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Sunny Friend Environmental Technology Co (TPE:8341) Gross Profit : NT$1,472 Mil (TTM As of Sep. 2024)


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What is Sunny Friend Environmental Technology Co Gross Profit?

Sunny Friend Environmental Technology Co's gross profit for the three months ended in Sep. 2024 was NT$439 Mil. Sunny Friend Environmental Technology Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NT$1,472 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sunny Friend Environmental Technology Co's gross profit for the three months ended in Sep. 2024 was NT$439 Mil. Sunny Friend Environmental Technology Co's Revenue for the three months ended in Sep. 2024 was NT$989 Mil. Therefore, Sunny Friend Environmental Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 44.39%.

Sunny Friend Environmental Technology Co had a gross margin of 44.39% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sunny Friend Environmental Technology Co was 63.88%. The lowest was 41.21%. And the median was 57.21%.

Warning Sign:

Sunny Friend Environmental Technology Co gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


Sunny Friend Environmental Technology Co Gross Profit Historical Data

The historical data trend for Sunny Friend Environmental 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.

Sunny Friend Environmental Technology Co Gross Profit Chart

Sunny Friend Environmental 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 1,621.15 1,710.23 1,752.26 1,788.68 1,342.26

Sunny Friend Environmental Technology 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 305.43 362.53 260.94 409.40 438.84

Competitive Comparison of Sunny Friend Environmental Technology Co's Gross Profit

For the Waste Management subindustry, Sunny Friend Environmental 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.


Sunny Friend Environmental Technology Co's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sunny Friend Environmental Technology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sunny Friend Environmental Technology Co's Gross Profit falls into.



Sunny Friend Environmental Technology Co Gross Profit Calculation

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

Sunny Friend Environmental 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
=3256.897 - 1914.637
=1,342

Sunny Friend Environmental Technology 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
=988.603 - 549.76
=439

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 NT$1,472 Mil.

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

Sunny Friend Environmental Technology 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
=439 / 988.603
=44.39 %

* 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.


Sunny Friend Environmental Technology Co  (TPE:8341) 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

Sunny Friend Environmental Technology Co had a gross margin of 44.39% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Sunny Friend Environmental Technology Co Gross Profit Related Terms

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Sunny Friend Environmental Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.1-20, Yuan Dong Road, Yuanchang Township, Yunlin County, TWN, 655
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover innovative solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.

Sunny Friend Environmental Technology Co Headlines

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