Hangzhou Hota M&E Holdings Co (SZSE:001225) Gross Profit : ¥135.8 Mil (TTM As of Mar. 2024)

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What is Hangzhou Hota M&E Holdings Co Gross Profit?

Hangzhou Hota M&E Holdings Co's gross profit for the three months ended in Mar. 2024 was ¥28.5 Mil. Hangzhou Hota M&E Holdings Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥135.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hangzhou Hota M&E Holdings Co's gross profit for the three months ended in Mar. 2024 was ¥28.5 Mil. Hangzhou Hota M&E Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥83.3 Mil. Therefore, Hangzhou Hota M&E Holdings Co's Gross Margin % for the quarter that ended in Mar. 2024 was 34.19%.

Hangzhou Hota M&E Holdings Co had a gross margin of 34.19% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Hangzhou Hota M&E Holdings Co was 45.97%. The lowest was 38.18%. And the median was 43.29%.

Warning Sign:

Hangzhou Hota M&E Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.

Hangzhou Hota M&E Holdings Co Gross Profit Historical Data

The historical data trend for Hangzhou Hota M&E Holdings 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.

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Hangzhou Hota M&E Holdings Co Gross Profit Chart

Hangzhou Hota M&E Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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150.62

176.34

235.22

205.52

151.67

Hangzhou Hota M&E Holdings Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial									44.35	39.38	31.97	35.96	28.48

Competitive Comparison of Hangzhou Hota M&E Holdings Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Hangzhou Hota M&E Holdings 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.

Hangzhou Hota M&E Holdings Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Hota M&E Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hangzhou Hota M&E Holdings Co's Gross Profit falls into.

Hangzhou Hota M&E Holdings Co Gross Profit Calculation

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

Hangzhou Hota M&E Holdings 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
	=	385.622	-	233.956
	=	151.7

Hangzhou Hota M&E Holdings 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
	=	83.297	-	54.814
	=	28.5

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 ¥135.8 Mil.

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

Hangzhou Hota M&E Holdings 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
	=	28.5	/	83.297
	=	34.19 %

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.

Hangzhou Hota M&E Holdings Co (SZSE:001225) 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

Hangzhou Hota M&E Holdings Co had a gross margin of 34.19% for the quarter that ended in Mar. 2024 => Competition eroding margins

Hangzhou Hota M&E Holdings Co Gross Profit Related Terms

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Hangzhou Hota M&E Holdings Co (SZSE:001225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Hota M&E Holdings Co Ltd (SZSE:001225) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1201, Tonghui North Road, Ningwei Street, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.hota.com.cn

Hangzhou Hota M&E Holdings Co Ltd is engaged in the research and development, design, manufacture and sales of material handling equipment. The company's main products include plate chain bucket elevators, belt bucket elevators and other series of conveying equipment and accessories, which are widely used in cement building materials, ports, steel, chemical and other industries, providing customers with environmentally friendly and efficient bulk materials Handling solutions.

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