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Suzhou Electrical Apparatus Science Academy Co (SZSE:300215) Gross Profit : ¥217.8 Mil (TTM As of Mar. 2024)


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What is Suzhou Electrical Apparatus Science Academy Co Gross Profit?

Suzhou Electrical Apparatus Science Academy Co's gross profit for the three months ended in Mar. 2024 was ¥48.3 Mil. Suzhou Electrical Apparatus Science Academy Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥217.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Suzhou Electrical Apparatus Science Academy Co's gross profit for the three months ended in Mar. 2024 was ¥48.3 Mil. Suzhou Electrical Apparatus Science Academy Co's Revenue for the three months ended in Mar. 2024 was ¥144.9 Mil. Therefore, Suzhou Electrical Apparatus Science Academy Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.34%.

Suzhou Electrical Apparatus Science Academy Co had a gross margin of 33.34% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Suzhou Electrical Apparatus Science Academy Co was 51.89%. The lowest was 32.24%. And the median was 49.20%.

Warning Sign:

Suzhou Electrical Apparatus Science Academy Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.9%.


Suzhou Electrical Apparatus Science Academy Co Gross Profit Historical Data

The historical data trend for Suzhou Electrical Apparatus Science Academy 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.

Suzhou Electrical Apparatus Science Academy Co Gross Profit Chart

Suzhou Electrical Apparatus Science Academy 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 405.93 303.25 422.27 245.08 200.21

Suzhou Electrical Apparatus Science Academy 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 30.67 47.45 46.42 75.67 48.29

Competitive Comparison of Suzhou Electrical Apparatus Science Academy Co's Gross Profit

For the Specialty Business Services subindustry, Suzhou Electrical Apparatus Science Academy 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.


Suzhou Electrical Apparatus Science Academy Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Suzhou Electrical Apparatus Science Academy Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Suzhou Electrical Apparatus Science Academy Co's Gross Profit falls into.



Suzhou Electrical Apparatus Science Academy Co Gross Profit Calculation

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

Suzhou Electrical Apparatus Science Academy 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
=621.029 - 420.823
=200.2

Suzhou Electrical Apparatus Science Academy 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
=144.856 - 96.568
=48.3

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 ¥217.8 Mil.

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

Suzhou Electrical Apparatus Science Academy 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
=48.3 / 144.856
=33.34 %

* 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.


Suzhou Electrical Apparatus Science Academy Co  (SZSE:300215) 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

Suzhou Electrical Apparatus Science Academy Co had a gross margin of 33.34% for the quarter that ended in Mar. 2024 => Competition eroding margins


Suzhou Electrical Apparatus Science Academy Co Gross Profit Related Terms

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Suzhou Electrical Apparatus Science Academy Co (SZSE:300215) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Yonghe Street, Binhe Road,New Zone, Suzhou, CHN, 215011
Suzhou Electrical Apparatus Science Academy Co Ltd is mainly engaged in testing, researching, training of manpower, getting standard information and developing checkout equipment about power generation assembly, electric transmission and transformation equipment, high voltage electrical apparatus, high voltage switchgear assemblies, low voltage electrical apparatus, low voltage switchgear assemblies, machine tool electric appliance, marine electrical apparatus, nuclear power electrical apparatus, automobile electrical and electronic, wind power generation equipment, solar power photovoltaic system, energy saving products, RoHS, EMC, anti-seismic and so on.
Executives
Jiang Wen Bo Director
Hu De Lin Directors, executives
Li Wei Ping Supervisors
Chen Wei Director

Suzhou Electrical Apparatus Science Academy Co (SZSE:300215) Headlines

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