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Perfect World Co (SZSE:002624) Gross Profit : ¥4,300 Mil (TTM As of Mar. 2024)


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What is Perfect World Co Gross Profit?

Perfect World Co's gross profit for the three months ended in Mar. 2024 was ¥890 Mil. Perfect World Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4,300 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perfect World Co's gross profit for the three months ended in Mar. 2024 was ¥890 Mil. Perfect World Co's Revenue for the three months ended in Mar. 2024 was ¥1,329 Mil. Therefore, Perfect World Co's Gross Margin % for the quarter that ended in Mar. 2024 was 66.94%.

Perfect World Co had a gross margin of 66.94% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Perfect World Co was 68.45%. The lowest was 49.45%. And the median was 60.62%.


Perfect World Co Gross Profit Historical Data

The historical data trend for Perfect World 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.

Perfect World Co Gross Profit Chart

Perfect World 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 4,897.36 6,167.73 5,235.23 5,250.08 4,651.42

Perfect World 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 1,240.56 1,369.79 1,104.06 937.01 889.63

Competitive Comparison of Perfect World Co's Gross Profit

For the Entertainment subindustry, Perfect World 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.


Perfect World Co's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Perfect World Co's Gross Profit distribution charts can be found below:

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



Perfect World Co Gross Profit Calculation

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

Perfect World 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
=7790.717 - 3139.295
=4,651

Perfect World 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
=1329.063 - 439.432
=890

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 ¥4,300 Mil.

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

Perfect World 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
=890 / 1329.063
=66.94 %

* 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.


Perfect World Co  (SZSE:002624) 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

Perfect World Co had a gross margin of 66.94% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Perfect World Co Gross Profit Related Terms

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Perfect World Co (SZSE:002624) Business Description

Traded in Other Exchanges
N/A
Address
No. 117. Longshan Road, Zhongguan Town, Zhejiang Province, Huzhou, CHN
Perfect World Co Ltd is an entertainment company based in China, engaging in the production, distribution and marketing of film and television content, content related advertising and merchandising business, as well as talent management business.

Perfect World Co (SZSE:002624) Headlines

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