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Anhui Deli Household Glass Co (SZSE:002571) Gross Profit : ¥242 Mil (TTM As of Sep. 2024)


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What is Anhui Deli Household Glass Co Gross Profit?

Anhui Deli Household Glass Co's gross profit for the three months ended in Sep. 2024 was ¥35 Mil. Anhui Deli Household Glass Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥242 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Anhui Deli Household Glass Co's gross profit for the three months ended in Sep. 2024 was ¥35 Mil. Anhui Deli Household Glass Co's Revenue for the three months ended in Sep. 2024 was ¥515 Mil. Therefore, Anhui Deli Household Glass Co's Gross Margin % for the quarter that ended in Sep. 2024 was 6.88%.

Anhui Deli Household Glass Co had a gross margin of 6.88% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Anhui Deli Household Glass Co was 25.37%. The lowest was 14.15%. And the median was 18.30%.

Warning Sign:

Anhui Deli Household Glass Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.5%.


Anhui Deli Household Glass Co Gross Profit Historical Data

The historical data trend for Anhui Deli Household Glass 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.

Anhui Deli Household Glass Co Gross Profit Chart

Anhui Deli Household Glass 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 193.40 140.37 164.20 180.20 204.93

Anhui Deli Household Glass Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 58.35 66.06 68.91 71.22 35.42

Competitive Comparison of Anhui Deli Household Glass Co's Gross Profit

For the Household & Personal Products subindustry, Anhui Deli Household Glass 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.


Anhui Deli Household Glass Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Anhui Deli Household Glass Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Anhui Deli Household Glass Co's Gross Profit falls into.



Anhui Deli Household Glass Co Gross Profit Calculation

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

Anhui Deli Household Glass 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
=1328.746 - 1123.819
=205

Anhui Deli Household Glass Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=515.047 - 479.623
=35

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥242 Mil.

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

Anhui Deli Household Glass Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=35 / 515.047
=6.88 %

* 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.


Anhui Deli Household Glass Co  (SZSE:002571) 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

Anhui Deli Household Glass Co had a gross margin of 6.88% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Anhui Deli Household Glass Co Gross Profit Related Terms

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Anhui Deli Household Glass Co Business Description

Traded in Other Exchanges
N/A
Address
Fengyang County Industrial Park, Anhui, Cangzhou, CHN, 233121
Anhui Deli Household Glass Co Ltd operates in glassware industry. The company is engaged in the manufacture and production of glassware products.
Executives
Peng Yu Xi Executives
Wei Shu Yun Supervisors
Yu Le Directors, Directors, and Executives
Shi Wei Dong Directors, executives
Peng Yi Director
Zhou Wei Zhong Executives
Huang Xiao Zu Supervisors
Yu Zhi Chun Directors, executives
Zhang Da Directors, executives
Zhang Bo Ping Director
Xiao Hu Director

Anhui Deli Household Glass Co Headlines

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