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Nexchip Semiconductor (SHSE:688249) Gross Profit : ¥2,035 Mil (TTM As of Mar. 2024)


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What is Nexchip Semiconductor Gross Profit?

Nexchip Semiconductor's gross profit for the three months ended in Mar. 2024 was ¥557 Mil. Nexchip Semiconductor's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,035 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nexchip Semiconductor's gross profit for the three months ended in Mar. 2024 was ¥557 Mil. Nexchip Semiconductor's Revenue for the three months ended in Mar. 2024 was ¥2,228 Mil. Therefore, Nexchip Semiconductor's Gross Margin % for the quarter that ended in Mar. 2024 was 24.99%.

Nexchip Semiconductor had a gross margin of 24.99% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Nexchip Semiconductor was 46.16%. The lowest was -276.55%. And the median was 6.52%.


Nexchip Semiconductor Gross Profit Historical Data

The historical data trend for Nexchip Semiconductor'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.

Nexchip Semiconductor Gross Profit Chart

Nexchip Semiconductor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -536.84 -129.54 2,450.04 4,639.47 1,565.37

Nexchip Semiconductor Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 87.44 453.65 393.06 631.23 556.68

Competitive Comparison of Nexchip Semiconductor's Gross Profit

For the Semiconductors subindustry, Nexchip Semiconductor'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.


Nexchip Semiconductor's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nexchip Semiconductor's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nexchip Semiconductor's Gross Profit falls into.



Nexchip Semiconductor Gross Profit Calculation

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

Nexchip Semiconductor'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
=7243.541 - 5678.173
=1,565

Nexchip Semiconductor's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2227.893 - 1671.215
=557

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 ¥2,035 Mil.

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

Nexchip Semiconductor'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
=557 / 2227.893
=24.99 %

* 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.


Nexchip Semiconductor  (SHSE:688249) 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

Nexchip Semiconductor had a gross margin of 24.99% for the quarter that ended in Mar. 2024 => Competition eroding margins


Nexchip Semiconductor Gross Profit Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011
Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.
Executives
Zhou Yi Liang senior management
Cai Guo Zhi Director
Cai Hui Jia Senior management, core technical personnel
Zhu Cai Wei Director

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