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Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Gross Profit : ¥9,062 Mil (TTM As of Mar. 2024)


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What is Beijing Oriental Yuhong Waterproof Technology Co Gross Profit?

Beijing Oriental Yuhong Waterproof Technology Co's gross profit for the three months ended in Mar. 2024 was ¥2,122 Mil. Beijing Oriental Yuhong Waterproof Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥9,062 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Oriental Yuhong Waterproof Technology Co's gross profit for the three months ended in Mar. 2024 was ¥2,122 Mil. Beijing Oriental Yuhong Waterproof Technology Co's Revenue for the three months ended in Mar. 2024 was ¥7,149 Mil. Therefore, Beijing Oriental Yuhong Waterproof Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 29.68%.

Beijing Oriental Yuhong Waterproof Technology Co had a gross margin of 29.68% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Beijing Oriental Yuhong Waterproof Technology Co was 42.63%. The lowest was 25.77%. And the median was 35.70%.

Warning Sign:

Beijing Oriental Yuhong Waterproof Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


Beijing Oriental Yuhong Waterproof Technology Co Gross Profit Historical Data

The historical data trend for Beijing Oriental Yuhong Waterproof 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.

Beijing Oriental Yuhong Waterproof Technology Co Gross Profit Chart

Beijing Oriental Yuhong Waterproof 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 6,489.31 8,049.54 9,749.77 8,042.34 9,087.67

Beijing Oriental Yuhong Waterproof Technology Co Quarterly Data
Jun19 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 2,147.98 2,722.67 2,499.78 1,717.24 2,121.88

Competitive Comparison of Beijing Oriental Yuhong Waterproof Technology Co's Gross Profit

For the Building Products & Equipment subindustry, Beijing Oriental Yuhong Waterproof 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.


Beijing Oriental Yuhong Waterproof Technology Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beijing Oriental Yuhong Waterproof Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Yuhong Waterproof Technology Co's Gross Profit falls into.



Beijing Oriental Yuhong Waterproof Technology Co Gross Profit Calculation

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

Beijing Oriental Yuhong Waterproof 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
=32822.528 - 23734.861
=9,088

Beijing Oriental Yuhong Waterproof 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
=7149.293 - 5027.418
=2,122

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 ¥9,062 Mil.

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

Beijing Oriental Yuhong Waterproof 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
=2,122 / 7149.293
=29.68 %

* 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.


Beijing Oriental Yuhong Waterproof Technology Co  (SZSE:002271) 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

Beijing Oriental Yuhong Waterproof Technology Co had a gross margin of 29.68% for the quarter that ended in Mar. 2024 => Competition eroding margins


Beijing Oriental Yuhong Waterproof Technology Co Gross Profit Related Terms

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Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Shunping Road, Shaling Section, Shunyi District, Beijing, CHN, 100123
Beijing Oriental Yuhong Waterproof Technology Co Ltd is engaged in the research and production of waterproofing solution systems. The company offers bituminous and SAM self-adhesive waterproof sheet materials; synthetic macromolecule sheet materials; waterproof coatings; and rigid waterproof, system support, and sealing materials. The solutions are offered to construction projects, industrial buildings, civil buildings and commercial buildings. Oriental Yuhong has also invested in many other fields such as non-woven fabrics, building energy efficiency, mortar, and energy and chemical industry. Geographically the activities are carried out through China.

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