15% for the quarter that ended in Mar. 2024 => Competition eroding margins


Xizang Zhufeng Resources Co Gross Profit Related Terms

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Xizang Zhufeng Resources Co (SHSE:600338) Business Description

Traded in Other Exchanges
N/A
Address
No. 65, Beijing Middle Road, Tibet Autonomous Region, Lhasa, CHN, 200072
Tibet Summit Resources Co Ltd is a China-based company engaged in the mineral resources exploration, mining, ore processing, metal smelting, mineral products trading, and mineral resources. It is also involved in the resources and related industries investment operations and other services. The company is engaged in the activities of smelting, production, and sale of zinc, indium and other nonferrous metals. It also recycles and sells non-ferrous metal products.
Executives
Meng Xian Dang senior management
Huang Ya Ting senior management
Liang Ming Director
Cao Yu Gang senior management
Chen Xun Qiao Director

Xizang Zhufeng Resources Co (SHSE:600338) Headlines

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