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Hangxiao Steel Structure Co (SHSE:600477) Gross Profit : ¥1,203 Mil (TTM As of Mar. 2025)


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What is Hangxiao Steel Structure Co Gross Profit?

Hangxiao Steel Structure Co's gross profit for the three months ended in Mar. 2025 was ¥250 Mil. Hangxiao Steel Structure Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥1,203 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hangxiao Steel Structure Co's gross profit for the three months ended in Mar. 2025 was ¥250 Mil. Hangxiao Steel Structure Co's Revenue for the three months ended in Mar. 2025 was ¥1,634 Mil. Therefore, Hangxiao Steel Structure Co's Gross Margin % for the quarter that ended in Mar. 2025 was 15.29%.

Hangxiao Steel Structure Co had a gross margin of 15.29% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Hangxiao Steel Structure Co was 33.22%. The lowest was 13.90%. And the median was 17.78%.

Warning Sign:

Hangxiao Steel Structure Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Hangxiao Steel Structure Co Gross Profit Historical Data

The historical data trend for Hangxiao Steel Structure 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.

Hangxiao Steel Structure Co Gross Profit Chart

Hangxiao Steel Structure Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,446.73 1,331.22 1,514.86 1,735.37 1,257.45

Hangxiao Steel Structure Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 304.42 403.31 304.76 244.97 249.89

Competitive Comparison of Hangxiao Steel Structure Co's Gross Profit

For the Steel subindustry, Hangxiao Steel Structure 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.


Hangxiao Steel Structure Co's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hangxiao Steel Structure Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hangxiao Steel Structure Co's Gross Profit falls into.


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Hangxiao Steel Structure Co Gross Profit Calculation

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

Hangxiao Steel Structure Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=7946.943 - 6689.491
=1,257

Hangxiao Steel Structure Co's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=1633.979 - 1384.09
=250

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,203 Mil.

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

Hangxiao Steel Structure Co's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as

Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=250 / 1633.979
=15.29 %

* 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.


Hangxiao Steel Structure Co  (SHSE:600477) 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

Hangxiao Steel Structure Co had a gross margin of 15.29% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Hangxiao Steel Structure Co Gross Profit Related Terms

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Hangxiao Steel Structure Co Business Description

Traded in Other Exchanges
N/A
Address
Middle Zhonghe Road, Floor 3,5,7, Ruifeng Building, No. 258, Hangzhou, Zhejiang, CHN, 310003
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
Executives
Dan Ji Hua senior management
Wang Ai Min senior management
Dan Yin Mu Director
Xu Qiong senior management
Zhang Zhen Yong Director
Guo Li Xiang senior management
Zhou Bin senior management
Lu Yong Jun Directors, senior managers
Ying Ying Supervisors
Cai Lu Lu senior management
Chen Rui senior management
Zhao Chong Fu Supervisors
Zhou Zi Fan senior management

Hangxiao Steel Structure Co Headlines

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