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Great Sun Foods Co (SHSE:603336) Gross Profit : ¥86 Mil (TTM As of Mar. 2024)


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What is Great Sun Foods Co Gross Profit?

Great Sun Foods Co's gross profit for the three months ended in Mar. 2024 was ¥22 Mil. Great Sun Foods Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥86 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Great Sun Foods Co's gross profit for the three months ended in Mar. 2024 was ¥22 Mil. Great Sun Foods Co's Revenue for the three months ended in Mar. 2024 was ¥216 Mil. Therefore, Great Sun Foods Co's Gross Margin % for the quarter that ended in Mar. 2024 was 10.02%.

Great Sun Foods Co had a gross margin of 10.02% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Great Sun Foods Co was 19.81%. The lowest was 8.01%. And the median was 15.02%.

Warning Sign:

Great Sun Foods Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.2%.


Great Sun Foods Co Gross Profit Historical Data

The historical data trend for Great Sun Foods 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.

Great Sun Foods Co Gross Profit Chart

Great Sun Foods 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 131.87 120.24 102.51 95.74 86.97

Great Sun Foods 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 22.48 19.28 28.98 16.23 21.68

Competitive Comparison of Great Sun Foods Co's Gross Profit

For the Farm Products subindustry, Great Sun Foods 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.


Great Sun Foods Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Great Sun Foods Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Great Sun Foods Co's Gross Profit falls into.



Great Sun Foods Co Gross Profit Calculation

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

Great Sun Foods 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
=1085.793 - 998.821
=87

Great Sun Foods 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
=216.473 - 194.792
=22

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 ¥86 Mil.

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

Great Sun Foods 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
=22 / 216.473
=10.02 %

* 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.


Great Sun Foods Co  (SHSE:603336) 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

Great Sun Foods Co had a gross margin of 10.02% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Great Sun Foods Co Gross Profit Related Terms

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Great Sun Foods Co (SHSE:603336) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Yujin Middle Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Great Sun Foods Co Ltd is the Chinese company operating in the agricultural and sideline food processing industry. The company is engaged in the provision of plantation management, post-harvest acquisition, pre-cooling, frozen storage, pre-selection classification, processing and packaging and cold chain distribution. It provides more than 46 categories of fruits and 43 categories of vegetables, with different varieties from all parts of China and abroad.

Great Sun Foods Co (SHSE:603336) Headlines

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