GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Zomax Transmission Co Ltd (SHSE:603767) » Definitions » Gross Profit

Zhejiang Zomax Transmission Co (SHSE:603767) Gross Profit : ¥194.5 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zhejiang Zomax Transmission Co Gross Profit?

Zhejiang Zomax Transmission Co's gross profit for the three months ended in Sep. 2024 was ¥32.7 Mil. Zhejiang Zomax Transmission Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥194.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Zomax Transmission Co's gross profit for the three months ended in Sep. 2024 was ¥32.7 Mil. Zhejiang Zomax Transmission Co's Revenue for the three months ended in Sep. 2024 was ¥208.0 Mil. Therefore, Zhejiang Zomax Transmission Co's Gross Margin % for the quarter that ended in Sep. 2024 was 15.74%.

Zhejiang Zomax Transmission Co had a gross margin of 15.74% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Zhejiang Zomax Transmission Co was 29.85%. The lowest was 15.18%. And the median was 19.57%.

Warning Sign:

Zhejiang Zomax Transmission Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Zhejiang Zomax Transmission Co Gross Profit Historical Data

The historical data trend for Zhejiang Zomax Transmission 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.

Zhejiang Zomax Transmission Co Gross Profit Chart

Zhejiang Zomax Transmission 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 187.13 174.41 175.95 151.14 213.83

Zhejiang Zomax Transmission 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 61.54 61.72 46.65 53.43 32.74

Competitive Comparison of Zhejiang Zomax Transmission Co's Gross Profit

For the Auto Parts subindustry, Zhejiang Zomax Transmission 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.


Zhejiang Zomax Transmission Co's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Zomax Transmission Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zhejiang Zomax Transmission Co's Gross Profit falls into.



Zhejiang Zomax Transmission Co Gross Profit Calculation

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

Zhejiang Zomax Transmission 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
=1104.538 - 890.71
=213.8

Zhejiang Zomax Transmission 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
=208.039 - 175.304
=32.7

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 ¥194.5 Mil.

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

Zhejiang Zomax Transmission 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
=32.7 / 208.039
=15.74 %

* 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.


Zhejiang Zomax Transmission Co  (SHSE:603767) 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

Zhejiang Zomax Transmission Co had a gross margin of 15.74% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Zhejiang Zomax Transmission Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Zhejiang Zomax Transmission Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Zomax Transmission Co Business Description

Traded in Other Exchanges
N/A
Address
No.1, Jingyi Road, Shangma Industrial Zone, Shitang Town, Zhejiang Province, Wenling City, CHN, 317513
Zhejiang Zomax Transmission Co Ltd is a Chinese manufacturer of gears, transmission parts, automobile transmission products, and motorcycle parts. Its automotive transmission products are mainly used in light trucks such as pickup trucks, SUVs, MPVs and light buses. The company's gear products are mainly medium and high-end automotive gears, motorcycle gears and agricultural machinery gears.
Executives
Qi Zi Kun senior management
Liu Qing Lin senior management
Huang Jun Hui senior management
Liang Xiao Rui Director
Gao Qi Director

Zhejiang Zomax Transmission Co Headlines

No Headlines