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Primarius Technologies Co (SHSE:688206) Gross Profit : ¥340.8 Mil (TTM As of Sep. 2024)


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What is Primarius Technologies Co Gross Profit?

Primarius Technologies Co's gross profit for the three months ended in Sep. 2024 was ¥77.5 Mil. Primarius Technologies Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥340.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Primarius Technologies Co's gross profit for the three months ended in Sep. 2024 was ¥77.5 Mil. Primarius Technologies Co's Revenue for the three months ended in Sep. 2024 was ¥83.1 Mil. Therefore, Primarius Technologies Co's Gross Margin % for the quarter that ended in Sep. 2024 was 93.27%.

Primarius Technologies Co had a gross margin of 93.27% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Primarius Technologies Co was 96.28%. The lowest was 82.51%. And the median was 90.75%.

Warning Sign:

Primarius Technologies Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Primarius Technologies Co Gross Profit Historical Data

The historical data trend for Primarius Technologies 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.

Primarius Technologies Co Gross Profit Chart

Primarius Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 62.40 123.10 178.27 240.59 271.38

Primarius Technologies Co Quarterly Data
Dec18 Dec19 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 54.31 88.82 77.13 97.31 77.50

Competitive Comparison of Primarius Technologies Co's Gross Profit

For the Semiconductors subindustry, Primarius Technologies 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.


Primarius Technologies Co's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Primarius Technologies Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Primarius Technologies Co's Gross Profit falls into.



Primarius Technologies Co Gross Profit Calculation

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

Primarius Technologies 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
=328.896 - 57.514
=271.4

Primarius Technologies 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
=83.097 - 5.594
=77.5

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 ¥340.8 Mil.

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

Primarius Technologies 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
=77.5 / 83.097
=93.27 %

* 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.


Primarius Technologies Co  (SHSE:688206) 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

Primarius Technologies Co had a gross margin of 93.27% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Primarius Technologies Co Gross Profit Related Terms

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Primarius Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No.888 Huanhu West Second Road, Building C, Lingang New Area, Pilot Free Trade Zone, Shanghai, CHN, 201306
Primarius Technologies Co Ltd is committed towards delivering innovative EDA solutions to tighten the linkage between advanced process development and high-end chip designs.

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