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Shenyang Yuanda Intellectual Industry Group Co (SZSE:002689) Gross Profit : ¥273 Mil (TTM As of Sep. 2024)


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What is Shenyang Yuanda Intellectual Industry Group Co Gross Profit?

Shenyang Yuanda Intellectual Industry Group Co's gross profit for the three months ended in Sep. 2024 was ¥68 Mil. Shenyang Yuanda Intellectual Industry Group Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥273 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenyang Yuanda Intellectual Industry Group Co's gross profit for the three months ended in Sep. 2024 was ¥68 Mil. Shenyang Yuanda Intellectual Industry Group Co's Revenue for the three months ended in Sep. 2024 was ¥271 Mil. Therefore, Shenyang Yuanda Intellectual Industry Group Co's Gross Margin % for the quarter that ended in Sep. 2024 was 24.99%.

Shenyang Yuanda Intellectual Industry Group Co had a gross margin of 24.99% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shenyang Yuanda Intellectual Industry Group Co was 35.59%. The lowest was 20.06%. And the median was 28.18%.

Warning Sign:

Shenyang Yuanda Intellectual Industry Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


Shenyang Yuanda Intellectual Industry Group Co Gross Profit Historical Data

The historical data trend for Shenyang Yuanda Intellectual Industry Group 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.

Shenyang Yuanda Intellectual Industry Group Co Gross Profit Chart

Shenyang Yuanda Intellectual Industry Group 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 226.07 241.49 208.96 198.20 305.61

Shenyang Yuanda Intellectual Industry Group 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 105.94 89.66 43.33 72.07 67.75

Competitive Comparison of Shenyang Yuanda Intellectual Industry Group Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Shenyang Yuanda Intellectual Industry Group 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.


Shenyang Yuanda Intellectual Industry Group Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenyang Yuanda Intellectual Industry Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shenyang Yuanda Intellectual Industry Group Co's Gross Profit falls into.



Shenyang Yuanda Intellectual Industry Group Co Gross Profit Calculation

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

Shenyang Yuanda Intellectual Industry Group 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
=1335.75 - 1030.144
=306

Shenyang Yuanda Intellectual Industry Group 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
=271.072 - 203.327
=68

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 ¥273 Mil.

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

Shenyang Yuanda Intellectual Industry Group 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
=68 / 271.072
=24.99 %

* 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.


Shenyang Yuanda Intellectual Industry Group Co  (SZSE:002689) 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

Shenyang Yuanda Intellectual Industry Group Co had a gross margin of 24.99% for the quarter that ended in Sep. 2024 => Competition eroding margins


Shenyang Yuanda Intellectual Industry Group Co Gross Profit Related Terms

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Shenyang Yuanda Intellectual Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.27 Development Road, Shenyang Economic and Technological Development Zone, Liaoning Province, Liaoning, CHN, 110027
Shenyang Yuanda Intellectual Industry Group Co Ltd is a specialized company engaged in the designing, manufacturing, installation, and after-sales service of complete elevator products. The company offers passenger elevator, panoramic elevator, bed elevator, freight elevator, escalator, passenger conveyor, home lift and dumbwaiter lift.
Executives
Kang Bao Hua Director
Hou Lian Jun Directors, executives
Duan Wen Yan Supervisors
Chen Guang Wei Executives
Li Zhen Cai Executives
Ma Xuan Zong Directors, executives
Yu Zhi Gang Executives

Shenyang Yuanda Intellectual Industry Group Co Headlines

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