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Threes Company Media Group Co (SHSE:605168) Gross Profit : ¥900 Mil (TTM As of Mar. 2024)


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What is Threes Company Media Group Co Gross Profit?

Threes Company Media Group Co's gross profit for the three months ended in Mar. 2024 was ¥164 Mil. Threes Company Media Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥900 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Threes Company Media Group Co's gross profit for the three months ended in Mar. 2024 was ¥164 Mil. Threes Company Media Group Co's Revenue for the three months ended in Mar. 2024 was ¥936 Mil. Therefore, Threes Company Media Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 17.51%.

Threes Company Media Group Co had a gross margin of 17.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Threes Company Media Group Co was 48.87%. The lowest was 16.68%. And the median was 23.85%.

Warning Sign:

Threes Company Media Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.1%.


Threes Company Media Group Co Gross Profit Historical Data

The historical data trend for Threes Company Media Group 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.

Threes Company Media Group Co Gross Profit Chart

Threes Company Media Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 364.74 547.27 755.28 942.98 935.27

Threes Company Media Group 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 198.81 266.46 252.87 217.13 164.01

Competitive Comparison of Threes Company Media Group Co's Gross Profit

For the Advertising Agencies subindustry, Threes Company Media Group 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.


Threes Company Media Group Co's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Threes Company Media Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Threes Company Media Group Co's Gross Profit falls into.



Threes Company Media Group Co Gross Profit Calculation

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

Threes Company Media Group 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
=5283.543 - 4348.277
=935

Threes Company Media Group 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
=936.449 - 772.442
=164

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 ¥900 Mil.

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

Threes Company Media Group 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
=164 / 936.449
=17.51 %

* 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.


Threes Company Media Group Co  (SHSE:605168) 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

Threes Company Media Group Co had a gross margin of 17.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Threes Company Media Group Co Gross Profit Related Terms

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Threes Company Media Group Co (SHSE:605168) Business Description

Traded in Other Exchanges
N/A
Address
Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN
Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.
Executives
Guo Xian Wei Director
Wang Chuan Directors, senior managers
Li Da senior management
Chen Sheng senior management
Zhang Hao Directors, senior managers
Dai Xiu Ju Supervisors
Wang Lei Supervisors
Qian Jun Dong Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

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