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Anhui Anli Material Technology Co (SZSE:300218) Gross Profit : ¥491 Mil (TTM As of Mar. 2024)


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What is Anhui Anli Material Technology Co Gross Profit?

Anhui Anli Material Technology Co's gross profit for the three months ended in Mar. 2024 was ¥149 Mil. Anhui Anli Material Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥491 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Anhui Anli Material Technology Co's gross profit for the three months ended in Mar. 2024 was ¥149 Mil. Anhui Anli Material Technology Co's Revenue for the three months ended in Mar. 2024 was ¥541 Mil. Therefore, Anhui Anli Material Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 27.61%.

Anhui Anli Material Technology Co had a gross margin of 27.61% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Anhui Anli Material Technology Co was 23.33%. The lowest was 15.87%. And the median was 20.40%.


Anhui Anli Material Technology Co Gross Profit Historical Data

The historical data trend for Anhui Anli Material Technology 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.

Anhui Anli Material Technology Co Gross Profit Chart

Anhui Anli Material Technology 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 337.95 298.43 467.88 309.90 417.27

Anhui Anli Material Technology 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 75.08 86.94 123.95 131.30 149.31

Competitive Comparison of Anhui Anli Material Technology Co's Gross Profit

For the Footwear & Accessories subindustry, Anhui Anli Material Technology 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.


Anhui Anli Material Technology Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anhui Anli Material Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Anhui Anli Material Technology Co's Gross Profit falls into.



Anhui Anli Material Technology Co Gross Profit Calculation

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

Anhui Anli Material Technology 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
=2000.272 - 1583.005
=417

Anhui Anli Material Technology 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
=540.862 - 391.552
=149

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 ¥491 Mil.

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

Anhui Anli Material Technology 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
=149 / 540.862
=27.61 %

* 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.


Anhui Anli Material Technology Co  (SZSE:300218) 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

Anhui Anli Material Technology Co had a gross margin of 27.61% for the quarter that ended in Mar. 2024 => Competition eroding margins


Anhui Anli Material Technology Co Gross Profit Related Terms

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Anhui Anli Material Technology Co (SZSE:300218) Business Description

Traded in Other Exchanges
N/A
Address
Taohua Industrial Zone, Economy & Technology Development Area, Anhui, Hefei, CHN, 2300093
Anhui Anli Material Technology Co Ltd is engaged in the research and development of ecological functional polyurethane synthetic leather and polyurethane composite materials. The products of the men and women's shoes, sports and leisure shoes, children's shoes, sofa furniture, handbags and suitcases, architecture decoration, and automobile interior decoration.
Executives
Yang Chu Guang Directors, executives
Huang Wan Li Executives
Hu Dong Wei Executives
Yao He Ping Directors, executives
Liu Song Xia Directors, executives
Xu Hong Securities Affairs Representative
Wang Yi Feng Directors, executives
Chen Mao Xiang Directors, executives
Zhou Si Min Director
Chen Jiong Wen Director
Zhang Jue Executives
Huo Shao Fen Director

Anhui Anli Material Technology Co (SZSE:300218) Headlines

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