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Beijing Deep Glint Technology Co (SHSE:688207) Gross Profit : ¥47.15 Mil (TTM As of Sep. 2024)


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What is Beijing Deep Glint Technology Co Gross Profit?

Beijing Deep Glint Technology Co's gross profit for the three months ended in Sep. 2024 was ¥4.98 Mil. Beijing Deep Glint Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥47.15 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Deep Glint Technology Co's gross profit for the three months ended in Sep. 2024 was ¥4.98 Mil. Beijing Deep Glint Technology Co's Revenue for the three months ended in Sep. 2024 was ¥9.35 Mil. Therefore, Beijing Deep Glint Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 53.26%.

Beijing Deep Glint Technology Co had a gross margin of 53.26% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Beijing Deep Glint Technology Co was 64.00%. The lowest was 47.93%. And the median was 57.18%.

Warning Sign:

Beijing Deep Glint Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Beijing Deep Glint Technology Co Gross Profit Historical Data

The historical data trend for Beijing Deep Glint 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.

Beijing Deep Glint Technology Co Gross Profit Chart

Beijing Deep Glint Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 37.97 149.47 163.30 204.41 148.34

Beijing Deep Glint Technology Co Quarterly Data
Dec18 Dec19 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 43.04 7.59 22.87 11.70 4.98

Competitive Comparison of Beijing Deep Glint Technology Co's Gross Profit

For the Software - Infrastructure subindustry, Beijing Deep Glint 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.


Beijing Deep Glint Technology Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Deep Glint Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Deep Glint Technology Co's Gross Profit falls into.



Beijing Deep Glint Technology Co Gross Profit Calculation

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

Beijing Deep Glint Technology 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
=262.286 - 113.942
=148.34

Beijing Deep Glint Technology 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
=9.354 - 4.372
=4.98

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 ¥47.15 Mil.

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

Beijing Deep Glint Technology 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
=4.98 / 9.354
=53.26 %

* 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.


Beijing Deep Glint Technology Co  (SHSE:688207) 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

Beijing Deep Glint Technology Co had a gross margin of 53.26% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Beijing Deep Glint Technology Co Gross Profit Related Terms

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Beijing Deep Glint Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Wangjing East Road, 1A025, Room 101, 1st Floor, Chaoyang District, Beijing, CHN, 100102
Beijing Deep Glint Technology Co Ltd is engaged in providing artificial intelligence products and solutions for urban management, smart finance, commercial retail, sports health, rail transit operation maintenance and other fields.

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