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LianChuang Electronic Technology Co (SZSE:002036) Gross Profit : ¥958 Mil (TTM As of Sep. 2024)


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What is LianChuang Electronic Technology Co Gross Profit?

LianChuang Electronic Technology Co's gross profit for the three months ended in Sep. 2024 was ¥310 Mil. LianChuang Electronic Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥958 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LianChuang Electronic Technology Co's gross profit for the three months ended in Sep. 2024 was ¥310 Mil. LianChuang Electronic Technology Co's Revenue for the three months ended in Sep. 2024 was ¥2,808 Mil. Therefore, LianChuang Electronic Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 11.03%.

LianChuang Electronic Technology Co had a gross margin of 11.03% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of LianChuang Electronic Technology Co was 24.69%. The lowest was 8.29%. And the median was 13.15%.

Warning Sign:

LianChuang Electronic Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


LianChuang Electronic Technology Co Gross Profit Historical Data

The historical data trend for LianChuang Electronic 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.

LianChuang Electronic Technology Co Gross Profit Chart

LianChuang Electronic Technology 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 928.18 857.60 1,016.14 1,326.09 816.45

LianChuang Electronic Technology 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 221.68 220.37 176.16 251.86 309.79

Competitive Comparison of LianChuang Electronic Technology Co's Gross Profit

For the Electronic Components subindustry, LianChuang Electronic 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.


LianChuang Electronic Technology Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LianChuang Electronic Technology Co's Gross Profit distribution charts can be found below:

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



LianChuang Electronic Technology Co Gross Profit Calculation

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

LianChuang Electronic 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
=9847.738 - 9031.288
=816

LianChuang Electronic Technology 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
=2807.791 - 2498
=310

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 ¥958 Mil.

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

LianChuang Electronic Technology 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
=310 / 2807.791
=11.03 %

* 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.


LianChuang Electronic Technology Co  (SZSE:002036) 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

LianChuang Electronic Technology Co had a gross margin of 11.03% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


LianChuang Electronic Technology Co Gross Profit Related Terms

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LianChuang Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1699 Jingdong Avenue, Nanchang High-tech Industrial Development Zone, Jiangxi, Nanchang, CHN, 330096
LianChuang Electronic Technology Co Ltd is engaged in the research, development, production, and sales of electronic products such as optoelectronic components, semiconductor devices, optical components, camera modules, touch screens and liquid crystal display modules and others.
Executives
Rao Wei Directors, executives
Lu Guo Qing Secretary Dong
Lu Fan Rong Directors, executives
Luo Shun Gen Directors, executives
Ceng Ji Yong Directors, executives
Han Sheng Long Directors, executives
Liu Dan Supervisors
Wang Zong Zhen Executives
Zhang Guo Jun Directors, executives
Wang Meng Wei Supervisors
Chen Ju Fang Supervisors
Zhuang Li Ping Supervisors
Ma Jing Yue Executives
Zhang Ling Hua Executives
Shi Dong Ming Director

LianChuang Electronic Technology Co Headlines

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