GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inkon Life Technology Co Ltd (SZSE:300143) » Definitions » Gross Profit

Inkon Life Technology Co (SZSE:300143) Gross Profit : ¥403 Mil (TTM As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Inkon Life Technology Co Gross Profit?

Inkon Life Technology Co's gross profit for the three months ended in Dec. 2024 was ¥82 Mil. Inkon Life Technology Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ¥403 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Inkon Life Technology Co's gross profit for the three months ended in Dec. 2024 was ¥82 Mil. Inkon Life Technology Co's Revenue for the three months ended in Dec. 2024 was ¥332 Mil. Therefore, Inkon Life Technology Co's Gross Margin % for the quarter that ended in Dec. 2024 was 24.77%.

Inkon Life Technology Co had a gross margin of 24.77% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Inkon Life Technology Co was 56.90%. The lowest was 23.94%. And the median was 29.74%.

Warning Sign:

Inkon Life Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.5%.


Inkon Life Technology Co Gross Profit Historical Data

The historical data trend for Inkon Life 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.

Inkon Life Technology Co Gross Profit Chart

Inkon Life Technology 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 282.64 260.87 306.78 415.89 403.28

Inkon Life Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 87.30 111.38 107.02 102.75 82.13

Competitive Comparison of Inkon Life Technology Co's Gross Profit

For the Medical Devices subindustry, Inkon Life 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.


Inkon Life Technology Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

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

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


;
;

Inkon Life Technology Co Gross Profit Calculation

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

Inkon Life 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
=1559.238 - 1155.961
=403

Inkon Life Technology Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=331.529 - 249.402
=82

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥403 Mil.

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

Inkon Life Technology Co's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=82 / 331.529
=24.77 %

* 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.


Inkon Life Technology Co  (SZSE:300143) 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

Inkon Life Technology Co had a gross margin of 24.77% for the quarter that ended in Dec. 2024 => Competition eroding margins


Inkon Life Technology Co Gross Profit Related Terms

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


Inkon Life Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Chunyang Road, Chengyang District, Shandong Province, Qingdao, CHN, 266103
Inkon Life Technology Co Ltd is engaged in the research and development, production and sales of Masipu radiotherapy equipment, Masipu Gamma Knife and other large-scale medical equipment's. Further, it focuses on tumor prevention, diagnosis, treatment and rehabilitation business.
Executives
Shen Xu Dong Director
Peng Wen Directors; Executives
Li Hong Bo Executives
Liu Ze Lin Secretary Dong
Jiang Lan Executives
Ma An Jie Executives
Xu Tao Director
Zhang Cheng Hua Executives
Hu Yuan Yuan Secretary Dong
Huang Qing Hua Director
Liang Feng Supervisors
Xu Xi Jia Executives
Ye Yun Shou Director
Tan Zhen Yu Supervisors
Hou Jian Cun Executives

Inkon Life Technology Co Headlines

No Headlines