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Flower King Eco-Engineering (SHSE:603007) Gross Profit : ¥27.8 Mil (TTM As of Mar. 2024)


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What is Flower King Eco-Engineering Gross Profit?

Flower King Eco-Engineering's gross profit for the three months ended in Mar. 2024 was ¥-7.7 Mil. Flower King Eco-Engineering's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥27.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Flower King Eco-Engineering's gross profit for the three months ended in Mar. 2024 was ¥-7.7 Mil. Flower King Eco-Engineering's Revenue for the three months ended in Mar. 2024 was ¥29.9 Mil. Therefore, Flower King Eco-Engineering's Gross Margin % for the quarter that ended in Mar. 2024 was -25.67%.

Flower King Eco-Engineering had a gross margin of -25.67% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Flower King Eco-Engineering was 33.92%. The lowest was -70.34%. And the median was 29.56%.


Flower King Eco-Engineering Gross Profit Historical Data

The historical data trend for Flower King Eco-Engineering'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.

Flower King Eco-Engineering Gross Profit Chart

Flower King Eco-Engineering 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 315.68 194.02 -116.92 56.66 37.75

Flower King Eco-Engineering 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 2.31 4.44 17.41 13.60 -7.68

Competitive Comparison of Flower King Eco-Engineering's Gross Profit

For the Engineering & Construction subindustry, Flower King Eco-Engineering'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.


Flower King Eco-Engineering's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flower King Eco-Engineering's Gross Profit distribution charts can be found below:

* The bar in red indicates where Flower King Eco-Engineering's Gross Profit falls into.



Flower King Eco-Engineering Gross Profit Calculation

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

Flower King Eco-Engineering'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
=159.264 - 121.511
=37.8

Flower King Eco-Engineering's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=29.898 - 37.573
=-7.7

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 ¥27.8 Mil.

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

Flower King Eco-Engineering'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
=-7.7 / 29.898
=-25.67 %

* 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.


Flower King Eco-Engineering  (SHSE:603007) 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

Flower King Eco-Engineering had a gross margin of -25.67% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Flower King Eco-Engineering Gross Profit Related Terms

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Flower King Eco-Engineering (SHSE:603007) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 South Second Ring Roa, Jiangsu Province, Danyang, CHN, 212300
Flower King Eco-Engineering Inc, formerly Jiangsu Flowers King Horticulture Co Ltd is engaged in landscape design and construction of municipal services, tourist attractions, roads and real estate and other areas.
Executives
Cui Hong Bo senior management
He Wei Tao senior management
Xu Xu Sheng senior management
Xiao Jie Jun Director
Wei Jian Hong senior management
Lin Xiao Jun Director
Gu Jing senior management
Li Hong Bin Director
Xiao Jiao Jun Director

Flower King Eco-Engineering (SHSE:603007) Headlines

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