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Viewtran Group (Viewtran Group) Gross Profit : $36.3 Mil (TTM As of Dec. 2013)


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What is Viewtran Group Gross Profit?

Viewtran Group's gross profit for the three months ended in Dec. 2013 was $7.1 Mil. Viewtran Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2013 was $36.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Viewtran Group's gross profit for the three months ended in Dec. 2013 was $7.1 Mil. Viewtran Group's Revenue for the three months ended in Dec. 2013 was $39.8 Mil. Therefore, Viewtran Group's Gross Margin % for the quarter that ended in Dec. 2013 was 17.82%.

Viewtran Group had a gross margin of 17.82% for the quarter that ended in Dec. 2013 => No sustainable competitive advantage


Viewtran Group Gross Profit Historical Data

The historical data trend for Viewtran Group'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.

Viewtran Group Gross Profit Chart

Viewtran Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.14 55.14 0.62 0.80 20.07

Viewtran Group Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -12.95 12.01 12.17 5.06 7.09

Competitive Comparison of Viewtran Group's Gross Profit

For the Credit Services subindustry, Viewtran Group'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.


Viewtran Group's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Viewtran Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Viewtran Group's Gross Profit falls into.



Viewtran Group Gross Profit Calculation

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

Viewtran Group's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=87.85 - 67.784
=20.1

Viewtran Group's Gross Profit for the quarter that ended in Dec. 2013 is calculated as

Gross Profit (Q: Dec. 2013 )=Revenue - Cost of Goods Sold
=39.779 - 32.692
=7.1

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.3 Mil.

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

Viewtran Group's Gross Margin % for the quarter that ended in Dec. 2013 is calculated as

Gross Margin % (Q: Dec. 2013 )=Gross Profit (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.1 / 39.779
=17.82 %

* 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.


Viewtran Group  (OTCPK:VIEWF) 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

Viewtran Group had a gross margin of 17.82% for the quarter that ended in Dec. 2013 => No sustainable competitive advantage


Viewtran Group Gross Profit Related Terms

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Viewtran Group (Viewtran Group) Business Description

Traded in Other Exchanges
N/A
Address
Room 1501, Tower C, Skyworth Building, High-Tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Viewtran Group Inc provides supply chain financial services and enterprise solutions for the technology industry in China. It has Product Sales and Service Revenue segments. Products sales segment comprises sale of components for digital media, telecommunication system and equipment and industrial applications end-markets. Service revenue segment encompasses provision of technology and engineering services, business process outsourcing, network, system integration and related training and maintenance services. The company mainly operates in China.

Viewtran Group (Viewtran Group) Headlines

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