GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Shaanxi Huaqin Technology Industry Co Ltd (SHSE:688281) » Definitions » Gross Profit

Shaanxi Huaqin Technology Industry Co (SHSE:688281) Gross Profit : ¥579 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shaanxi Huaqin Technology Industry Co Gross Profit?

Shaanxi Huaqin Technology Industry Co's gross profit for the three months ended in Sep. 2024 was ¥130 Mil. Shaanxi Huaqin Technology Industry Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥579 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shaanxi Huaqin Technology Industry Co's gross profit for the three months ended in Sep. 2024 was ¥130 Mil. Shaanxi Huaqin Technology Industry Co's Revenue for the three months ended in Sep. 2024 was ¥253 Mil. Therefore, Shaanxi Huaqin Technology Industry Co's Gross Margin % for the quarter that ended in Sep. 2024 was 51.42%.

Shaanxi Huaqin Technology Industry Co had a gross margin of 51.42% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Shaanxi Huaqin Technology Industry Co was 63.99%. The lowest was 54.95%. And the median was 59.84%.


Shaanxi Huaqin Technology Industry Co Gross Profit Historical Data

The historical data trend for Shaanxi Huaqin Technology Industry 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.

Shaanxi Huaqin Technology Industry Co Gross Profit Chart

Shaanxi Huaqin Technology Industry Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 73.33 264.85 300.31 410.16 530.13

Shaanxi Huaqin Technology Industry 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 132.48 175.89 145.50 127.51 129.90

Competitive Comparison of Shaanxi Huaqin Technology Industry Co's Gross Profit

For the Aerospace & Defense subindustry, Shaanxi Huaqin Technology Industry 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.


Shaanxi Huaqin Technology Industry Co's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Shaanxi Huaqin Technology Industry Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shaanxi Huaqin Technology Industry Co's Gross Profit falls into.



Shaanxi Huaqin Technology Industry Co Gross Profit Calculation

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

Shaanxi Huaqin Technology Industry 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
=917.455 - 387.328
=530

Shaanxi Huaqin Technology Industry 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
=252.622 - 122.718
=130

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 ¥579 Mil.

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

Shaanxi Huaqin Technology Industry 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
=130 / 252.622
=51.42 %

* 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.


Shaanxi Huaqin Technology Industry Co  (SHSE:688281) 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

Shaanxi Huaqin Technology Industry Co had a gross margin of 51.42% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Shaanxi Huaqin Technology Industry Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Shaanxi Huaqin Technology Industry Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Shaanxi Huaqin Technology Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188 West Avenue, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710119
Shaanxi Huaqin Technology Industry Co Ltd specializes in the research and development, production and sales of stealth materials, camouflage materials and protective materials. The products and technologies are mainly used in the stealth of national defense weapons and equipment, the camouflage of important ground military targets and the surface protection of various equipment.
Executives
Zhe Sheng Yang Director
Luo Fa Director
Dou Yong Qing Senior management, core technical personnel
Xu Jian Sheng senior management
Huang Zhi Bin Directors, senior managers, core technical personn
Wang Jun Fang senior management
Wu Teng Fei Director
Sun Ji Zhou Director
Zhou Wan Cheng Directors, senior managers, core technical personn
Li Zhan Core technical personnel
Li Peng Senior management, core technical personnel

Shaanxi Huaqin Technology Industry Co Headlines

No Headlines