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Zhejiang Jingu Co (SZSE:002488) Gross Profit : ¥411 Mil (TTM As of Mar. 2025)


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What is Zhejiang Jingu Co Gross Profit?

Zhejiang Jingu Co's gross profit for the three months ended in Mar. 2025 was ¥107 Mil. Zhejiang Jingu Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥411 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Jingu Co's gross profit for the three months ended in Mar. 2025 was ¥107 Mil. Zhejiang Jingu Co's Revenue for the three months ended in Mar. 2025 was ¥887 Mil. Therefore, Zhejiang Jingu Co's Gross Margin % for the quarter that ended in Mar. 2025 was 12.07%.

Zhejiang Jingu Co had a gross margin of 12.07% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Zhejiang Jingu Co was 23.71%. The lowest was 7.56%. And the median was 13.17%.

Warning Sign:

Zhejiang Jingu Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.7%.


Zhejiang Jingu Co Gross Profit Historical Data

The historical data trend for Zhejiang Jingu 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.

Zhejiang Jingu Co Gross Profit Chart

Zhejiang Jingu Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 336.11 292.23 228.12 321.30 388.33

Zhejiang Jingu Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 84.25 82.42 71.28 150.37 107.01

Competitive Comparison of Zhejiang Jingu Co's Gross Profit

For the Auto Parts subindustry, Zhejiang Jingu 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.


Zhejiang Jingu Co's Gross Profit Distribution in the Vehicles & Parts Industry

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

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


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Zhejiang Jingu Co Gross Profit Calculation

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

Zhejiang Jingu Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=3358.195 - 2969.868
=388

Zhejiang Jingu Co's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=886.636 - 779.625
=107

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥411 Mil.

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

Zhejiang Jingu Co's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as

Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=107 / 886.636
=12.07 %

* 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.


Zhejiang Jingu Co  (SZSE:002488) 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

Zhejiang Jingu Co had a gross margin of 12.07% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Zhejiang Jingu Co Gross Profit Related Terms

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Zhejiang Jingu Co Business Description

Traded in Other Exchanges
N/A
Address
No.28 Fengshou Road, Fuyang, Zhejiang, CHN, 311400
Zhejiang Jingu Co Ltd researches, designs, develops, manufactures, and sells steel wheels in China. Jingu's products include tubeless truck wheels, passenger car wheels, trailer wheels and agriculture vehicle wheels.
Executives
Shi Qing Yun Executives
Sun Jin Guo Director
Shi Zhi Shan Director
Sun Hua Qun Supervisors
Luo Xiang Feng Securities Affairs Representative
Sheng Feng Supervisors
Zhu Dan Executives
Sun Feng Feng Directors, executives
Sun Xing Yuan Executives
Ni Yong Hua Directors, Directors, and Executives
Lu Ben Yin Supervisors
He Feng Director
Xu Xiao Fei Supervisors
Jin Jia Yan Executives
Sun Ye Fei Executives

Zhejiang Jingu Co Headlines

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