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DDC Enterprise (DDC Enterprise) Gross Profit : $8.20 Mil (TTM As of Sep. 2023)


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What is DDC Enterprise Gross Profit?

DDC Enterprise's gross profit for the three months ended in Sep. 2023 was $2.84 Mil. DDC Enterprise's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $8.20 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. DDC Enterprise's gross profit for the three months ended in Sep. 2023 was $2.84 Mil. DDC Enterprise's Revenue for the three months ended in Sep. 2023 was $10.65 Mil. Therefore, DDC Enterprise's Gross Margin % for the quarter that ended in Sep. 2023 was 26.69%.

DDC Enterprise had a gross margin of 26.69% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of DDC Enterprise was 27.32%. The lowest was 16.46%. And the median was 17.77%.


DDC Enterprise Gross Profit Historical Data

The historical data trend for DDC Enterprise'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.

DDC Enterprise Gross Profit Chart

DDC Enterprise Annual Data
Trend Dec20 Dec21 Dec22
Gross Profit
4.26 5.72 6.30

DDC Enterprise Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only 2.32 2.04 1.58 1.75 2.84

Competitive Comparison of DDC Enterprise's Gross Profit

For the Packaged Foods subindustry, DDC Enterprise'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.


DDC Enterprise's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DDC Enterprise's Gross Profit distribution charts can be found below:

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



DDC Enterprise Gross Profit Calculation

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

DDC Enterprise's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=25.759 - 19.458
=6.30

DDC Enterprise's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=10.645 - 7.804
=2.84

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.20 Mil.

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

DDC Enterprise's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.84 / 10.645
=26.69 %

* 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.


DDC Enterprise  (AMEX:DDC) 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

DDC Enterprise had a gross margin of 26.69% for the quarter that ended in Sep. 2023 => Competition eroding margins


DDC Enterprise Gross Profit Related Terms

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DDC Enterprise (DDC Enterprise) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
233 Hollywood Road, Room 1601-1602, 16th Floor, Hollywood Centre, Sheung Wan, HKG
DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat , ready-to-cook and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to Millennial and Generation Z customer-base. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.

DDC Enterprise (DDC Enterprise) Headlines