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Jianpu Technology (Jianpu Technology) Gross Profit : $39.6 Mil (TTM As of Dec. 2023)


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What is Jianpu Technology Gross Profit?

Jianpu Technology's gross profit for the three months ended in Dec. 2023 was $10.1 Mil. Jianpu Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $39.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jianpu Technology's gross profit for the three months ended in Dec. 2023 was $10.1 Mil. Jianpu Technology's Revenue for the three months ended in Dec. 2023 was $33.5 Mil. Therefore, Jianpu Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 30.07%.

Jianpu Technology had a gross margin of 30.07% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Jianpu Technology was 90.05%. The lowest was 18.72%. And the median was 26.21%.

Warning Sign:

Jianpu Technology Inc gross margin has been in long-term decline. The average rate of decline per year is -16.4%.


Jianpu Technology Gross Profit Historical Data

The historical data trend for Jianpu Technology'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.

Jianpu Technology Gross Profit Chart

Jianpu Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 44.20 17.16 23.66 29.93 39.25

Jianpu Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 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 6.98 8.77 10.70 10.05 10.06

Competitive Comparison of Jianpu Technology's Gross Profit

For the Credit Services subindustry, Jianpu Technology'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.


Jianpu Technology's Gross Profit Distribution in the Credit Services Industry

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

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



Jianpu Technology Gross Profit Calculation

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

Jianpu Technology'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
=149.774 - 110.521
=39.3

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=33.459 - 23.397
=10.1

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 $39.6 Mil.

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

Jianpu Technology'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
=10.1 / 33.459
=30.07 %

* 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.


Jianpu Technology  (OTCPK:AIJTY) 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

Jianpu Technology had a gross margin of 30.07% for the quarter that ended in Dec. 2023 => Competition eroding margins


Jianpu Technology Gross Profit Related Terms

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Jianpu Technology (Jianpu Technology) Business Description

Traded in Other Exchanges
N/A
Address
19 South Haidian Road, 5F Times Cyber Building, Haidian District, Beijing, CHN, 100086
Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.