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Shanghai Shine-Link International Logistics Co (SHSE:603648) Gross Profit : ¥311 Mil (TTM As of Mar. 2024)


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What is Shanghai Shine-Link International Logistics Co Gross Profit?

Shanghai Shine-Link International Logistics Co's gross profit for the three months ended in Mar. 2024 was ¥85 Mil. Shanghai Shine-Link International Logistics Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥311 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Shine-Link International Logistics Co's gross profit for the three months ended in Mar. 2024 was ¥85 Mil. Shanghai Shine-Link International Logistics Co's Revenue for the three months ended in Mar. 2024 was ¥423 Mil. Therefore, Shanghai Shine-Link International Logistics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 20.09%.

Shanghai Shine-Link International Logistics Co had a gross margin of 20.09% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Shanghai Shine-Link International Logistics Co was 26.22%. The lowest was 16.93%. And the median was 20.50%.

Warning Sign:

Shanghai Shine-Link International Logistics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


Shanghai Shine-Link International Logistics Co Gross Profit Historical Data

The historical data trend for Shanghai Shine-Link International Logistics 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.

Shanghai Shine-Link International Logistics Co Gross Profit Chart

Shanghai Shine-Link International Logistics 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 257.41 256.76 312.14 312.76 316.92

Shanghai Shine-Link International Logistics 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 90.70 75.12 87.43 63.67 84.98

Competitive Comparison of Shanghai Shine-Link International Logistics Co's Gross Profit

For the Integrated Freight & Logistics subindustry, Shanghai Shine-Link International Logistics 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.


Shanghai Shine-Link International Logistics Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Shine-Link International Logistics Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shanghai Shine-Link International Logistics Co's Gross Profit falls into.



Shanghai Shine-Link International Logistics Co Gross Profit Calculation

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

Shanghai Shine-Link International Logistics 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
=1632.029 - 1315.112
=317

Shanghai Shine-Link International Logistics 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
=422.977 - 337.996
=85

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 ¥311 Mil.

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

Shanghai Shine-Link International Logistics 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
=85 / 422.977
=20.09 %

* 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.


Shanghai Shine-Link International Logistics Co  (SHSE:603648) 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

Shanghai Shine-Link International Logistics Co had a gross margin of 20.09% for the quarter that ended in Mar. 2024 => Competition eroding margins


Shanghai Shine-Link International Logistics Co Gross Profit Related Terms

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Shanghai Shine-Link International Logistics Co (SHSE:603648) Business Description

Traded in Other Exchanges
N/A
Address
No.68 ,Ri Jing Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131
Shanghai Shine-Link International Logistics Co Ltd is the third-party logistics company. It focuses on providing lean supply chain management services to international multinational companies. Its service portfolio consists of customs clearance, customs inspection, transportation, warehousing management, lean inventory management service, regional and global distribution centre service, deferred declaration of handbook service, and overland transport service. In addition, the company also provides integrated lean supply chain model for medical equipment industry.

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