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Shandong Nanshan Fashion Sci-Tech Co (SZSE:300918) Gross Profit : ¥566 Mil (TTM As of Mar. 2024)


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What is Shandong Nanshan Fashion Sci-Tech Co Gross Profit?

Shandong Nanshan Fashion Sci-Tech Co's gross profit for the three months ended in Mar. 2024 was ¥118 Mil. Shandong Nanshan Fashion Sci-Tech Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥566 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shandong Nanshan Fashion Sci-Tech Co's gross profit for the three months ended in Mar. 2024 was ¥118 Mil. Shandong Nanshan Fashion Sci-Tech Co's Revenue for the three months ended in Mar. 2024 was ¥359 Mil. Therefore, Shandong Nanshan Fashion Sci-Tech Co's Gross Margin % for the quarter that ended in Mar. 2024 was 32.83%.

Shandong Nanshan Fashion Sci-Tech Co had a gross margin of 32.83% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Shandong Nanshan Fashion Sci-Tech Co was 34.65%. The lowest was 30.21%. And the median was 32.92%.


Shandong Nanshan Fashion Sci-Tech Co Gross Profit Historical Data

The historical data trend for Shandong Nanshan Fashion Sci-Tech 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.

Shandong Nanshan Fashion Sci-Tech Co Gross Profit Chart

Shandong Nanshan Fashion Sci-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 535.04 417.96 509.85 547.80 554.53

Shandong Nanshan Fashion Sci-Tech Co Quarterly Data
Dec18 Jun19 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 106.73 141.11 139.21 167.48 118.01

Competitive Comparison of Shandong Nanshan Fashion Sci-Tech Co's Gross Profit

For the Textile Manufacturing subindustry, Shandong Nanshan Fashion Sci-Tech 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.


Shandong Nanshan Fashion Sci-Tech Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shandong Nanshan Fashion Sci-Tech Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shandong Nanshan Fashion Sci-Tech Co's Gross Profit falls into.



Shandong Nanshan Fashion Sci-Tech Co Gross Profit Calculation

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

Shandong Nanshan Fashion Sci-Tech 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
=1600.228 - 1045.696
=555

Shandong Nanshan Fashion Sci-Tech 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
=359.45 - 241.436
=118

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 ¥566 Mil.

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

Shandong Nanshan Fashion Sci-Tech 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
=118 / 359.45
=32.83 %

* 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.


Shandong Nanshan Fashion Sci-Tech Co  (SZSE:300918) 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

Shandong Nanshan Fashion Sci-Tech Co had a gross margin of 32.83% for the quarter that ended in Mar. 2024 => Competition eroding margins


Shandong Nanshan Fashion Sci-Tech Co Gross Profit Related Terms

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Shandong Nanshan Fashion Sci-Tech Co (SZSE:300918) Business Description

Traded in Other Exchanges
N/A
Address
Nanshan Industrial Park, Dongjiang Town, Longkou, Shandong Province, Yantai, CHN, 265706
Shandong Nanshan Fashion Sci-Tech Co Ltd is engaged in the research and development, design, production and sales of worsted woolen cloth, formal wear and protective products. The company has a complete wool textile and apparel industry chain, covering a worsted woolen cloth business system integrating fabric research and development, top processing, dyeing, spinning, weaving, and finishing, as well as integrated clothing research and development, design, manufacturing, and brand operation.

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