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CGN Nuclear Technology Development Co (SZSE:000881) Gross Profit : ¥739 Mil (TTM As of Sep. 2024)


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What is CGN Nuclear Technology Development Co Gross Profit?

CGN Nuclear Technology Development Co's gross profit for the three months ended in Sep. 2024 was ¥203 Mil. CGN Nuclear Technology Development Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥739 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CGN Nuclear Technology Development Co's gross profit for the three months ended in Sep. 2024 was ¥203 Mil. CGN Nuclear Technology Development Co's Revenue for the three months ended in Sep. 2024 was ¥1,630 Mil. Therefore, CGN Nuclear Technology Development Co's Gross Margin % for the quarter that ended in Sep. 2024 was 12.44%.

CGN Nuclear Technology Development Co had a gross margin of 12.44% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of CGN Nuclear Technology Development Co was 22.63%. The lowest was 11.77%. And the median was 19.12%.

Warning Sign:

CGN Nuclear Technology Development Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


CGN Nuclear Technology Development Co Gross Profit Historical Data

The historical data trend for CGN Nuclear Technology Development 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.

CGN Nuclear Technology Development Co Gross Profit Chart

CGN Nuclear Technology Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,078.53 1,308.10 1,568.60 1,240.76 767.28

CGN Nuclear Technology Development Co Quarterly Data
Dec19 Mar20 Jun20 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 Premium Member Only 206.71 182.03 146.75 207.77 202.72

Competitive Comparison of CGN Nuclear Technology Development Co's Gross Profit

For the Conglomerates subindustry, CGN Nuclear Technology Development 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.


CGN Nuclear Technology Development Co's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CGN Nuclear Technology Development Co's Gross Profit distribution charts can be found below:

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



CGN Nuclear Technology Development Co Gross Profit Calculation

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

CGN Nuclear Technology Development 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
=6352.519 - 5585.239
=767

CGN Nuclear Technology Development 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
=1630.012 - 1427.289
=203

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 ¥739 Mil.

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

CGN Nuclear Technology Development 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
=203 / 1630.012
=12.44 %

* 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.


CGN Nuclear Technology Development Co  (SZSE:000881) 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

CGN Nuclear Technology Development Co had a gross margin of 12.44% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


CGN Nuclear Technology Development Co Gross Profit Related Terms

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CGN Nuclear Technology Development Co Business Description

Traded in Other Exchanges
N/A
Address
No.219, Huanghe Road, Dalian, CHN, 116011
CGN Nuclear Technology Development Co Ltd, Dalian International Cooperation (Group) Holdings Ltd is principally engaged in businesses such as construction project contracting, international labor service cooperation, real estate, ocean transportation, pelagic fishery, international trade, bio-pharmacy, aquaculture and aquatic products processing. Geographically the group has invested and set up affiliates in Singapore, Suriname, Russia, Gabon, Guinea, Sierra Leone, Argentina, Spain, South Korea, Japan and so on.
Executives
Wang Jun Supervisors
Liu Sheng De Director
Zhang Lan Shui Directors, executives
Yang Li Qiang Supervisors
Li Shu Juan Director

CGN Nuclear Technology Development Co Headlines

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