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JD Health International (FRA:8ZN) Gross Profit : €1,527 Mil (TTM As of Dec. 2023)


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What is JD Health International Gross Profit?

JD Health International's gross profit for the six months ended in Dec. 2023 was €727 Mil. JD Health International's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €1,527 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JD Health International's gross profit for the six months ended in Dec. 2023 was €727 Mil. JD Health International's Revenue for the six months ended in Dec. 2023 was €3,393 Mil. Therefore, JD Health International's Gross Margin % for the quarter that ended in Dec. 2023 was 21.43%.

JD Health International had a gross margin of 21.43% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of JD Health International was 25.94%. The lowest was 21.16%. And the median was 24.23%.

Warning Sign:

JD Health International Inc gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


JD Health International Gross Profit Historical Data

The historical data trend for JD Health International'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.

JD Health International Gross Profit Chart

JD Health International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 360.87 618.11 1,000.05 1,339.36 1,523.84

JD Health International Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 540.48 623.76 741.60 799.48 727.20

Competitive Comparison of JD Health International's Gross Profit

For the Medical Care Facilities subindustry, JD Health International'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.


JD Health International's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, JD Health International's Gross Profit distribution charts can be found below:

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



JD Health International Gross Profit Calculation

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

JD Health International'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
=6874.731 - 5350.892
=1,524

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3393.011 - 2665.81
=727

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,527 Mil.

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

JD Health International'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
=727 / 3393.011
=21.43 %

* 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.


JD Health International  (FRA:8ZN) 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

JD Health International had a gross margin of 21.43% for the quarter that ended in Dec. 2023 => Competition eroding margins


JD Health International Gross Profit Related Terms

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JD Health International (FRA:8ZN) Business Description

Traded in Other Exchanges
Address
No. 20 Kechuang 11 Street, Block C, Building 2, Jingdong Headquarters, Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD Health is the largest healthcare e-commerce platform in China in terms of revenue. The company offers pharmaceutical drugs and healthcare products on its platform, both as a marketplace that connects merchants to consumers and as a first-party, or 1P, direct retailer. It also offers online consultation from real life doctors and separately partners with offline pharmacies that can provide location-based 24/7 delivery as part of an omnichannel initiative to complement its core e-commerce business. Its closest competitors are Alibaba Health, Ping An Good Doctor, and Meituan for its e-commerce business. As of Dec. 31, 2022, the platform has 154.3 million active annual users and over 70,000 merchants. JD Health is 67.49% owned by its parent company, JD.com.

JD Health International (FRA:8ZN) Headlines

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