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Shenzhen Soling Industrial Co (SZSE:002766) Gross Profit : ¥290 Mil (TTM As of Mar. 2025)


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What is Shenzhen Soling Industrial Co Gross Profit?

Shenzhen Soling Industrial Co's gross profit for the three months ended in Mar. 2025 was ¥54 Mil. Shenzhen Soling Industrial Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥290 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen Soling Industrial Co's gross profit for the three months ended in Mar. 2025 was ¥54 Mil. Shenzhen Soling Industrial Co's Revenue for the three months ended in Mar. 2025 was ¥213 Mil. Therefore, Shenzhen Soling Industrial Co's Gross Margin % for the quarter that ended in Mar. 2025 was 25.23%.

Shenzhen Soling Industrial Co had a gross margin of 25.23% for the quarter that ended in Mar. 2025 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shenzhen Soling Industrial Co was 30.41%. The lowest was 4.07%. And the median was 22.55%.


Shenzhen Soling Industrial Co Gross Profit Historical Data

The historical data trend for Shenzhen Soling Industrial 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.

Shenzhen Soling Industrial Co Gross Profit Chart

Shenzhen Soling Industrial 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 160.97 31.01 186.93 283.71 303.99

Shenzhen Soling Industrial 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 67.86 71.15 89.21 75.77 53.81

Competitive Comparison of Shenzhen Soling Industrial Co's Gross Profit

For the Scientific & Technical Instruments subindustry, Shenzhen Soling Industrial 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.


Shenzhen Soling Industrial Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Soling Industrial Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shenzhen Soling Industrial Co's Gross Profit falls into.


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Shenzhen Soling Industrial Co Gross Profit Calculation

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

Shenzhen Soling Industrial 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
=1397.836 - 1093.851
=304

Shenzhen Soling Industrial 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
=213.299 - 159.491
=54

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 ¥290 Mil.

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

Shenzhen Soling Industrial 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
=54 / 213.299
=25.23 %

* 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.


Shenzhen Soling Industrial Co  (SZSE:002766) 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

Shenzhen Soling Industrial Co had a gross margin of 25.23% for the quarter that ended in Mar. 2025 => Competition eroding margins


Shenzhen Soling Industrial Co Gross Profit Related Terms

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Shenzhen Soling Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Haide 1st Road, 34M02, Building B, Nanshan District, Shenzhen, CHN, 518000
Shenzhen Soling Industrial Co Ltd is engaged in research and development, production, sales of Car Informatic Device (CID) system. The company specializes into Car GPS navigation systems and in-car DVD, CD and MP3 players. The company's products include head units, telematics, high-end car upgrading systems, rear view mirror, DVRs, and ADAS products.
Executives
Xiang Ming Executives
Xiao Xing Yi Directors, executives
Wu Wen Xing Executives
Zhong Gui Rong Secretary Dong
Deng Qing Ming Directors, executives
Tong Fang Yi Supervisors
Tong Fang Yi Supervisors
Deng Xian Hai Supervisors

Shenzhen Soling Industrial Co Headlines

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