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China Yangtze Power Co (FRA:CYZB) Gross Profit : €5,787 Mil (TTM As of Mar. 2024)


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What is China Yangtze Power Co Gross Profit?

China Yangtze Power Co's gross profit for the three months ended in Mar. 2024 was €962 Mil. China Yangtze Power Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €5,787 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Yangtze Power Co's gross profit for the three months ended in Mar. 2024 was €962 Mil. China Yangtze Power Co's Revenue for the three months ended in Mar. 2024 was €1,998 Mil. Therefore, China Yangtze Power Co's Gross Margin % for the quarter that ended in Mar. 2024 was 48.14%.

China Yangtze Power Co had a gross margin of 48.14% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of China Yangtze Power Co was 63.40%. The lowest was 57.13%. And the median was 61.94%.

Warning Sign:

China Yangtze Power Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


China Yangtze Power Co Gross Profit Historical Data

The historical data trend for China Yangtze Power Co'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.

China Yangtze Power Co Gross Profit Chart

China Yangtze Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,000.62 4,604.94 4,798.31 5,326.67 5,800.96

China Yangtze Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,032.94 1,011.12 2,314.58 1,499.49 961.87

Competitive Comparison of China Yangtze Power Co's Gross Profit

For the Utilities - Independent Power Producers subindustry, China Yangtze Power Co'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 Yangtze Power Co's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Yangtze Power Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Yangtze Power Co's Gross Profit falls into.



China Yangtze Power Co Gross Profit Calculation

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

China Yangtze Power Co'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
=10031.696 - 4230.739
=5,801

China Yangtze Power Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1998.143 - 1036.278
=962

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,787 Mil.

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

China Yangtze Power Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=962 / 1998.143
=48.14 %

* 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 Yangtze Power Co  (FRA:CYZB) 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 Yangtze Power Co had a gross margin of 48.14% for the quarter that ended in Mar. 2024 => Durable competitive advantage


China Yangtze Power Co Gross Profit Related Terms

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China Yangtze Power Co (FRA:CYZB) Business Description

Traded in Other Exchanges
Address
No. 19, Financial Street, Tower B, Focus Place, Xicheng District, Beijing, CHN, 100033
China Yangtze Power Co Ltd business activities include hydroelectric power generation, power distribution and sales, overseas power station's operation, management, consultation services, investment, and financing. It has expanded its business to countries such as Germany, Peru, Brazil, and Malaysia. It has also established its power distribution and sales platforms such as Three Gorges Water Conservancy and Peru LuzdelSur. The company owns the power generation assets of four hydropower plants on the mainstream of the Yangtze River, namely Three Gorges, Gezhouba, Xiluodu, and Xiangjiaba.

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