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Hunan Creator Information Technologies Co (SZSE:300730) Gross Profit : ¥47.9 Mil (TTM As of Sep. 2024)


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What is Hunan Creator Information Technologies Co Gross Profit?

Hunan Creator Information Technologies Co's gross profit for the three months ended in Sep. 2024 was ¥7.5 Mil. Hunan Creator Information Technologies Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥47.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hunan Creator Information Technologies Co's gross profit for the three months ended in Sep. 2024 was ¥7.5 Mil. Hunan Creator Information Technologies Co's Revenue for the three months ended in Sep. 2024 was ¥32.6 Mil. Therefore, Hunan Creator Information Technologies Co's Gross Margin % for the quarter that ended in Sep. 2024 was 22.92%.

Hunan Creator Information Technologies Co had a gross margin of 22.92% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Hunan Creator Information Technologies Co was 43.93%. The lowest was 18.68%. And the median was 35.06%.

Warning Sign:

Hunan Creator Information Technologies Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


Hunan Creator Information Technologies Co Gross Profit Historical Data

The historical data trend for Hunan Creator Information 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.

Hunan Creator Information Technologies Co Gross Profit Chart

Hunan Creator Information 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 128.93 141.51 150.98 162.16 53.88

Hunan Creator Information 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 13.34 16.33 16.58 7.56 7.47

Competitive Comparison of Hunan Creator Information Technologies Co's Gross Profit

For the Information Technology Services subindustry, Hunan Creator Information 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.


Hunan Creator Information Technologies Co's Gross Profit Distribution in the Software Industry

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

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



Hunan Creator Information Technologies Co Gross Profit Calculation

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

Hunan Creator Information 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
=233.987 - 180.107
=53.9

Hunan Creator Information 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
=32.59 - 25.121
=7.5

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 ¥47.9 Mil.

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

Hunan Creator Information 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
=7.5 / 32.59
=22.92 %

* 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.


Hunan Creator Information Technologies Co  (SZSE:300730) 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

Hunan Creator Information Technologies Co had a gross margin of 22.92% for the quarter that ended in Sep. 2024 => Competition eroding margins


Hunan Creator Information Technologies Co Gross Profit Related Terms

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Hunan Creator Information Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 678, Castle Peak Road, Kechuang Software Park, Yuelu District, Changsha, CHN, 410205
Hunan Creator Information Technologies Co Ltd is a China-based Information technology company. The company provides information service in the field of smart government and smart enterprise. It offers software development and system integration services for government and enterprise customers, IT operation and maintenance related integrated information solutions.
Executives
Xie Shi Wei Supervisors
Fei Yao Ping Director
Liu Xing Sha Supervisors
Li Jie Directors, executives
Li Jian Hua Directors, executives
Chen Shang Hui Supervisors
Jin Zhuo Jun Directors, executives
Liu Ying Long Directors, executives
Dai Zhi Yang Supervisors

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