GURUFOCUS.COM » STOCK LIST » Technology » Software » Northking Information Technology Co Ltd (SZSE:002987) » Definitions » Gross Profit

Northking Information Technology Co (SZSE:002987) Gross Profit : ¥1,041 Mil (TTM As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Northking Information Technology Co Gross Profit?

Northking Information Technology Co's gross profit for the three months ended in Mar. 2025 was ¥236 Mil. Northking Information Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥1,041 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Northking Information Technology Co's gross profit for the three months ended in Mar. 2025 was ¥236 Mil. Northking Information Technology Co's Revenue for the three months ended in Mar. 2025 was ¥1,157 Mil. Therefore, Northking Information Technology Co's Gross Margin % for the quarter that ended in Mar. 2025 was 20.41%.

Northking Information Technology Co had a gross margin of 20.41% for the quarter that ended in Mar. 2025 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Northking Information Technology Co was 27.95%. The lowest was 19.92%. And the median was 22.50%.

Warning Sign:

Northking Information Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


Northking Information Technology Co Gross Profit Historical Data

The historical data trend for Northking Information Technology 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.

Northking Information Technology Co Gross Profit Chart

Northking Information Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 640.72 720.10 826.53 989.22 1,038.28

Northking Information Technology 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 233.48 250.39 293.18 261.24 236.19

Competitive Comparison of Northking Information Technology Co's Gross Profit

For the Information Technology Services subindustry, Northking Information Technology 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.


Northking Information Technology Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Northking Information Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Northking Information Technology Co's Gross Profit falls into.


;
;

Northking Information Technology Co Gross Profit Calculation

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

Northking Information Technology 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
=4636.17 - 3597.886
=1,038

Northking Information Technology 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
=1157.107 - 920.918
=236

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 ¥1,041 Mil.

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

Northking Information Technology 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
=236 / 1157.107
=20.41 %

* 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.


Northking Information Technology Co  (SZSE:002987) 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

Northking Information Technology Co had a gross margin of 20.41% for the quarter that ended in Mar. 2025 => Competition eroding margins


Northking Information Technology Co Gross Profit Related Terms

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


Northking Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 25 West Third Ring North Road, 7th Floor, Haidian District, Beijing, CHN, 100089
Northking Information Technology Co Ltd is a provider of information technology services and business process outsourcing services to banking-based financial institutions. The company's services include technology development, technology promotion, technology transfer, technology consulting, technical services; computer technology training; computer system services; data processing; computer maintenance; basic software services, application software services; accepting financial information technology outsourcing services entrusted by financial institutions, entrusting financial institutions with financial business process outsourcing services, entrusting financial institutions with financial knowledge process outsourcing services, among others.
Executives
Ding Zhi Peng Director
Zhao Long Hu Directors, executives

Northking Information Technology Co Headlines

No Headlines