GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zepp Health Corp (NYSE:ZEPP) » Definitions » Gross Profit

Zepp Health (Zepp Health) Gross Profit : $92.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Zepp Health Gross Profit?

Zepp Health's gross profit for the three months ended in Dec. 2023 was $29.2 Mil. Zepp Health's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $92.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zepp Health's gross profit for the three months ended in Dec. 2023 was $29.2 Mil. Zepp Health's Revenue for the three months ended in Dec. 2023 was $84.0 Mil. Therefore, Zepp Health's Gross Margin % for the quarter that ended in Dec. 2023 was 34.74%.

Zepp Health had a gross margin of 34.74% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Zepp Health was 26.36%. The lowest was 12.34%. And the median was 20.89%.

Warning Sign:

Zepp Health Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


Zepp Health Gross Profit Historical Data

The historical data trend for Zepp Health'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.

Zepp Health Gross Profit Chart

Zepp Health Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 209.27 203.79 204.99 115.20 92.12

Zepp Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.82 14.93 19.90 27.96 29.18

Competitive Comparison of Zepp Health's Gross Profit

For the Consumer Electronics subindustry, Zepp Health'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.


Zepp Health's Gross Profit Distribution in the Hardware Industry

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

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



Zepp Health Gross Profit Calculation

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

Zepp Health'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
=349.475 - 257.352
=92.1

Zepp Health's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=83.989 - 54.814
=29.2

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $92.0 Mil.

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

Zepp Health's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=29.2 / 83.989
=34.74 %

* 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.


Zepp Health  (NYSE:ZEPP) 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

Zepp Health had a gross margin of 34.74% for the quarter that ended in Dec. 2023 => Competition eroding margins


Zepp Health Gross Profit Related Terms

Thank you for viewing the detailed overview of Zepp Health's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Zepp Health (Zepp Health) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Wangjiang West Road, Building B2, Zhong’an Chuanggu Technology Park, Hefei, CHN, 230088
Zepp Health Corp is engaged in the business of manufacturing smart health wearable products. The company operates in two segments: Xiaomi Wearable Products and Self-branded products & others. The product portfolio includes smartwatches and fitness bands. The majority is from Self-branded products & other segments.