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Yantai North Andre Juice Co (HKSE:02218) Gross Profit : HK$216.3 Mil (TTM As of Dec. 2023)


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What is Yantai North Andre Juice Co Gross Profit?

Yantai North Andre Juice Co's gross profit for the three months ended in Dec. 2023 was HK$72.8 Mil. Yantai North Andre Juice Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$216.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yantai North Andre Juice Co's gross profit for the three months ended in Dec. 2023 was HK$72.8 Mil. Yantai North Andre Juice Co's Revenue for the three months ended in Dec. 2023 was HK$226.9 Mil. Therefore, Yantai North Andre Juice Co's Gross Margin % for the quarter that ended in Dec. 2023 was 32.08%.

Yantai North Andre Juice Co had a gross margin of 32.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Yantai North Andre Juice Co was 32.99%. The lowest was 20.00%. And the median was 25.57%.

Warning Sign:

Yantai North Andre Juice Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Yantai North Andre Juice Co Gross Profit Historical Data

The historical data trend for Yantai North Andre Juice 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.

Yantai North Andre Juice Co Gross Profit Chart

Yantai North Andre Juice 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 294.08 238.30 220.00 238.01 316.15

Yantai North Andre Juice Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 11.62 - 68.63 72.78 74.84

Competitive Comparison of Yantai North Andre Juice Co's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Yantai North Andre Juice 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.


Yantai North Andre Juice Co's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yantai North Andre Juice Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yantai North Andre Juice Co's Gross Profit falls into.



Yantai North Andre Juice Co Gross Profit Calculation

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

Yantai North Andre Juice 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
=958.265 - 642.118
=316.1

Yantai North Andre Juice Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=226.904 - 154.124
=72.8

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 HK$216.3 Mil.

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

Yantai North Andre Juice Co'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
=72.8 / 226.904
=32.08 %

* 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.


Yantai North Andre Juice Co  (HKSE:02218) 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

Yantai North Andre Juice Co had a gross margin of 32.08% for the quarter that ended in Dec. 2023 => Competition eroding margins


Yantai North Andre Juice Co Gross Profit Related Terms

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Yantai North Andre Juice Co (HKSE:02218) Business Description

Traded in Other Exchanges
Address
No. 18 Andre Avenue, Muping Economic Development Zone, Shandong Province, Yantai, CHN, 264100
Yantai North Andre Juice Co Ltd is a China-based company, that engages in the manufacture and sales of condensed fruit juice, apple essence, pomace, and related products. Its products include apple juice concentrate, pear juice concentrate, orange and lemon series juices, strawberry concentrate, bio-feedstuff, and other related products. It is also involved in the provision of juice processing services. The company operates its business in China, North America, Asia (excluding China), Europe, Oceania, and Africa. The Company distributes its products in domestic markets and overseas markets, out of which the majority is from the International market.
Executives
Mitsui & Co., Ltd. 2101 Beneficial owner
Hongan International Investment Company Limited 2101 Beneficial owner
Wang Kelly 2201 Interest of corporation controlled by you
Tiandi Win-win Investment Management Co., Limited 2101 Beneficial owner
Tian Di Yi Hao Yin Liao Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
Chen Sheng 2201 Interest of corporation controlled by you
Ma Lin 2202 Interest of your spouse
Ni Zhi Long 2101 Beneficial owner

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