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ZAP (ZAAP) Gross Profit : $-1.13 Mil (TTM As of Dec. 2016)


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What is ZAP Gross Profit?

ZAP's gross profit for the three months ended in Dec. 2016 was $-0.09 Mil. ZAP's gross profit for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.13 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ZAP's gross profit for the three months ended in Dec. 2016 was $-0.09 Mil. ZAP's Revenue for the three months ended in Dec. 2016 was $1.14 Mil. Therefore, ZAP's Gross Margin % for the quarter that ended in Dec. 2016 was -7.83%.

ZAP had a gross margin of -7.83% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage


ZAP Gross Profit Historical Data

The historical data trend for ZAP'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.

ZAP Gross Profit Chart

ZAP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 0.95 -3.01 -1.26 -1.13

ZAP Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.29 0.07 -0.72 -0.38 -0.09

Competitive Comparison of ZAP's Gross Profit

For the Recreational Vehicles subindustry, ZAP'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.


ZAP's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZAP's Gross Profit distribution charts can be found below:

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



ZAP Gross Profit Calculation

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

ZAP's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=10.775 - 11.901
=-1.13

ZAP's Gross Profit for the quarter that ended in Dec. 2016 is calculated as

Gross Profit (Q: Dec. 2016 )=Revenue - Cost of Goods Sold
=1.136 - 1.225
=-0.09

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.13 Mil.

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

ZAP's Gross Margin % for the quarter that ended in Dec. 2016 is calculated as

Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.09 / 1.136
=-7.83 %

* 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.


ZAP  (GREY:ZAAP) 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

ZAP had a gross margin of -7.83% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage


ZAP Gross Profit Related Terms

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ZAP (ZAAP) Business Description

Traded in Other Exchanges
N/A
Address
2 West 3rd Street, Santa Rosa, CA, USA, 95401
ZAP Inc designs, develops, manufactures and sells fully electric and advanced technology vehicles. Business activity of the group is operated through Jonway Auto and ZAP (Consumer Product) segments. The Jonway Auto segment represents sales of the gas-fueled Jonway A380 three and five-door sports utility vehicles, EV minivan and EV SUVs and spare parts principally through distributors in China. The ZAP Consumer Product segment represents rechargeable portable energy products, Zapino scooter, and ZAPPY3 personal transporters. The firm derives most of the revenue from the Jonway Auto segment.

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