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Sichuan Fulin Transportation Group Co (SZSE:002357) Gross Profit : ¥174.8 Mil (TTM As of Mar. 2024)


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What is Sichuan Fulin Transportation Group Co Gross Profit?

Sichuan Fulin Transportation Group Co's gross profit for the three months ended in Mar. 2024 was ¥43.2 Mil. Sichuan Fulin Transportation Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥174.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Fulin Transportation Group Co's gross profit for the three months ended in Mar. 2024 was ¥43.2 Mil. Sichuan Fulin Transportation Group Co's Revenue for the three months ended in Mar. 2024 was ¥211.8 Mil. Therefore, Sichuan Fulin Transportation Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 20.37%.

Sichuan Fulin Transportation Group Co had a gross margin of 20.37% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sichuan Fulin Transportation Group Co was 35.32%. The lowest was 15.76%. And the median was 23.51%.

Warning Sign:

Sichuan Fulin Transportation Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


Sichuan Fulin Transportation Group Co Gross Profit Historical Data

The historical data trend for Sichuan Fulin Transportation Group 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.

Sichuan Fulin Transportation Group Co Gross Profit Chart

Sichuan Fulin Transportation Group 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 200.30 128.01 136.57 115.00 166.80

Sichuan Fulin Transportation Group 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 35.19 45.78 47.74 38.08 43.16

Competitive Comparison of Sichuan Fulin Transportation Group Co's Gross Profit

For the Railroads subindustry, Sichuan Fulin Transportation Group 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.


Sichuan Fulin Transportation Group Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sichuan Fulin Transportation Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sichuan Fulin Transportation Group Co's Gross Profit falls into.



Sichuan Fulin Transportation Group Co Gross Profit Calculation

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

Sichuan Fulin Transportation Group 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
=864.878 - 698.083
=166.8

Sichuan Fulin Transportation Group 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
=211.841 - 168.684
=43.2

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 ¥174.8 Mil.

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

Sichuan Fulin Transportation Group 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
=43.2 / 211.841
=20.37 %

* 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.


Sichuan Fulin Transportation Group Co  (SZSE:002357) 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

Sichuan Fulin Transportation Group Co had a gross margin of 20.37% for the quarter that ended in Mar. 2024 => Competition eroding margins


Sichuan Fulin Transportation Group Co Gross Profit Related Terms

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Sichuan Fulin Transportation Group Co (SZSE:002357) Business Description

Traded in Other Exchanges
N/A
Address
No. 239, Guangfu Road, Building 29, Area N, Qingyang District, Chengdu, CHN, 610091
Sichuan Fulin Transportation Group Co Ltd is a China-based company engaged in passenger and freight transport. It also offers related extended services such as passenger and freight transportation services, charter services, a sale of petroleum products, road passenger transportation, and taxi management, urban bus operation, vehicle maintenance, vehicle inspection, driving and training services, and insurance concurrent agency.
Executives
Lu Qi Yong Director
Tang Shan Lian Supervisors
Cai Liang Fa Directors, executives
Ceng Gang Directors, executives
Wang Zhi Directors, executives
Liu Jie Fang Executives
Hou Lian Yu Director
Chen Shu Guang Director
Jiang Ming Directors, executives

Sichuan Fulin Transportation Group Co (SZSE:002357) Headlines

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