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Poco Holdings Co (SZSE:300811) Gross Profit : ¥619 Mil (TTM As of Sep. 2024)


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What is Poco Holdings Co Gross Profit?

Poco Holdings Co's gross profit for the three months ended in Sep. 2024 was ¥176 Mil. Poco Holdings Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ¥619 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Poco Holdings Co's gross profit for the three months ended in Sep. 2024 was ¥176 Mil. Poco Holdings Co's Revenue for the three months ended in Sep. 2024 was ¥431 Mil. Therefore, Poco Holdings Co's Gross Margin % for the quarter that ended in Sep. 2024 was 40.93%.

Poco Holdings Co had a gross margin of 40.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Poco Holdings Co was 45.98%. The lowest was 33.85%. And the median was 40.30%.

Warning Sign:

Poco Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Poco Holdings Co Gross Profit Historical Data

The historical data trend for Poco Holdings 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.

Poco Holdings Co Gross Profit Chart

Poco Holdings 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 169.82 193.46 245.70 401.15 458.88

Poco Holdings 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 102.63 120.82 127.03 195.20 176.29

Competitive Comparison of Poco Holdings Co's Gross Profit

For the Electronic Components subindustry, Poco Holdings 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.


Poco Holdings Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Poco Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Poco Holdings Co's Gross Profit falls into.



Poco Holdings Co Gross Profit Calculation

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

Poco Holdings 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
=1158.52 - 699.642
=459

Poco Holdings 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
=430.722 - 254.436
=176

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 ¥619 Mil.

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

Poco Holdings 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
=176 / 430.722
=40.93 %

* 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.


Poco Holdings Co  (SZSE:300811) 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

Poco Holdings Co had a gross margin of 40.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Poco Holdings Co Gross Profit Related Terms

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Poco Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No 28, Langshan Road, 3rd Floor, Building 2, Room 301-306, Northern District of High Technology Industry Park, Nanshan District, Shenzhen, CHN
Poco Holdings Co Ltd is engaged in production and sales of alloy powder. The company manufactures magnetic materials, inductors, chip inductors, coils, magnetic electronic components and related equipment; stainless steel powder, steel alloy powder, iron powder, copper powder, aluminum powder, special metal alloy powder.
Executives
Du Jiang Hua Director
Luo Zhi Min Directors, executives
Ruan Jia Lin Directors, Directors, and Executives
Guo Xiong Zhi Directors, executives
You Xin Executives
Li Zheng Ping Securities Affairs Representative

Poco Holdings Co Headlines

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