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Zbom Home Collection Co (SHSE:603801) Gross Profit : ¥2,275 Mil (TTM As of Mar. 2024)


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What is Zbom Home Collection Co Gross Profit?

Zbom Home Collection Co's gross profit for the three months ended in Mar. 2024 was ¥305 Mil. Zbom Home Collection Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,275 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zbom Home Collection Co's gross profit for the three months ended in Mar. 2024 was ¥305 Mil. Zbom Home Collection Co's Revenue for the three months ended in Mar. 2024 was ¥820 Mil. Therefore, Zbom Home Collection Co's Gross Margin % for the quarter that ended in Mar. 2024 was 37.22%.

Zbom Home Collection Co had a gross margin of 37.22% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Zbom Home Collection Co was 38.53%. The lowest was 34.90%. And the median was 37.38%.


Zbom Home Collection Co Gross Profit Historical Data

The historical data trend for Zbom Home Collection 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.

Zbom Home Collection Co Gross Profit Chart

Zbom Home Collection 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 1,141.39 1,462.08 1,867.46 2,030.80 2,267.13

Zbom Home Collection 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 297.25 549.43 662.45 758.00 305.22

Competitive Comparison of Zbom Home Collection Co's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Zbom Home Collection 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.


Zbom Home Collection Co's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zbom Home Collection Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zbom Home Collection Co's Gross Profit falls into.



Zbom Home Collection Co Gross Profit Calculation

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

Zbom Home Collection 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
=6116.473 - 3849.348
=2,267

Zbom Home Collection 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
=820.024 - 514.809
=305

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 ¥2,275 Mil.

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

Zbom Home Collection 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
=305 / 820.024
=37.22 %

* 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.


Zbom Home Collection Co  (SHSE:603801) 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

Zbom Home Collection Co had a gross margin of 37.22% for the quarter that ended in Mar. 2024 => Competition eroding margins


Zbom Home Collection Co Gross Profit Related Terms

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Zbom Home Collection Co (SHSE:603801) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Lianshui Road, Fuyang Industrial Zone, Anhui, Hefei, CHN, 230041
Zbom Home Collection Co Ltd operates in the furniture manufacturing industry. The company is specialized in design, development, and production of the overall kitchen cabinets, custom wardrobe, and other custom furniture products. It also provides customized service of integrated design, custom cabinets, semi-custom kitchen cabinets, installation and after sales services. It has four main product segments: Kitchen Cabinets, Wardrobe, Bathroom, and Kitchen Accessories.

Zbom Home Collection Co (SHSE:603801) Headlines

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