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Beijing Jiaoda Signal Technology Co (SZSE:300851) Gross Profit : ¥268.7 Mil (TTM As of Mar. 2024)


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What is Beijing Jiaoda Signal Technology Co Gross Profit?

Beijing Jiaoda Signal Technology Co's gross profit for the three months ended in Mar. 2024 was ¥45.7 Mil. Beijing Jiaoda Signal Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥268.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Jiaoda Signal Technology Co's gross profit for the three months ended in Mar. 2024 was ¥45.7 Mil. Beijing Jiaoda Signal Technology Co's Revenue for the three months ended in Mar. 2024 was ¥58.2 Mil. Therefore, Beijing Jiaoda Signal Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 78.59%.

Beijing Jiaoda Signal Technology Co had a gross margin of 78.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Beijing Jiaoda Signal Technology Co was 78.50%. The lowest was 69.33%. And the median was 74.14%.

Warning Sign:

Beijing Jiaoda Signal Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Beijing Jiaoda Signal Technology Co Gross Profit Historical Data

The historical data trend for Beijing Jiaoda Signal 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.

Beijing Jiaoda Signal Technology Co Gross Profit Chart

Beijing Jiaoda Signal Technology 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 256.92 263.00 256.59 203.03 251.70

Beijing Jiaoda Signal Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.69 39.60 85.72 97.70 45.72

Competitive Comparison of Beijing Jiaoda Signal Technology Co's Gross Profit

For the Railroads subindustry, Beijing Jiaoda Signal 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.


Beijing Jiaoda Signal Technology Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Jiaoda Signal Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beijing Jiaoda Signal Technology Co's Gross Profit falls into.



Beijing Jiaoda Signal Technology Co Gross Profit Calculation

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

Beijing Jiaoda Signal Technology 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
=359.724 - 108.024
=251.7

Beijing Jiaoda Signal Technology Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=58.169 - 12.453
=45.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥268.7 Mil.

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

Beijing Jiaoda Signal Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=45.7 / 58.169
=78.59 %

* 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.


Beijing Jiaoda Signal Technology Co  (SZSE:300851) 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

Beijing Jiaoda Signal Technology Co had a gross margin of 78.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Beijing Jiaoda Signal Technology Co Gross Profit Related Terms

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Beijing Jiaoda Signal Technology Co (SZSE:300851) Business Description

Traded in Other Exchanges
N/A
Address
Liye Road, 101, 1st Floor, Building 2, Courtyard 3, Huilongguan Town, Changping District, Beijing, CHN, 100081
Beijing Jiaoda Signal Technology Co Ltd is engaged in design, production, sales and technical support of key equipment for rail transit train operation control system. The company's products include Balise, Cab signal, and other products such as telegram encoding.

Beijing Jiaoda Signal Technology Co (SZSE:300851) Headlines

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