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Shuangliang Eco-Energy Systems Co (SHSE:600481) Gross Profit : ¥342 Mil (TTM As of Sep. 2024)


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What is Shuangliang Eco-Energy Systems Co Gross Profit?

Shuangliang Eco-Energy Systems Co's gross profit for the three months ended in Sep. 2024 was ¥381 Mil. Shuangliang Eco-Energy Systems Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥342 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shuangliang Eco-Energy Systems Co's gross profit for the three months ended in Sep. 2024 was ¥381 Mil. Shuangliang Eco-Energy Systems Co's Revenue for the three months ended in Sep. 2024 was ¥3,367 Mil. Therefore, Shuangliang Eco-Energy Systems Co's Gross Margin % for the quarter that ended in Sep. 2024 was 11.30%.

Shuangliang Eco-Energy Systems Co had a gross margin of 11.30% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Shuangliang Eco-Energy Systems Co was 38.16%. The lowest was 7.38%. And the median was 28.35%.

Warning Sign:

Shuangliang Eco-Energy Systems Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.7%.


Shuangliang Eco-Energy Systems Co Gross Profit Historical Data

The historical data trend for Shuangliang Eco-Energy Systems 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.

Shuangliang Eco-Energy Systems Co Gross Profit Chart

Shuangliang Eco-Energy Systems 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 729.07 610.85 1,066.04 2,389.60 3,412.03

Shuangliang Eco-Energy Systems 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 1,366.24 382.33 52.32 -472.85 380.53

Competitive Comparison of Shuangliang Eco-Energy Systems Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Shuangliang Eco-Energy Systems 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.


Shuangliang Eco-Energy Systems Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shuangliang Eco-Energy Systems Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shuangliang Eco-Energy Systems Co's Gross Profit falls into.



Shuangliang Eco-Energy Systems Co Gross Profit Calculation

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

Shuangliang Eco-Energy Systems 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
=23149.269 - 19737.238
=3,412

Shuangliang Eco-Energy Systems 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
=3367.169 - 2986.637
=381

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 ¥342 Mil.

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

Shuangliang Eco-Energy Systems 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
=381 / 3367.169
=11.30 %

* 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.


Shuangliang Eco-Energy Systems Co  (SHSE:600481) 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

Shuangliang Eco-Energy Systems Co had a gross margin of 11.30% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Shuangliang Eco-Energy Systems Co Gross Profit Related Terms

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Shuangliang Eco-Energy Systems Co Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Xili Road, Ligang Town, Jiangyin, Jiangsu, CHN, 214444
Shuangliang Eco-Energy Systems Co Ltd is a China-based company engaged in the development and manufacturing of energy and water conservation and environmental protection systems.
Executives
Ma Xue Jun senior management
Wang Lei senior management
Wu Gang senior management
Liu Zheng Yu Directors, senior managers
Fan Gao Ding Director

Shuangliang Eco-Energy Systems Co Headlines

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