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Yusys Technologies Co (SZSE:300674) Gross Profit : ¥1,272 Mil (TTM As of Sep. 2024)


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What is Yusys Technologies Co Gross Profit?

Yusys Technologies Co's gross profit for the three months ended in Sep. 2024 was ¥265 Mil. Yusys Technologies Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,272 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yusys Technologies Co's gross profit for the three months ended in Sep. 2024 was ¥265 Mil. Yusys Technologies Co's Revenue for the three months ended in Sep. 2024 was ¥861 Mil. Therefore, Yusys Technologies Co's Gross Margin % for the quarter that ended in Sep. 2024 was 30.81%.

Yusys Technologies Co had a gross margin of 30.81% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Yusys Technologies Co was 38.19%. The lowest was 25.94%. And the median was 34.13%.

Warning Sign:

Yusys Technologies Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.5%.


Yusys Technologies Co Gross Profit Historical Data

The historical data trend for Yusys Technologies 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.

Yusys Technologies Co Gross Profit Chart

Yusys Technologies 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 928.09 1,048.06 1,272.45 1,157.40 1,349.81

Yusys Technologies 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 288.56 503.90 158.61 344.06 265.27

Competitive Comparison of Yusys Technologies Co's Gross Profit

For the Information Technology Services subindustry, Yusys Technologies 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.


Yusys Technologies Co's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Yusys Technologies Co's Gross Profit falls into.



Yusys Technologies Co Gross Profit Calculation

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

Yusys Technologies 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
=5203.702 - 3853.893
=1,350

Yusys Technologies 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
=860.948 - 595.676
=265

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 ¥1,272 Mil.

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

Yusys Technologies 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
=265 / 860.948
=30.81 %

* 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.


Yusys Technologies Co  (SZSE:300674) 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

Yusys Technologies Co had a gross margin of 30.81% for the quarter that ended in Sep. 2024 => Competition eroding margins


Yusys Technologies Co Gross Profit Related Terms

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Yusys Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
Building A2, Electronic City R&D Center, Courtyard 9, East Jiuxianqiao Road, Chaoyang District, Beijing, CHN
Yusys Technologies Co Ltd is engaged in providing bank-oriented financial institutions with information services, such as consulting, software products, software development and implementation, operation and maintenance, and system integration. The company provides relevant products and services for the non-commercial banks, state-owned commercial banks, joint-stock banks, foreign banks and regional commercial banks and rural credit cooperatives to the People's Bank of China.
Executives
Jiang Xue Supervisors
Jing Jia Bin Executives
Zhang Da Executives

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