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Changzhou Xiangming Intelligent Drive System (SZSE:301226) Gross Profit : ¥100.4 Mil (TTM As of Mar. 2025)


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What is Changzhou Xiangming Intelligent Drive System Gross Profit?

Changzhou Xiangming Intelligent Drive System's gross profit for the three months ended in Mar. 2025 was ¥23.1 Mil. Changzhou Xiangming Intelligent Drive System's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥100.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Changzhou Xiangming Intelligent Drive System's gross profit for the three months ended in Mar. 2025 was ¥23.1 Mil. Changzhou Xiangming Intelligent Drive System's Revenue for the three months ended in Mar. 2025 was ¥120.2 Mil. Therefore, Changzhou Xiangming Intelligent Drive System's Gross Margin % for the quarter that ended in Mar. 2025 was 19.19%.

Changzhou Xiangming Intelligent Drive System had a gross margin of 19.19% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Changzhou Xiangming Intelligent Drive System was 24.23%. The lowest was 19.17%. And the median was 21.81%.

Warning Sign:

Changzhou Xiangming Intelligent Drive System Corp gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Changzhou Xiangming Intelligent Drive System Gross Profit Historical Data

The historical data trend for Changzhou Xiangming Intelligent Drive System'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.

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Changzhou Xiangming Intelligent Drive System Gross Profit Chart

Changzhou Xiangming Intelligent Drive System 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 125.21 140.99 133.85 113.59 97.64

Changzhou Xiangming Intelligent Drive System Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.35 23.82 27.11 26.37 23.06

Competitive Comparison of Changzhou Xiangming Intelligent Drive System's Gross Profit

For the Electronic Components subindustry, Changzhou Xiangming Intelligent Drive System'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.


Changzhou Xiangming Intelligent Drive System's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Xiangming Intelligent Drive System's Gross Profit distribution charts can be found below:

* The bar in red indicates where Changzhou Xiangming Intelligent Drive System's Gross Profit falls into.


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Changzhou Xiangming Intelligent Drive System Gross Profit Calculation

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

Changzhou Xiangming Intelligent Drive System'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
=509.339 - 411.695
=97.6

Changzhou Xiangming Intelligent Drive System's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=120.174 - 97.117
=23.1

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥100.4 Mil.

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

Changzhou Xiangming Intelligent Drive System's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as

Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=23.1 / 120.174
=19.19 %

* 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.


Changzhou Xiangming Intelligent Drive System  (SZSE:301226) 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

Changzhou Xiangming Intelligent Drive System had a gross margin of 19.19% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Changzhou Xiangming Intelligent Drive System Gross Profit Related Terms

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Changzhou Xiangming Intelligent Drive System Business Description

Traded in Other Exchanges
N/A
Address
No. 518, Zhongwu Avenue, Jiangsu Province, Changzhou, CHN, 213011
Changzhou Xiangming Intelligent Drive System Corp is engaged in the Research and development, production and sales of micro motors, fans and intelligent components.

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