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Ledman Optoelectronic Co (SZSE:300162) Gross Profit : ¥293 Mil (TTM As of Sep. 2024)


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What is Ledman Optoelectronic Co Gross Profit?

Ledman Optoelectronic Co's gross profit for the three months ended in Sep. 2024 was ¥68 Mil. Ledman Optoelectronic Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥293 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ledman Optoelectronic Co's gross profit for the three months ended in Sep. 2024 was ¥68 Mil. Ledman Optoelectronic Co's Revenue for the three months ended in Sep. 2024 was ¥288 Mil. Therefore, Ledman Optoelectronic Co's Gross Margin % for the quarter that ended in Sep. 2024 was 23.52%.

Ledman Optoelectronic Co had a gross margin of 23.52% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ledman Optoelectronic Co was 35.00%. The lowest was 21.48%. And the median was 26.48%.


Ledman Optoelectronic Co Gross Profit Historical Data

The historical data trend for Ledman Optoelectronic 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.

Ledman Optoelectronic Co Gross Profit Chart

Ledman Optoelectronic 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 258.05 175.87 311.53 284.49 262.01

Ledman Optoelectronic 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 73.03 58.38 74.04 92.72 67.85

Competitive Comparison of Ledman Optoelectronic Co's Gross Profit

For the Electronic Components subindustry, Ledman Optoelectronic 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.


Ledman Optoelectronic Co's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Ledman Optoelectronic Co's Gross Profit falls into.



Ledman Optoelectronic Co Gross Profit Calculation

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

Ledman Optoelectronic 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
=1113.231 - 851.222
=262

Ledman Optoelectronic 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
=288.456 - 220.611
=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 ¥293 Mil.

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

Ledman Optoelectronic 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 / 288.456
=23.52 %

* 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.


Ledman Optoelectronic Co  (SZSE:300162) 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

Ledman Optoelectronic Co had a gross margin of 23.52% for the quarter that ended in Sep. 2024 => Competition eroding margins


Ledman Optoelectronic Co Gross Profit Related Terms

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Ledman Optoelectronic Co Business Description

Traded in Other Exchanges
N/A
Address
Building 8, Block 2, Songbai Road, Xili Area, Baimang Baiwangxin Industrial Park, Nanshan District, Shenzhen, CHN, 518055
Ledman Optoelectronic Co Ltd is engaged in the LED middle and lower end business. The activities of the company include LED packaging, LED displays, LED lighting, LED media, and LED energy savings. The products of the company include patch white light SMD, fixed and outdoor displays, and COB small pitch display panel.
Executives
Wang Li Shan Director
Li Man Tie Directors, executives
Wang Shou Li Independent director
Luo Bing Directors, Directors, and Executives
Li Yue Zong Director
Wang Shao Fang Directors, executives

Ledman Optoelectronic Co Headlines

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