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Sichuan Kelun Pharmaceutical Co (SZSE:002422) Gross Profit : ¥11,634 Mil (TTM As of Mar. 2024)


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What is Sichuan Kelun Pharmaceutical Co Gross Profit?

Sichuan Kelun Pharmaceutical Co's gross profit for the three months ended in Mar. 2024 was ¥3,473 Mil. Sichuan Kelun Pharmaceutical Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥11,634 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Kelun Pharmaceutical Co's gross profit for the three months ended in Mar. 2024 was ¥3,473 Mil. Sichuan Kelun Pharmaceutical Co's Revenue for the three months ended in Mar. 2024 was ¥6,219 Mil. Therefore, Sichuan Kelun Pharmaceutical Co's Gross Margin % for the quarter that ended in Mar. 2024 was 55.84%.

Sichuan Kelun Pharmaceutical Co had a gross margin of 55.84% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sichuan Kelun Pharmaceutical Co was 60.18%. The lowest was 41.96%. And the median was 52.48%.

Warning Sign:

Sichuan Kelun Pharmaceutical Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Sichuan Kelun Pharmaceutical Co Gross Profit Historical Data

The historical data trend for Sichuan Kelun Pharmaceutical 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 Kelun Pharmaceutical Co Gross Profit Chart

Sichuan Kelun Pharmaceutical 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 10,613.71 8,931.29 9,617.26 9,998.06 11,248.40

Sichuan Kelun Pharmaceutical 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 3,087.13 2,631.79 2,614.46 2,915.01 3,472.79

Competitive Comparison of Sichuan Kelun Pharmaceutical Co's Gross Profit

For the Drug Manufacturers - General subindustry, Sichuan Kelun Pharmaceutical 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 Kelun Pharmaceutical Co's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sichuan Kelun Pharmaceutical Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sichuan Kelun Pharmaceutical Co's Gross Profit falls into.



Sichuan Kelun Pharmaceutical Co Gross Profit Calculation

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

Sichuan Kelun Pharmaceutical 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
=21453.929 - 10205.534
=11,248

Sichuan Kelun Pharmaceutical 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
=6219.417 - 2746.623
=3,473

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 ¥11,634 Mil.

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

Sichuan Kelun Pharmaceutical 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
=3,473 / 6219.417
=55.84 %

* 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 Kelun Pharmaceutical Co  (SZSE:002422) 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 Kelun Pharmaceutical Co had a gross margin of 55.84% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Sichuan Kelun Pharmaceutical Co Gross Profit Related Terms

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Sichuan Kelun Pharmaceutical Co (SZSE:002422) Business Description

Traded in Other Exchanges
N/A
Address
No.36 West Baihua Road, Qingyang District, Chengdu, CHN, 610071
Sichuan Kelun Pharmaceutical Co Ltd is a China-based Pharmaceutical company mainly focused on the production and sales of injection products, including products for glucose injection and sodium chloride injection. It manufactures and sells high-volume injections (infusions), small-volume injections (water needles), sterile powder injections (containing powdered and freeze-dried powder). Its products include tablets, capsules, capsules, granules, oral liquids, peritoneal dialysis fluids, raw material medicines, medical packaging materials, medical instruments, and antibiotic intermediates.
Executives
Lai De Gui Executives
Feng Hao Directors, executives
Liu Si Chuan Directors, executives
Wang Jing Yi Directors, executives
Wan Yang Yu Executives
Ge Jun You Executives
Wu Zhong Hua Executives
Wan Peng Supervisors
Tan Hong Bo Executives
Liu Ge Xin Director
Huang Xin Securities Affairs Representative
Ge Tao Executives
Pan Hui Directors, executives
Zhou Xiao Dong Executives
Zheng Chang Yan Supervisors

Sichuan Kelun Pharmaceutical Co (SZSE:002422) Headlines

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