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Changzhou Tiansheng New Materials Group Co (SZSE:300169) Gross Profit : ¥107.3 Mil (TTM As of Mar. 2025)


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What is Changzhou Tiansheng New Materials Group Co Gross Profit?

Changzhou Tiansheng New Materials Group Co's gross profit for the three months ended in Mar. 2025 was ¥21.9 Mil. Changzhou Tiansheng New Materials Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥107.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Changzhou Tiansheng New Materials Group Co's gross profit for the three months ended in Mar. 2025 was ¥21.9 Mil. Changzhou Tiansheng New Materials Group Co's Revenue for the three months ended in Mar. 2025 was ¥104.9 Mil. Therefore, Changzhou Tiansheng New Materials Group Co's Gross Margin % for the quarter that ended in Mar. 2025 was 20.87%.

Changzhou Tiansheng New Materials Group Co had a gross margin of 20.87% for the quarter that ended in Mar. 2025 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Changzhou Tiansheng New Materials Group Co was 29.04%. The lowest was 14.19%. And the median was 22.70%.

Warning Sign:

Changzhou Tiansheng New Materials Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3%.


Changzhou Tiansheng New Materials Group Co Gross Profit Historical Data

The historical data trend for Changzhou Tiansheng New Materials Group 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.

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Changzhou Tiansheng New Materials Group Co Gross Profit Chart

Changzhou Tiansheng New Materials Group 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 164.43 135.26 82.98 94.70 114.59

Changzhou Tiansheng New Materials Group 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 29.20 32.30 30.49 22.60 21.89

Competitive Comparison of Changzhou Tiansheng New Materials Group Co's Gross Profit

For the Chemicals subindustry, Changzhou Tiansheng New Materials Group 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.


Changzhou Tiansheng New Materials Group Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Changzhou Tiansheng New Materials Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Changzhou Tiansheng New Materials Group Co's Gross Profit falls into.


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Changzhou Tiansheng New Materials Group Co Gross Profit Calculation

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

Changzhou Tiansheng New Materials Group 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
=531.199 - 416.614
=114.6

Changzhou Tiansheng New Materials Group 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
=104.851 - 82.964
=21.9

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 ¥107.3 Mil.

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

Changzhou Tiansheng New Materials Group 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
=21.9 / 104.851
=20.87 %

* 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.


Changzhou Tiansheng New Materials Group Co  (SZSE:300169) 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

Changzhou Tiansheng New Materials Group Co had a gross margin of 20.87% for the quarter that ended in Mar. 2025 => Competition eroding margins


Changzhou Tiansheng New Materials Group Co Gross Profit Related Terms

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Changzhou Tiansheng New Materials Group Co Business Description

Traded in Other Exchanges
N/A
Address
508 Longjin Road, Jiangsu, Changzhou City, CHN, 213028
Changzhou Tiansheng New Materials Group Co Ltd formerly Changzhou Tiansheng New Materials Co Ltd is engaged in the research and development, production, and sales of polymer foam materials. The company focuses on the field of flexible foams, structural foams, and post processing of these materials.
Executives
Xu Yi Directors, executives
Sun Jian Directors, executives
Lv Ze Wei Director
Wang Jian Executives
Qian Bin Executives
Song Yue Directors, executives
Wu Hai Zhou Directors, executives

Changzhou Tiansheng New Materials Group Co Headlines

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