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Troy Information Technology Co (SZSE:300366) Gross Profit : ¥206 Mil (TTM As of Mar. 2024)


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What is Troy Information Technology Co Gross Profit?

Troy Information Technology Co's gross profit for the three months ended in Mar. 2024 was ¥12 Mil. Troy Information Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥206 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Troy Information Technology Co's gross profit for the three months ended in Mar. 2024 was ¥12 Mil. Troy Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥95 Mil. Therefore, Troy Information Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 12.18%.

Troy Information Technology Co had a gross margin of 12.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Troy Information Technology Co was 31.73%. The lowest was 14.57%. And the median was 24.61%.

Warning Sign:

Troy Information Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.


Troy Information Technology Co Gross Profit Historical Data

The historical data trend for Troy Information 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.

Troy Information Technology Co Gross Profit Chart

Troy Information 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 458.81 423.99 411.42 383.46 277.17

Troy Information 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 82.68 79.29 53.18 62.02 11.59

Competitive Comparison of Troy Information Technology Co's Gross Profit

For the Software - Infrastructure subindustry, Troy Information 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.


Troy Information Technology Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Troy Information Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Troy Information Technology Co's Gross Profit falls into.



Troy Information Technology Co Gross Profit Calculation

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

Troy Information 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
=1674.944 - 1397.773
=277

Troy Information 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
=95.186 - 83.594
=12

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 ¥206 Mil.

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

Troy Information 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
=12 / 95.186
=12.18 %

* 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.


Troy Information Technology Co  (SZSE:300366) 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

Troy Information Technology Co had a gross margin of 12.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Troy Information Technology Co Gross Profit Related Terms

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Troy Information Technology Co (SZSE:300366) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Xixin Avenue, High-tech Zone, Gaoxin West District, Chengdu, CHN, 611731
Troy Information Technology Co Ltd is a Chinese technical service provider for telecom operators. Its product technologies include big data, Cloud computing, and Wisdom. Its big data products include enterprise-level big data platform, big data business model platform, big data processing platform, and big data capability sharing platform.
Executives
Wang Xiao Wei Director
Li Jing Directors, executives
Du Guang Xiang Directors, executives
Lu Wen Bin Director
He Wen Jiang Directors, executives
Liu Jie Executives
Wang Xiao Ming Director
Wang Yong Supervisors
Lei Li Directors, executives
Zhou Xue Jun Director
Gu Hong Bin Executives

Troy Information Technology Co (SZSE:300366) Headlines

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