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Harbin Xinguang Optic-Electronics Technology Co (SHSE:688011) Gross Profit : ¥40.8 Mil (TTM As of Mar. 2025)


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What is Harbin Xinguang Optic-Electronics Technology Co Gross Profit?

Harbin Xinguang Optic-Electronics Technology Co's gross profit for the three months ended in Mar. 2025 was ¥-0.6 Mil. Harbin Xinguang Optic-Electronics Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥40.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Harbin Xinguang Optic-Electronics Technology Co's gross profit for the three months ended in Mar. 2025 was ¥-0.6 Mil. Harbin Xinguang Optic-Electronics Technology Co's Revenue for the three months ended in Mar. 2025 was ¥7.9 Mil. Therefore, Harbin Xinguang Optic-Electronics Technology Co's Gross Margin % for the quarter that ended in Mar. 2025 was -7.79%.

Harbin Xinguang Optic-Electronics Technology Co had a gross margin of -7.79% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Harbin Xinguang Optic-Electronics Technology Co was 72.25%. The lowest was 26.13%. And the median was 47.72%.

Warning Sign:

Harbin Xinguang Optic-Electronics Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.9%.


Harbin Xinguang Optic-Electronics Technology Co Gross Profit Historical Data

The historical data trend for Harbin Xinguang Optic-Electronics Technology 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.

Harbin Xinguang Optic-Electronics Technology Co Gross Profit Chart

Harbin Xinguang Optic-Electronics Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 49.47 68.62 39.16 52.87 54.33

Harbin Xinguang Optic-Electronics Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.94 10.24 4.95 26.20 -0.62

Competitive Comparison of Harbin Xinguang Optic-Electronics Technology Co's Gross Profit

For the Electronic Components subindustry, Harbin Xinguang Optic-Electronics Technology 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.


Harbin Xinguang Optic-Electronics Technology Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Harbin Xinguang Optic-Electronics Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Harbin Xinguang Optic-Electronics Technology Co's Gross Profit falls into.


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Harbin Xinguang Optic-Electronics Technology Co Gross Profit Calculation

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

Harbin Xinguang Optic-Electronics Technology Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=171.94 - 117.609
=54.3

Harbin Xinguang Optic-Electronics Technology Co's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=7.905 - 8.521
=-0.6

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥40.8 Mil.

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

Harbin Xinguang Optic-Electronics Technology Co's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as

Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.6 / 7.905
=-7.79 %

* 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.


Harbin Xinguang Optic-Electronics Technology Co  (SHSE:688011) 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

Harbin Xinguang Optic-Electronics Technology Co had a gross margin of -7.79% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Harbin Xinguang Optic-Electronics Technology Co Gross Profit Related Terms

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Harbin Xinguang Optic-Electronics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1294, Innovation Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Xinguang Optic-Electronics Technology Co Ltd is engaged in providing high-precision components, devices, systems and solutions for optical targets and scene simulation, optical guidance, optoelectronic-specific testing and laser countermeasures.
Executives
Wang Yu Wei Director

Harbin Xinguang Optic-Electronics Technology Co Headlines

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