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Shenzhen United Winners Laser Co (SHSE:688518) Gross Profit : ¥1,093 Mil (TTM As of Mar. 2024)


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What is Shenzhen United Winners Laser Co Gross Profit?

Shenzhen United Winners Laser Co's gross profit for the three months ended in Mar. 2024 was ¥213 Mil. Shenzhen United Winners Laser Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,093 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen United Winners Laser Co's gross profit for the three months ended in Mar. 2024 was ¥213 Mil. Shenzhen United Winners Laser Co's Revenue for the three months ended in Mar. 2024 was ¥728 Mil. Therefore, Shenzhen United Winners Laser Co's Gross Margin % for the quarter that ended in Mar. 2024 was 29.23%.

Shenzhen United Winners Laser Co had a gross margin of 29.23% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Shenzhen United Winners Laser Co was 49.67%. The lowest was 31.48%. And the median was 37.04%.


Shenzhen United Winners Laser Co Gross Profit Historical Data

The historical data trend for Shenzhen United Winners Laser 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.

Shenzhen United Winners Laser Co Gross Profit Chart

Shenzhen United Winners Laser Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.05 321.93 518.53 1,014.48 1,156.74

Shenzhen United Winners Laser Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 276.05 330.10 257.81 292.78 212.81

Competitive Comparison of Shenzhen United Winners Laser Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Shenzhen United Winners Laser 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.


Shenzhen United Winners Laser Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen United Winners Laser Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shenzhen United Winners Laser Co's Gross Profit falls into.



Shenzhen United Winners Laser Co Gross Profit Calculation

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

Shenzhen United Winners Laser 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
=3512.258 - 2355.519
=1,157

Shenzhen United Winners Laser Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=728.003 - 515.195
=213

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 ¥1,093 Mil.

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

Shenzhen United Winners Laser Co'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
=213 / 728.003
=29.23 %

* 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.


Shenzhen United Winners Laser Co  (SHSE:688518) 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

Shenzhen United Winners Laser Co had a gross margin of 29.23% for the quarter that ended in Mar. 2024 => Competition eroding margins


Shenzhen United Winners Laser Co Gross Profit Related Terms

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Shenzhen United Winners Laser Co (SHSE:688518) Business Description

Traded in Other Exchanges
N/A
Address
3370 Liuxian Avenue, Taoyuan Street, 1203, Building 2, Chongwen Park, Nanshan Zhiyuan, Fuguang Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen United Winners Laser Co Ltd is engaged in production and sales of precision laser welding machines and laser welding automation equipment. The company's laser welding machine and related automation is used in automobile, battery, consumer electronics, sensor, hardware & home appliance, optical communication, flat plate solar energy collectors, mold repair welding machine, laser welding for plastic, laser soldering & brazing, software, among others.
Executives
Zhou Hang Core technical personnel
Lu Guo Jie senior management
Qin Lei senior management
Xie Qiang senior management
Li Yi senior management
Guo Zi Ran senior management
Niu Zeng Qiang Director
Han Jin Long Director
Jia Song Director

Shenzhen United Winners Laser Co (SHSE:688518) Headlines

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