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Jiangsu Apon Medical Technology Co (SZSE:300753) Gross Profit : ¥276.3 Mil (TTM As of Dec. 2024)


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What is Jiangsu Apon Medical Technology Co Gross Profit?

Jiangsu Apon Medical Technology Co's gross profit for the three months ended in Dec. 2024 was ¥86.6 Mil. Jiangsu Apon Medical Technology Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ¥276.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jiangsu Apon Medical Technology Co's gross profit for the three months ended in Dec. 2024 was ¥86.6 Mil. Jiangsu Apon Medical Technology Co's Revenue for the three months ended in Dec. 2024 was ¥129.0 Mil. Therefore, Jiangsu Apon Medical Technology Co's Gross Margin % for the quarter that ended in Dec. 2024 was 67.13%.

Jiangsu Apon Medical Technology Co had a gross margin of 67.13% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Jiangsu Apon Medical Technology Co was 76.50%. The lowest was 49.43%. And the median was 69.46%.


Jiangsu Apon Medical Technology Co Gross Profit Historical Data

The historical data trend for Jiangsu Apon Medical 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.

Jiangsu Apon Medical Technology Co Gross Profit Chart

Jiangsu Apon Medical Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.48 294.88 160.05 276.72 276.27

Jiangsu Apon Medical Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 87.42 57.84 64.54 67.26 86.63

Competitive Comparison of Jiangsu Apon Medical Technology Co's Gross Profit

For the Medical Instruments & Supplies subindustry, Jiangsu Apon Medical 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.


Jiangsu Apon Medical Technology Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jiangsu Apon Medical Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jiangsu Apon Medical Technology Co's Gross Profit falls into.


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Jiangsu Apon Medical Technology Co Gross Profit Calculation

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

Jiangsu Apon Medical Technology Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=403.802 - 127.53
=276.3

Jiangsu Apon Medical Technology Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=129.049 - 42.417
=86.6

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥276.3 Mil.

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

Jiangsu Apon Medical Technology Co's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=86.6 / 129.049
=67.13 %

* 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.


Jiangsu Apon Medical Technology Co  (SZSE:300753) 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

Jiangsu Apon Medical Technology Co had a gross margin of 67.13% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Jiangsu Apon Medical Technology Co Gross Profit Related Terms

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Jiangsu Apon Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
East side of Yongtong Avenue, Economic Development Zone, Rudong County, Jiangsu Province, Nantong, CHN, 226400
Jiangsu Apon Medical Technology Co Ltd formerly known as Jiangsu Aipeng Medical Technology Co Ltd is engaged in production, marketing, and integrating the research of surgical appliances. The company's products include open surgical instrument and an endoscopic surgical instrument.
Executives
Ying Hai Feng Executives
Zhu Hong Yi Executives
Mou Fei Secretary Dong
Zhang Zhi Hui Directors, executives
Yuan Dong Qi Executives
Li Qing Executives
Guan Ji Feng Director
Wang Ning Yu Director
Gu Ai Jun Supervisors
Ye Jian Li Director

Jiangsu Apon Medical Technology Co Headlines

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