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Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Gross Profit : ¥999 Mil (TTM As of Sep. 2024)


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What is Hainan Huluwa Pharmaceutical Group Co Gross Profit?

Hainan Huluwa Pharmaceutical Group Co's gross profit for the three months ended in Sep. 2024 was ¥224 Mil. Hainan Huluwa Pharmaceutical Group Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥999 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hainan Huluwa Pharmaceutical Group Co's gross profit for the three months ended in Sep. 2024 was ¥224 Mil. Hainan Huluwa Pharmaceutical Group Co's Revenue for the three months ended in Sep. 2024 was ¥347 Mil. Therefore, Hainan Huluwa Pharmaceutical Group Co's Gross Margin % for the quarter that ended in Sep. 2024 was 64.55%.

Hainan Huluwa Pharmaceutical Group Co had a gross margin of 64.55% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Hainan Huluwa Pharmaceutical Group Co was 61.96%. The lowest was 40.25%. And the median was 58.80%.

Warning Sign:

Hainan Huluwa Pharmaceutical Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Hainan Huluwa Pharmaceutical Group Co Gross Profit Historical Data

The historical data trend for Hainan Huluwa Pharmaceutical 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.

Hainan Huluwa Pharmaceutical Group Co Gross Profit Chart

Hainan Huluwa Pharmaceutical Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 809.13 718.05 808.70 876.46 1,005.35

Hainan Huluwa Pharmaceutical Group 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 181.71 346.31 205.59 222.99 224.05

Competitive Comparison of Hainan Huluwa Pharmaceutical Group Co's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Hainan Huluwa Pharmaceutical 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.


Hainan Huluwa Pharmaceutical Group Co's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hainan Huluwa Pharmaceutical Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hainan Huluwa Pharmaceutical Group Co's Gross Profit falls into.



Hainan Huluwa Pharmaceutical Group Co Gross Profit Calculation

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

Hainan Huluwa Pharmaceutical 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
=1905.182 - 899.832
=1,005

Hainan Huluwa Pharmaceutical Group 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
=347.069 - 123.019
=224

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 ¥999 Mil.

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

Hainan Huluwa Pharmaceutical Group 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
=224 / 347.069
=64.55 %

* 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.


Hainan Huluwa Pharmaceutical Group Co  (SHSE:605199) 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

Hainan Huluwa Pharmaceutical Group Co had a gross margin of 64.55% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Hainan Huluwa Pharmaceutical Group Co Gross Profit Related Terms

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Hainan Huluwa Pharmaceutical Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Yaogu 4th Road, Phase II, Yaogu Industrial Park, Haikou National High-tech Zone, Hainan Province, Haikou, CHN, 570300
Hainan Huluwa Pharmaceutical Group Co Ltd is engaged in production and sales of Chinese patent medicines and chemical drugs. The company produces medicines for children's respiratory and digestive systems. Its products include star products, calabash, gourd dad, and gourd mom.

Hainan Huluwa Pharmaceutical Group Co Headlines

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