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Jiangxi Lianchuang Optoelectronic Science And Technology Co (SHSE:600363) Gross Profit : ¥577 Mil (TTM As of Jun. 2024)


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What is Jiangxi Lianchuang Optoelectronic Science And Technology Co Gross Profit?

Jiangxi Lianchuang Optoelectronic Science And Technology Co's gross profit for the three months ended in Jun. 2024 was ¥142 Mil. Jiangxi Lianchuang Optoelectronic Science And Technology Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ¥577 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jiangxi Lianchuang Optoelectronic Science And Technology Co's gross profit for the three months ended in Jun. 2024 was ¥142 Mil. Jiangxi Lianchuang Optoelectronic Science And Technology Co's Revenue for the three months ended in Jun. 2024 was ¥829 Mil. Therefore, Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Margin % for the quarter that ended in Jun. 2024 was 17.12%.

Jiangxi Lianchuang Optoelectronic Science And Technology Co had a gross margin of 17.12% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Jiangxi Lianchuang Optoelectronic Science And Technology Co was 18.46%. The lowest was 11.99%. And the median was 14.13%.


Jiangxi Lianchuang Optoelectronic Science And Technology Co Gross Profit Historical Data

The historical data trend for Jiangxi Lianchuang Optoelectronic Science And Technology 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.

Jiangxi Lianchuang Optoelectronic Science And Technology Co Gross Profit Chart

Jiangxi Lianchuang Optoelectronic Science And Technology 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 522.18 514.06 501.31 487.99 588.12

Jiangxi Lianchuang Optoelectronic Science And Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 166.17 162.77 125.42 147.34 141.89

Competitive Comparison of Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Profit

For the Electronic Components subindustry, Jiangxi Lianchuang Optoelectronic Science And Technology 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.


Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Profit falls into.



Jiangxi Lianchuang Optoelectronic Science And Technology Co Gross Profit Calculation

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

Jiangxi Lianchuang Optoelectronic Science And Technology 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
=3239.647 - 2651.527
=588

Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=828.691 - 686.797
=142

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥577 Mil.

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

Jiangxi Lianchuang Optoelectronic Science And Technology Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=142 / 828.691
=17.12 %

* 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.


Jiangxi Lianchuang Optoelectronic Science And Technology Co  (SHSE:600363) 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

Jiangxi Lianchuang Optoelectronic Science And Technology Co had a gross margin of 17.12% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Jiangxi Lianchuang Optoelectronic Science And Technology Co Gross Profit Related Terms

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Jiangxi Lianchuang Optoelectronic Science And Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Jingdong Avenue, High-tech Industrial Development Zone, Jiangxi Province, Nanchang, CHN, 330046
Jiangxi Lianchuang Optoelectronic Science And Technology Co Ltd is engaged in the production and sales of optoelectronic devices and other new electronic components, information transmission cables, communication terminals and special communication switching equipment.
Executives
Deng Hui Xia senior management

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