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Epoxy Base Electronic Material Co (SHSE:603002) Gross Profit : ¥172 Mil (TTM As of Mar. 2024)


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What is Epoxy Base Electronic Material Co Gross Profit?

Epoxy Base Electronic Material Co's gross profit for the three months ended in Mar. 2024 was ¥33 Mil. Epoxy Base Electronic Material Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥172 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Epoxy Base Electronic Material Co's gross profit for the three months ended in Mar. 2024 was ¥33 Mil. Epoxy Base Electronic Material Co's Revenue for the three months ended in Mar. 2024 was ¥486 Mil. Therefore, Epoxy Base Electronic Material Co's Gross Margin % for the quarter that ended in Mar. 2024 was 6.82%.

Epoxy Base Electronic Material Co had a gross margin of 6.82% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Epoxy Base Electronic Material Co was 16.03%. The lowest was 7.87%. And the median was 11.92%.

Warning Sign:

Epoxy Base Electronic Material Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.8%.


Epoxy Base Electronic Material Co Gross Profit Historical Data

The historical data trend for Epoxy Base Electronic Material 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.

Epoxy Base Electronic Material Co Gross Profit Chart

Epoxy Base Electronic Material 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 368.29 401.37 649.43 276.19 184.66

Epoxy Base Electronic Material 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 46.14 46.75 52.54 39.23 33.12

Competitive Comparison of Epoxy Base Electronic Material Co's Gross Profit

For the Chemicals subindustry, Epoxy Base Electronic Material 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.


Epoxy Base Electronic Material Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Epoxy Base Electronic Material Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Epoxy Base Electronic Material Co's Gross Profit falls into.



Epoxy Base Electronic Material Co Gross Profit Calculation

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

Epoxy Base Electronic Material 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
=2240.424 - 2055.761
=185

Epoxy Base Electronic Material 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
=485.688 - 452.571
=33

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 ¥172 Mil.

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

Epoxy Base Electronic Material 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
=33 / 485.688
=6.82 %

* 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.


Epoxy Base Electronic Material Co  (SHSE:603002) 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

Epoxy Base Electronic Material Co had a gross margin of 6.82% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Epoxy Base Electronic Material Co Gross Profit Related Terms

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Epoxy Base Electronic Material Co (SHSE:603002) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Yunpu 1st Road, Luogang District, Guangdong, Guangzhou, CHN, 510530
Epoxy Base Electronic Material Co Ltd is engaged in the production of electronic grade epoxy resins. The solutions offered by the company include general series, diluted type series, casting and APG series, and solution series.
Executives
Lin Rui Rong Director
Fang Ye Wei Director
Jiang Sheng Zong Director
Lin Ren Zong Director
Huang Xing An senior management
Liu Huan Zhang Director
Xiao Zhi Ren senior management
Zhang Zhen Ming Director

Epoxy Base Electronic Material Co (SHSE:603002) Headlines

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