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Sichuan Chuanhuan Technology Co (SZSE:300547) Gross Profit : ¥335 Mil (TTM As of Sep. 2024)


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What is Sichuan Chuanhuan Technology Co Gross Profit?

Sichuan Chuanhuan Technology Co's gross profit for the three months ended in Sep. 2024 was ¥76 Mil. Sichuan Chuanhuan Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥335 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Chuanhuan Technology Co's gross profit for the three months ended in Sep. 2024 was ¥76 Mil. Sichuan Chuanhuan Technology Co's Revenue for the three months ended in Sep. 2024 was ¥297 Mil. Therefore, Sichuan Chuanhuan Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 25.51%.

Sichuan Chuanhuan Technology Co had a gross margin of 25.51% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sichuan Chuanhuan Technology Co was 34.75%. The lowest was 23.46%. And the median was 30.40%.

Warning Sign:

Sichuan Chuanhuan Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5%.


Sichuan Chuanhuan Technology Co Gross Profit Historical Data

The historical data trend for Sichuan Chuanhuan 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.

Sichuan Chuanhuan Technology Co Gross Profit Chart

Sichuan Chuanhuan 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 164.00 186.20 195.74 212.82 286.58

Sichuan Chuanhuan Technology 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 72.85 99.00 75.83 84.82 75.80

Competitive Comparison of Sichuan Chuanhuan Technology Co's Gross Profit

For the Auto Parts subindustry, Sichuan Chuanhuan 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.


Sichuan Chuanhuan Technology Co's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sichuan Chuanhuan Technology Co's Gross Profit distribution charts can be found below:

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



Sichuan Chuanhuan Technology Co Gross Profit Calculation

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

Sichuan Chuanhuan 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
=1109.33 - 822.754
=287

Sichuan Chuanhuan Technology 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
=297.159 - 221.362
=76

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 ¥335 Mil.

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

Sichuan Chuanhuan Technology 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
=76 / 297.159
=25.51 %

* 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.


Sichuan Chuanhuan Technology Co  (SZSE:300547) 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

Sichuan Chuanhuan Technology Co had a gross margin of 25.51% for the quarter that ended in Sep. 2024 => Competition eroding margins


Sichuan Chuanhuan Technology Co Gross Profit Related Terms

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Sichuan Chuanhuan Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Dongliu Industrial Park, Dazhou County, Sichuan Province, Dazhou, CHN
Sichuan Chuanhuan Technology Co Ltd engages in the development, manufacture, and sale of automotive rubber hose products. It specializes in fuel system and cooling system hoses. The company's products include oil tubing, brake pipe tubing, power steering tube, turbocharger piping, body attachment system, automotive air conditioner tube, and nylon tube series. It offers rubber molded products, silicon fluorine rubber hose, and injection molded plastic parts.
Executives
Wen Qi Chao Director
Wang Ji Sheng Director
Zhu Jun Shi Executives
Wang Quan Hui Supervisors
Wen Jian Shu Director
Wen Yong Executives
Tang Xing Jian Executives
Mao Bo Hai Directors, executives
Zou Yong Executives
Zhang Fu Hou Secretary, Director
Jiang Qing Chun Directors, executives
Wen Mo Tong Director

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