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ZYNP (SZSE:002448) Gross Profit : ¥788 Mil (TTM As of Mar. 2024)


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What is ZYNP Gross Profit?

ZYNP's gross profit for the three months ended in Mar. 2024 was ¥219 Mil. ZYNP's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥788 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ZYNP's gross profit for the three months ended in Mar. 2024 was ¥219 Mil. ZYNP's Revenue for the three months ended in Mar. 2024 was ¥835 Mil. Therefore, ZYNP's Gross Margin % for the quarter that ended in Mar. 2024 was 26.27%.

ZYNP had a gross margin of 26.27% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of ZYNP was 41.55%. The lowest was 25.01%. And the median was 33.99%.

Warning Sign:

ZYNP Corp gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


ZYNP Gross Profit Historical Data

The historical data trend for ZYNP'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.

ZYNP Gross Profit Chart

ZYNP 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 479.49 524.61 650.71 575.64 770.82

ZYNP 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 201.93 206.29 177.07 185.53 219.40

Competitive Comparison of ZYNP's Gross Profit

For the Auto Parts subindustry, ZYNP'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.


ZYNP's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZYNP's Gross Profit distribution charts can be found below:

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



ZYNP Gross Profit Calculation

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

ZYNP'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
=2864.28 - 2093.456
=771

ZYNP's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=835.175 - 615.775
=219

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 ¥788 Mil.

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

ZYNP'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
=219 / 835.175
=26.27 %

* 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.


ZYNP  (SZSE:002448) 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

ZYNP had a gross margin of 26.27% for the quarter that ended in Mar. 2024 => Competition eroding margins


ZYNP Gross Profit Related Terms

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ZYNP (SZSE:002448) Business Description

Traded in Other Exchanges
N/A
Address
No.146, Road Hanyu, Mengzhou City, Henan Province, CHN, 454750
ZYNP Corp is the manufacturer of cylinder liners. The company's products are mainly applied in commercial vehicles, passenger vehicles, engineering machinery, agricultural machinery, garden machinery, military, ships and generator sets, among others.
Executives
Xue De Long Director
Zhang Dong Mei Director
Xue Jian Jun Supervisors
Xue Ya Hui Directors, executives
Huang Quan Fu Supervisors
Qian Li Yong Executives
Liu Zhi Jun Directors, executives
Liu Xiang Ning Secretary Dong
Zhao Fei Supervisors
Liu Dong Ping Directors, executives
Wang Zhong Ying Director
Cui Shi Ju Supervisors
Yao Shou Tong Director
Dang Zeng Jun Directors, executives

ZYNP (SZSE:002448) Headlines

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