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SUPCON Technology Co (SHSE:688777) Gross Profit : ¥2,918 Mil (TTM As of Mar. 2024)


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What is SUPCON Technology Co Gross Profit?

SUPCON Technology Co's gross profit for the three months ended in Mar. 2024 was ¥539 Mil. SUPCON Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,918 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SUPCON Technology Co's gross profit for the three months ended in Mar. 2024 was ¥539 Mil. SUPCON Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,738 Mil. Therefore, SUPCON Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 31.03%.

SUPCON Technology Co had a gross margin of 31.03% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of SUPCON Technology Co was 48.10%. The lowest was 32.75%. And the median was 40.14%.


SUPCON Technology Co Gross Profit Historical Data

The historical data trend for SUPCON 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.

SUPCON Technology Co Gross Profit Chart

SUPCON Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1,220.25 1,416.60 1,776.20 2,363.10 2,860.82

SUPCON Technology Co Quarterly Data
Mar19 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 481.84 700.72 677.45 1,000.81 539.48

Competitive Comparison of SUPCON Technology Co's Gross Profit

For the Electrical Equipment & Parts subindustry, SUPCON 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.


SUPCON Technology Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SUPCON Technology Co's Gross Profit distribution charts can be found below:

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



SUPCON Technology Co Gross Profit Calculation

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

SUPCON 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
=8619.911 - 5759.093
=2,861

SUPCON Technology 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
=1738.464 - 1198.98
=539

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 ¥2,918 Mil.

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

SUPCON Technology 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
=539 / 1738.464
=31.03 %

* 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.


SUPCON Technology Co  (SHSE:688777) 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

SUPCON Technology Co had a gross margin of 31.03% for the quarter that ended in Mar. 2024 => Competition eroding margins


SUPCON Technology Co Gross Profit Related Terms

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SUPCON Technology Co (SHSE:688777) Business Description

Traded in Other Exchanges
N/A
Address
No. 309, Liuhe Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053
SUPCON Technology Co Ltd is engaged in providing technologies and products with automation control system covering industrial software, automation instrumentation and operation and maintenance services. Its products include Total solution, Instruments, PCS, APC & MES, and ERP. Its products are used in various industries including Oil & Gas; Petrochemical & Refinery; Chemical; Power; Building Material; Pulp & Paper; Metallurgy; among others.
Executives
Chen Yu Core technical personnel
Lai Jing Yu senior management
Shen Hui senior management
Qiu Kun Senior management, core technical personnel
senior management
Ding Xiao Bo senior management
Mo Wei senior management
Yao Jie Core technical personnel
Yu Hai Bin senior management
Zhang Lei senior management
Lu Wei Jun Core technical personnel
Guo Biao senior management
Liang Qiao Chu Supervisors
Fang Yong Sheng senior management
Jin Jian Xiang Director

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