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Sino Geophysical Co (SZSE:300191) Gross Profit : ¥166.3 Mil (TTM As of Sep. 2024)


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What is Sino Geophysical Co Gross Profit?

Sino Geophysical Co's gross profit for the three months ended in Sep. 2024 was ¥36.1 Mil. Sino Geophysical Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥166.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sino Geophysical Co's gross profit for the three months ended in Sep. 2024 was ¥36.1 Mil. Sino Geophysical Co's Revenue for the three months ended in Sep. 2024 was ¥119.9 Mil. Therefore, Sino Geophysical Co's Gross Margin % for the quarter that ended in Sep. 2024 was 30.14%.

Sino Geophysical Co had a gross margin of 30.14% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sino Geophysical Co was 66.31%. The lowest was 24.13%. And the median was 40.06%.

Warning Sign:

Sino Geophysical Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


Sino Geophysical Co Gross Profit Historical Data

The historical data trend for Sino Geophysical 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.

Sino Geophysical Co Gross Profit Chart

Sino Geophysical 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 115.73 149.08 179.44 251.28 170.54

Sino Geophysical 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 42.44 51.38 35.91 42.85 36.14

Competitive Comparison of Sino Geophysical Co's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Sino Geophysical 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.


Sino Geophysical Co's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sino Geophysical Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sino Geophysical Co's Gross Profit falls into.



Sino Geophysical Co Gross Profit Calculation

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

Sino Geophysical 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
=480.561 - 310.026
=170.5

Sino Geophysical 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
=119.89 - 83.753
=36.1

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 ¥166.3 Mil.

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

Sino Geophysical 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
=36.1 / 119.89
=30.14 %

* 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.


Sino Geophysical Co  (SZSE:300191) 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

Sino Geophysical Co had a gross margin of 30.14% for the quarter that ended in Sep. 2024 => Competition eroding margins


Sino Geophysical Co Gross Profit Related Terms

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Sino Geophysical Co Business Description

Traded in Other Exchanges
N/A
Address
16th Floor Building B, Kinglong Intemational, No 9 Fulin Road, Chaoyang District, Beijing, CHN, 100107
Sino Geophysical Co Ltd is a petroleum exploration and development company with integrated exploration and development technology services and oil and gas exploration and development investment. Its businesses include seismic data processing, seismic data interpretation, geological analysis, and well placement.
Executives
Zhou Jin Ming Directors, executives
Yu Zhang Hua Supervisors
Yu Jin Xing Director
Wu Jie Supervisors
Han Hong Xia Supervisors
Lin Zheng Xie Directors, executives
Ke Tai Long Director

Sino Geophysical Co Headlines

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