China Natural Gas (China Natural Gas) Gross Profit : $47.6 Mil (TTM As of Sep. 2013)

China Natural Gas Gross Profit Chart

China Natural Gas Annual Data
	Trend	Jul03	Jul04	Jul05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Gross Profit		Get a 7-Day Free Trial					32.74	40.16	39.41	48.22	49.54

China Natural Gas Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Gross Profit	Get a 7-Day Free Trial															10.48	13.87	12.93	11.25	9.57

Competitive Comparison of China Natural Gas's Gross Profit

For the Utilities - Regulated Gas subindustry, China Natural Gas'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.

China Natural Gas's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Natural Gas's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Natural Gas's Gross Profit falls into.

China Natural Gas Gross Profit Calculation

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

China Natural Gas's Gross Profit for the fiscal year that ended in Dec. 2012 is calculated as

China Natural Gas's Gross Profit for the quarter that ended in Sep. 2013 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.6 Mil.

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

China Natural Gas's Gross Margin % for the quarter that ended in Sep. 2013 is calculated as

* 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.

China Natural Gas  (OTCPK:CHNGQ) 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

China Natural Gas had a gross margin of 29.86% for the quarter that ended in Sep. 2013 => Competition eroding margins

China Natural Gas Gross Profit Related Terms

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China Natural Gas (China Natural Gas) Business Description