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Xuzhou Handler Special Vehicle Co (SZSE:300201) Gross Profit : ¥430 Mil (TTM As of Mar. 2024)


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What is Xuzhou Handler Special Vehicle Co Gross Profit?

Xuzhou Handler Special Vehicle Co's gross profit for the three months ended in Mar. 2024 was ¥67 Mil. Xuzhou Handler Special Vehicle Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥430 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xuzhou Handler Special Vehicle Co's gross profit for the three months ended in Mar. 2024 was ¥67 Mil. Xuzhou Handler Special Vehicle Co's Revenue for the three months ended in Mar. 2024 was ¥223 Mil. Therefore, Xuzhou Handler Special Vehicle Co's Gross Margin % for the quarter that ended in Mar. 2024 was 30.03%.

Xuzhou Handler Special Vehicle Co had a gross margin of 30.03% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Xuzhou Handler Special Vehicle Co was 32.58%. The lowest was 23.81%. And the median was 28.22%.


Xuzhou Handler Special Vehicle Co Gross Profit Historical Data

The historical data trend for Xuzhou Handler Special Vehicle 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.

Xuzhou Handler Special Vehicle Co Gross Profit Chart

Xuzhou Handler Special Vehicle 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 411.78 490.75 478.83 330.02 440.55

Xuzhou Handler Special Vehicle Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 77.22 96.30 138.71 128.33 67.04

Competitive Comparison of Xuzhou Handler Special Vehicle Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Xuzhou Handler Special Vehicle 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.


Xuzhou Handler Special Vehicle Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xuzhou Handler Special Vehicle Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Xuzhou Handler Special Vehicle Co's Gross Profit falls into.



Xuzhou Handler Special Vehicle Co Gross Profit Calculation

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

Xuzhou Handler Special Vehicle 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
=1352.191 - 911.637
=441

Xuzhou Handler Special Vehicle Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=223.259 - 156.223
=67

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥430 Mil.

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

Xuzhou Handler Special Vehicle Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=67 / 223.259
=30.03 %

* 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.


Xuzhou Handler Special Vehicle Co  (SZSE:300201) 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

Xuzhou Handler Special Vehicle Co had a gross margin of 30.03% for the quarter that ended in Mar. 2024 => Competition eroding margins


Xuzhou Handler Special Vehicle Co Gross Profit Related Terms

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Xuzhou Handler Special Vehicle Co (SZSE:300201) Business Description

Traded in Other Exchanges
N/A
Address
19 Luoshan Road, Economic Development Zone, Xuzhou, CHN, 221004
Xuzhou Handler Special Vehicle Co Ltd is engaged in the research and development, production and sales of vehicle-mounted mobile elevating work platforms and electric power supporting vehicles in China. Its product includes vehicle-mounted mobile elevating work platform; electric power supporting vehicles; fire trucks; fire robots; LED intelligent power products; robot integrated applications; and robot education, as well as customization products.

Xuzhou Handler Special Vehicle Co (SZSE:300201) Headlines

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