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Zhejiang EV-Tech Co (SZSE:301607) Gross Profit : ¥438 Mil (TTM As of Mar. 2025)


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What is Zhejiang EV-Tech Co Gross Profit?

Zhejiang EV-Tech Co's gross profit for the three months ended in Mar. 2025 was ¥93 Mil. Zhejiang EV-Tech Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was ¥438 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang EV-Tech Co's gross profit for the three months ended in Mar. 2025 was ¥93 Mil. Zhejiang EV-Tech Co's Revenue for the three months ended in Mar. 2025 was ¥506 Mil. Therefore, Zhejiang EV-Tech Co's Gross Margin % for the quarter that ended in Mar. 2025 was 18.40%.

Zhejiang EV-Tech Co had a gross margin of 18.40% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Zhejiang EV-Tech Co was 23.39%. The lowest was 11.62%. And the median was 20.46%.


Zhejiang EV-Tech Co Gross Profit Historical Data

The historical data trend for Zhejiang EV-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.

Zhejiang EV-Tech Co Gross Profit Chart

Zhejiang EV-Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 50.71 197.07 338.22 429.18 431.00

Zhejiang EV-Tech Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 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 86.10 108.73 117.67 118.50 93.15

Competitive Comparison of Zhejiang EV-Tech Co's Gross Profit

For the Auto Manufacturers subindustry, Zhejiang EV-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.


Zhejiang EV-Tech Co's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang EV-Tech Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zhejiang EV-Tech Co's Gross Profit falls into.


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Zhejiang EV-Tech Co Gross Profit Calculation

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

Zhejiang EV-Tech 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
=1933.843 - 1502.846
=431

Zhejiang EV-Tech Co's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=506.153 - 413.003
=93

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 ¥438 Mil.

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

Zhejiang EV-Tech Co'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
=93 / 506.153
=18.40 %

* 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.


Zhejiang EV-Tech Co  (SZSE:301607) 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

Zhejiang EV-Tech Co had a gross margin of 18.40% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage


Zhejiang EV-Tech Co Gross Profit Related Terms

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Zhejiang EV-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 505, Wenchang Road, Dipu Street, Zhejiang Province, Anji County, Huzhou, CHN, 313300
Zhejiang EV-Tech Co Ltd is a national high-tech enterprise focusing on core components of new energy vehicles, and the main supplier of on-board chargers and on-board DC/DC converters for new energy vehicles. Its production base is located in Anji County, Huzhou City, and its R&D center lies in West Lake District, Hangzhou City.

Zhejiang EV-Tech Co Headlines

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