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Zhuhai Enpower Electric Co (SZSE:300681) Gross Profit : ¥408 Mil (TTM As of Sep. 2024)


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What is Zhuhai Enpower Electric Co Gross Profit?

Zhuhai Enpower Electric Co's gross profit for the three months ended in Sep. 2024 was ¥120 Mil. Zhuhai Enpower Electric Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥408 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zhuhai Enpower Electric Co's gross profit for the three months ended in Sep. 2024 was ¥120 Mil. Zhuhai Enpower Electric Co's Revenue for the three months ended in Sep. 2024 was ¥584 Mil. Therefore, Zhuhai Enpower Electric Co's Gross Margin % for the quarter that ended in Sep. 2024 was 20.50%.

Zhuhai Enpower Electric Co had a gross margin of 20.50% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Zhuhai Enpower Electric Co was 35.78%. The lowest was 11.43%. And the median was 22.35%.

Warning Sign:

Zhuhai Enpower Electric Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Zhuhai Enpower Electric Co Gross Profit Historical Data

The historical data trend for Zhuhai Enpower Electric 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.

Zhuhai Enpower Electric Co Gross Profit Chart

Zhuhai Enpower Electric 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 36.39 82.08 202.13 325.24 334.89

Zhuhai Enpower Electric 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 105.86 144.87 70.62 72.89 119.66

Competitive Comparison of Zhuhai Enpower Electric Co's Gross Profit

For the Auto Parts subindustry, Zhuhai Enpower Electric 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.


Zhuhai Enpower Electric Co's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhuhai Enpower Electric Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zhuhai Enpower Electric Co's Gross Profit falls into.



Zhuhai Enpower Electric Co Gross Profit Calculation

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

Zhuhai Enpower Electric 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
=1963.15 - 1628.258
=335

Zhuhai Enpower Electric 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
=583.752 - 464.096
=120

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 ¥408 Mil.

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

Zhuhai Enpower Electric 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
=120 / 583.752
=20.50 %

* 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.


Zhuhai Enpower Electric Co  (SZSE:300681) 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

Zhuhai Enpower Electric Co had a gross margin of 20.50% for the quarter that ended in Sep. 2024 => Competition eroding margins


Zhuhai Enpower Electric Co Gross Profit Related Terms

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Zhuhai Enpower Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Science and Technology 6 Road, Tangjiawan Town, High-tech Zone, Guangdong Province, Zhuhai, CHN, 519085
Zhuhai Enpower Electric Co Ltd operates in the auto parts industry. The company is specializing in an electric vehicle motor control system technology. Its main business activities consist of development, production and sales of key components for electric vehicles supplemented by onboard chargers, DC-DC converters, and electronic accelerator pedals. The company's products are widely used in new energy source cars, medium and low-speed electric vehicles, venue electric vehicles and other fields.
Executives
Li Hong Yu Directors, executives
Xin Peng Executives
He Wen Tao Directors, executives
Wei Biao Directors, executives
Jiang Gui Bin Director
Ruan Bin Director

Zhuhai Enpower Electric Co Headlines

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