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Navinfo Co (SZSE:002405) Gross Profit : ¥929 Mil (TTM As of Jun. 2024)


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What is Navinfo Co Gross Profit?

Navinfo Co's gross profit for the three months ended in Jun. 2024 was ¥287 Mil. Navinfo Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ¥929 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Navinfo Co's gross profit for the three months ended in Jun. 2024 was ¥287 Mil. Navinfo Co's Revenue for the three months ended in Jun. 2024 was ¥960 Mil. Therefore, Navinfo Co's Gross Margin % for the quarter that ended in Jun. 2024 was 29.90%.

Navinfo Co had a gross margin of 29.90% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Navinfo Co was 81.39%. The lowest was 28.25%. And the median was 69.66%.

Warning Sign:

Navinfo Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.7%.


Navinfo Co Gross Profit Historical Data

The historical data trend for Navinfo 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.

Navinfo Co Gross Profit Chart

Navinfo 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 1,586.20 1,407.56 1,832.68 1,645.12 1,061.68

Navinfo Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 319.70 298.23 78.79 265.09 286.90

Competitive Comparison of Navinfo Co's Gross Profit

For the Software - Application subindustry, Navinfo 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.


Navinfo Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Navinfo Co's Gross Profit distribution charts can be found below:

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



Navinfo Co Gross Profit Calculation

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

Navinfo 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
=3121.82 - 2060.144
=1,062

Navinfo Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=959.558 - 672.656
=287

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥929 Mil.

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

Navinfo Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=287 / 959.558
=29.90 %

* 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.


Navinfo Co  (SZSE:002405) 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

Navinfo Co had a gross margin of 29.90% for the quarter that ended in Jun. 2024 => Competition eroding margins


Navinfo Co Gross Profit Related Terms

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Navinfo Co Business Description

Traded in Other Exchanges
N/A
Address
South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094
Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.
Executives
Wan Tie Jun Executives
Bi Lei Directors, executives
Meng Qing Xin Directors, executives
Liang Yong Jie Executives
Jin Shui Xiang Executives
Song Tie Hui Executives
Cheng Peng Directors, executives
Sun Yu Guo Director
Dai Dong Hai Executives
Jing Mu Han Executives
Qin Fang Securities Affairs Representative
Jiang Xiao Ming Executives
Xu Jin Hui Supervisors
Lai Feng Fu Executives
Cao Xiao Hang Executives

Navinfo Co Headlines

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