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Beijing Jingneng Clean Energy Co (HKSE:00579) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Beijing Jingneng Clean Energy Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Jingneng Clean Energy Co's Gross Profit for the three months ended in Dec. 2023 was HK$5,821 Mil. Beijing Jingneng Clean Energy Co's Revenue for the three months ended in Dec. 2023 was HK$5,821 Mil. Therefore, Beijing Jingneng Clean Energy Co's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Beijing Jingneng Clean Energy Co's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of Beijing Jingneng Clean Energy Co was 52.62%. The lowest was 22.82%. And the median was 40.35%.

HKSE:00579's Gross Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 29.14
* Ranked among companies with meaningful Gross Margin % only.

Beijing Jingneng Clean Energy Co had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Beijing Jingneng Clean Energy Co was 6.30% per year.


Beijing Jingneng Clean Energy Co Gross Margin % Historical Data

The historical data trend for Beijing Jingneng Clean Energy Co's Gross Margin % 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.

Beijing Jingneng Clean Energy Co Gross Margin % Chart

Beijing Jingneng Clean Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.40 44.72 48.49 51.34 52.62

Beijing Jingneng Clean Energy Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 - - - - -

Competitive Comparison of Beijing Jingneng Clean Energy Co's Gross Margin %

For the Utilities - Regulated Electric subindustry, Beijing Jingneng Clean Energy Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Beijing Jingneng Clean Energy Co's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Clean Energy Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Jingneng Clean Energy Co's Gross Margin % falls into.



Beijing Jingneng Clean Energy Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Beijing Jingneng Clean Energy Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=11767.9 / 22363.434
=(Revenue - Cost of Goods Sold) / Revenue
=(22363.434 - 10595.523) / 22363.434
=52.62 %

Beijing Jingneng Clean Energy Co'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 )
=5821.4 / 5821.39
=(Revenue - Cost of Goods Sold) / Revenue
=(5821.39 - 0) / 5821.39
=N/A %

* 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.


Beijing Jingneng Clean Energy Co  (HKSE:00579) Gross Margin % 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

Beijing Jingneng Clean Energy Co had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Beijing Jingneng Clean Energy Co Gross Margin % Related Terms

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Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description

Traded in Other Exchanges
Address
No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, CHN, 100028
Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Beijing Energy Holding Co., Ltd 2201 Interest of corporation controlled by you
Beijing Energy Investment Holding (hong Kong) Co., Ltd. 2101 Beneficial owner

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