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Seazen Holdings Co (SHSE:601155) Gross Profit : ¥20,110 Mil (TTM As of Sep. 2024)


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What is Seazen Holdings Co Gross Profit?

Seazen Holdings Co's gross profit for the three months ended in Sep. 2024 was ¥3,085 Mil. Seazen Holdings Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥20,110 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Seazen Holdings Co's gross profit for the three months ended in Sep. 2024 was ¥3,085 Mil. Seazen Holdings Co's Revenue for the three months ended in Sep. 2024 was ¥17,659 Mil. Therefore, Seazen Holdings Co's Gross Margin % for the quarter that ended in Sep. 2024 was 17.47%.

Seazen Holdings Co had a gross margin of 17.47% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Seazen Holdings Co was 36.69%. The lowest was 19.05%. And the median was 26.47%.

Warning Sign:

Seazen Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -13%.


Seazen Holdings Co Gross Profit Historical Data

The historical data trend for Seazen Holdings 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.

Seazen Holdings Co Gross Profit Chart

Seazen Holdings 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 28,024.67 34,183.64 34,395.39 23,130.66 22,706.71

Seazen Holdings 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 5,054.59 9,700.56 3,547.21 3,777.59 3,084.73

Competitive Comparison of Seazen Holdings Co's Gross Profit

For the Real Estate - Development subindustry, Seazen Holdings 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.


Seazen Holdings Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seazen Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Seazen Holdings Co's Gross Profit falls into.



Seazen Holdings Co Gross Profit Calculation

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

Seazen Holdings 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
=119174.278 - 96467.564
=22,707

Seazen Holdings 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
=17658.595 - 14573.865
=3,085

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 ¥20,110 Mil.

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

Seazen Holdings 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
=3,085 / 17658.595
=17.47 %

* 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.


Seazen Holdings Co  (SHSE:601155) 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

Seazen Holdings Co had a gross margin of 17.47% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Seazen Holdings Co Gross Profit Related Terms

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Seazen Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Zongjiang road, Future Land Development Hldgs Ltd building No. 6, Putuo District, Shanghai, CHN, 200062
Seazen Holdings Co Ltd is a China-based company engaged in development and operation of real estates. It develops residential properties and commercial properties. The company's products of residential properties developments are commercial residential, which includes high-rise residential, low-density multi-story residential and villas. It operates residential property business in Shanghai, Nanjing, Suzhou, Hangzhou, Changzhou and other cities in the Yangtze River Delta region. The company's products of commercial properties are mainly commercial complex projects.
Executives
Qu De Jun Directors, senior managers
Liang Zhi Cheng Directors, senior managers
Chen Peng senior management
Guan You Dong senior management
Guo Nan Nan senior management
Tang Yun Long senior management
Chen De Li Director
Zhou Ke Jie senior management
Ni Lian Zhong senior management
Yan Zheng senior management
Ou Yang Jie senior management

Seazen Holdings Co Headlines

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