WXT (Wuxin Technology Holdings) Gross Profit: $17.98 Mil (TTM As of Dec. 2021)

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What is Wuxin Technology Holdings Gross Profit?

Wuxin Technology Holdings WXT Gross Profit is $17.98 Mil as of Dec. 2021.

Wuxin Technology Holdings's gross profit for the three months ended in Dec. 2021 was $11.32 Mil. Wuxin Technology Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2021 was $17.98 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wuxin Technology Holdings's gross profit for the three months ended in Dec. 2021 was $11.32 Mil. Wuxin Technology Holdings's Revenue for the three months ended in Dec. 2021 was $25.86 Mil. Therefore, Wuxin Technology Holdings's Gross Margin % for the quarter that ended in Dec. 2021 was 43.77%.

Wuxin Technology Holdings had a gross margin of 43.77% for the quarter that ended in Dec. 2021 => Durable competitive advantage


Wuxin Technology Holdings  (NAS:WXT) 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

Wuxin Technology Holdings had a gross margin of 43.77% for the quarter that ended in Dec. 2021 => Durable competitive advantage


Wuxin Technology Holdings Gross Profit Related Terms


Wuxin Technology Holdings Gross Profit Historical Data

* Premium members only.

The historical data trend for Wuxin Technology Holdings'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.

Wuxin Technology Holdings Gross Profit Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
Gross Profit
9.86 15.03

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
Gross Profit 0.00 8.36 6.66 11.32

WXT vs : Gross Profit Comparison

For the Communication Equipment subindustry, Wuxin Technology Holdings'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.


Wuxin Technology Holdings Gross Profit vs Hardware Industry

For the Hardware industry and Technology sector, Wuxin Technology Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Wuxin Technology Holdings's Gross Profit falls into.



Wuxin Technology Holdings Gross Profit Calculation

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

Wuxin Technology Holdings's Gross Profit for the fiscal year that ended in Jun. 2021 is calculated as

Gross Profit (A: Jun. 2021 )=Revenue - Cost of Goods Sold
=46.977 - 31.952
=15.03

Wuxin Technology Holdings's Gross Profit for the quarter that ended in Dec. 2021 is calculated as

Gross Profit (Q: Dec. 2021 )=Revenue - Cost of Goods Sold
=25.858 - 14.54
=11.32

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.98 Mil.

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

Wuxin Technology Holdings's Gross Margin % for the quarter that ended in Dec. 2021 is calculated as

Gross Margin % (Q: Dec. 2021 )=Gross Profit (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.32 / 25.858
=43.77 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $17.98 Mil mean?
Wuxin Technology Holdings (WXT) has a Gross Profit of $17.98 Mil as of Dec. 2021. Gross Profit equals net sales less total cost of goods sold. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' Gross Profit too high?
Wuxin Technology Holdings' current Gross Profit is $17.98 Mil.
How does Wuxin Technology Holdings' Gross Profit compare to ?
Wuxin Technology Holdings' Gross Profit of $17.98 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Hardware company?
A good Gross Profit depends on the Hardware industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Wuxin Technology Holdings and its competitors. Wuxin Technology Holdings's current Gross Profit is $17.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current Gross Profit of $17.98 Mil. The current Gross Profit is $17.98 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Wuxin Technology Holdings (WXT), the current Gross Profit is $17.98 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wuxin Technology Holdings Business Description

Comparable Companies
Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.