GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Topband Co Ltd (SZSE:002139) » Definitions » Gross Profit

Shenzhen Topband Co (SZSE:002139) Gross Profit : ¥2,426 Mil (TTM As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Shenzhen Topband Co Gross Profit?

Shenzhen Topband Co's gross profit for the three months ended in Sep. 2024 was ¥627 Mil. Shenzhen Topband Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2,426 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen Topband Co's gross profit for the three months ended in Sep. 2024 was ¥627 Mil. Shenzhen Topband Co's Revenue for the three months ended in Sep. 2024 was ¥2,684 Mil. Therefore, Shenzhen Topband Co's Gross Margin % for the quarter that ended in Sep. 2024 was 23.36%.

Shenzhen Topband Co had a gross margin of 23.36% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shenzhen Topband Co was 24.39%. The lowest was 18.63%. And the median was 21.64%.


Shenzhen Topband Co Gross Profit Historical Data

The historical data trend for Shenzhen Topband 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 Topband Co Gross Profit Chart

Shenzhen Topband 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 901.35 1,355.89 1,652.50 1,787.87 2,006.02

Shenzhen Topband 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 487.32 600.41 548.31 650.27 626.97

Competitive Comparison of Shenzhen Topband Co's Gross Profit

For the Electronic Components subindustry, Shenzhen Topband 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 Topband Co's Gross Profit Distribution in the Hardware Industry

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

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



Shenzhen Topband Co Gross Profit Calculation

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

Shenzhen Topband 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
=8992.342 - 6986.324
=2,006

Shenzhen Topband 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
=2683.825 - 2056.851
=627

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 ¥2,426 Mil.

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

Shenzhen Topband 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
=627 / 2683.825
=23.36 %

* 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 Topband Co  (SZSE:002139) 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 Topband Co had a gross margin of 23.36% for the quarter that ended in Sep. 2024 => Competition eroding margins


Shenzhen Topband Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Shenzhen Topband Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Topband Co Business Description

Traded in Other Exchanges
N/A
Address
Keji Second Road, Topband Industrial Park, Tangtou Avenue, Shiyan Subdistrict, Baoan District, Guangdong, Shenzhen, CHN, 518108
Shenzhen Topband Co Ltd is engaged in the manufacturing of intelligent controller solutions, high-efficient motors, and lithium batteries for the household appliance, power tools industry, and technology-related markets.
Executives
Xiang Wei Executives
Wen Chao Hui Directors, executives
Ji Shu Hai Director
Peng Gan Quan Directors, executives
Wu Yong Qiang Directors, executives
Chen De Jian Securities Affairs Representative
Chen Jin Zhou Supervisors
Yao Xiao Cong Independent director
Zheng Si Bin Directors, executives
Ma Wei Directors, executives
Dai Hui Juan Supervisors
Zhou Biao Supervisors
Li Rang Directors, executives
Dai Xin Director
Wan Fei Supervisors

Shenzhen Topband Co Headlines

No Headlines