GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Allmed Medical Products Co Ltd (SZSE:002950) » Definitions » Gross Profit

Allmed Medical Products Co (SZSE:002950) Gross Profit : ¥854 Mil (TTM As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Allmed Medical Products Co Gross Profit?

Allmed Medical Products Co's gross profit for the three months ended in Sep. 2024 was ¥230 Mil. Allmed Medical Products Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥854 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Allmed Medical Products Co's gross profit for the three months ended in Sep. 2024 was ¥230 Mil. Allmed Medical Products Co's Revenue for the three months ended in Sep. 2024 was ¥868 Mil. Therefore, Allmed Medical Products Co's Gross Margin % for the quarter that ended in Sep. 2024 was 26.48%.

Allmed Medical Products Co had a gross margin of 26.48% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Allmed Medical Products Co was 41.72%. The lowest was 26.77%. And the median was 33.43%.

Warning Sign:

Allmed Medical Products Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Allmed Medical Products Co Gross Profit Historical Data

The historical data trend for Allmed Medical Products 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.

Allmed Medical Products Co Gross Profit Chart

Allmed Medical Products 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 797.12 1,599.63 881.50 1,416.65 768.65

Allmed Medical Products 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 158.04 167.77 214.85 240.98 229.96

Competitive Comparison of Allmed Medical Products Co's Gross Profit

For the Medical Instruments & Supplies subindustry, Allmed Medical Products 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.


Allmed Medical Products Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Allmed Medical Products Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Allmed Medical Products Co's Gross Profit falls into.



Allmed Medical Products Co Gross Profit Calculation

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

Allmed Medical Products 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
=2756.665 - 1988.02
=769

Allmed Medical Products 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
=868.423 - 638.468
=230

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 ¥854 Mil.

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

Allmed Medical Products 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
=230 / 868.423
=26.48 %

* 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.


Allmed Medical Products Co  (SZSE:002950) 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

Allmed Medical Products Co had a gross margin of 26.48% for the quarter that ended in Sep. 2024 => Competition eroding margins


Allmed Medical Products Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Allmed Medical Products Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Allmed Medical Products Co Business Description

Traded in Other Exchanges
N/A
Address
Taoyuan Road, 19th Floor, Block A,Taurus Plaza, No.8, Danshan District, Shenzhen, CHN
Allmed Medical Products Co Ltd is engaged in Research & Development, manufacturing and distribution of medical dressings and other disposable medical supplies, with a focus on medical and health activities. The company's products are exported to the United States, Canada, Germany, Japan, the Middle East, and other international markets or regions.
Executives
Chen Hao Hua Director
Peng Xi Yun Supervisors
Huang Wen Jian Directors, executives
Cheng Hong Directors, executives

Allmed Medical Products Co Headlines

No Headlines