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Sichuan Road & Bridge Co (SHSE:600039) Gross Profit : ¥19,383 Mil (TTM As of Mar. 2024)


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What is Sichuan Road & Bridge Co Gross Profit?

Sichuan Road & Bridge Co's gross profit for the three months ended in Mar. 2024 was ¥3,492 Mil. Sichuan Road & Bridge Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥19,383 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Road & Bridge Co's gross profit for the three months ended in Mar. 2024 was ¥3,492 Mil. Sichuan Road & Bridge Co's Revenue for the three months ended in Mar. 2024 was ¥22,106 Mil. Therefore, Sichuan Road & Bridge Co's Gross Margin % for the quarter that ended in Mar. 2024 was 15.80%.

Sichuan Road & Bridge Co had a gross margin of 15.80% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Sichuan Road & Bridge Co was 18.24%. The lowest was 10.69%. And the median was 12.84%.


Sichuan Road & Bridge Co Gross Profit Historical Data

The historical data trend for Sichuan Road & Bridge 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.

Sichuan Road & Bridge Co Gross Profit Chart

Sichuan Road & Bridge 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 5,784.93 9,466.32 15,716.39 23,048.54 20,870.95

Sichuan Road & Bridge 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 4,980.54 5,716.90 4,563.15 5,610.36 3,492.16

Competitive Comparison of Sichuan Road & Bridge Co's Gross Profit

For the Engineering & Construction subindustry, Sichuan Road & Bridge 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.


Sichuan Road & Bridge Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Road & Bridge Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sichuan Road & Bridge Co's Gross Profit falls into.



Sichuan Road & Bridge Co Gross Profit Calculation

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

Sichuan Road & Bridge 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
=115041.514 - 94170.562
=20,871

Sichuan Road & Bridge 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
=22106.018 - 18613.859
=3,492

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 ¥19,383 Mil.

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

Sichuan Road & Bridge 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
=3,492 / 22106.018
=15.80 %

* 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.


Sichuan Road & Bridge Co  (SHSE:600039) 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

Sichuan Road & Bridge Co had a gross margin of 15.80% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Sichuan Road & Bridge Co Gross Profit Related Terms

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Sichuan Road & Bridge Co (SHSE:600039) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Gao Peng Avenue, No. F-59, Science & Technology Industrial Park, High-Tech Zone, Sichuan Province, Chengdu, CHN, 610041
Sichuan Road & Bridge Co Ltd is a China-based company engaged in the investigation, design, construction, conservation, and management of highways.
Executives
Zhu Nian Hong Director
Feng Qiang Lin senior management
Zhang Hang Chuan senior management
Hu Yuan Hua Director
Li Ji Dong senior management
Wang Chuan Fu senior management
Zhang Jian Ming senior management
Gan Hong Director
Zhou Yong senior management
Long Yong senior management
Yang Ru Gang Director
Wang Zhong Lin senior management
Liu De Yong senior management
Lu Wei senior management
Guo Xiang Hui Director

Sichuan Road & Bridge Co (SHSE:600039) Headlines

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