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Shanghai Laiyifen Co (SHSE:603777) Gross Profit : ¥1,432 Mil (TTM As of Sep. 2024)


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What is Shanghai Laiyifen Co Gross Profit?

Shanghai Laiyifen Co's gross profit for the three months ended in Sep. 2024 was ¥288 Mil. Shanghai Laiyifen Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,432 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Laiyifen Co's gross profit for the three months ended in Sep. 2024 was ¥288 Mil. Shanghai Laiyifen Co's Revenue for the three months ended in Sep. 2024 was ¥731 Mil. Therefore, Shanghai Laiyifen Co's Gross Margin % for the quarter that ended in Sep. 2024 was 39.43%.

Shanghai Laiyifen Co had a gross margin of 39.43% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shanghai Laiyifen Co was 47.61%. The lowest was 40.94%. And the median was 43.88%.


Shanghai Laiyifen Co Gross Profit Historical Data

The historical data trend for Shanghai Laiyifen 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 Laiyifen Co Gross Profit Chart

Shanghai Laiyifen 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 1,755.02 1,705.88 1,737.20 1,890.12 1,679.41

Shanghai Laiyifen 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 379.12 404.02 440.53 299.40 288.11

Competitive Comparison of Shanghai Laiyifen Co's Gross Profit

For the Grocery Stores subindustry, Shanghai Laiyifen 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 Laiyifen Co's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Shanghai Laiyifen Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shanghai Laiyifen Co's Gross Profit falls into.



Shanghai Laiyifen Co Gross Profit Calculation

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

Shanghai Laiyifen 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
=3977.183 - 2297.769
=1,679

Shanghai Laiyifen 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
=730.704 - 442.593
=288

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 ¥1,432 Mil.

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

Shanghai Laiyifen 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
=288 / 730.704
=39.43 %

* 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 Laiyifen Co  (SHSE:603777) 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 Laiyifen Co had a gross margin of 39.43% for the quarter that ended in Sep. 2024 => Competition eroding margins


Shanghai Laiyifen Co Gross Profit Related Terms

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Shanghai Laiyifen Co Business Description

Traded in Other Exchanges
N/A
Address
No. 300, Jiufu Road, Jiuting Town, Songjiang District, Shanghai, CHN, 201615
Shanghai Laiyifen Co Ltd is an omnichannel operator of its own branded snack foods. The company's core brand is Lai Yifen. Its products cover nuts, meat products, dried fruit, pastries, vegetables, soy products and 9 categories of snack foods such as aquatic products, chocolate candies/jelly and puffed.
Executives
Jiang Zhen Duo Supervisors
Zhang Li Hua Supervisors
Zhou Chen Jun senior management
Zhi Rui Qi senior management
Zhang Qin Director
Dai Yi Director
Xu Sai Hua Directors, senior managers
Wang Fang senior management
Yu Rui Fen Director
Zhang Pan Hong Director

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