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Tengda Construction Group Co (SHSE:600512) Gross Profit : ¥399 Mil (TTM As of Mar. 2024)


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What is Tengda Construction Group Co Gross Profit?

Tengda Construction Group Co's gross profit for the three months ended in Mar. 2024 was ¥88 Mil. Tengda Construction Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥399 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tengda Construction Group Co's gross profit for the three months ended in Mar. 2024 was ¥88 Mil. Tengda Construction Group Co's Revenue for the three months ended in Mar. 2024 was ¥756 Mil. Therefore, Tengda Construction Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 11.58%.

Tengda Construction Group Co had a gross margin of 11.58% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tengda Construction Group Co was 19.41%. The lowest was 9.97%. And the median was 11.43%.


Tengda Construction Group Co Gross Profit Historical Data

The historical data trend for Tengda Construction Group 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.

Tengda Construction Group Co Gross Profit Chart

Tengda Construction Group 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 459.10 774.91 1,344.18 759.77 415.46

Tengda Construction Group 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 103.76 126.55 40.67 144.49 87.54

Competitive Comparison of Tengda Construction Group Co's Gross Profit

For the Engineering & Construction subindustry, Tengda Construction Group 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.


Tengda Construction Group Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tengda Construction Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tengda Construction Group Co's Gross Profit falls into.



Tengda Construction Group Co Gross Profit Calculation

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

Tengda Construction Group 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
=4064.239 - 3648.781
=415

Tengda Construction Group 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
=755.827 - 668.285
=88

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 ¥399 Mil.

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

Tengda Construction Group 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
=88 / 755.827
=11.58 %

* 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.


Tengda Construction Group Co  (SHSE:600512) 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

Tengda Construction Group Co had a gross margin of 11.58% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Tengda Construction Group Co Gross Profit Related Terms

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Tengda Construction Group Co (SHSE:600512) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Luqiao Avenue East, Luqiao District, Taizhou, Zhejiang, CHN, 318050
Tengda Construction Group Co Ltd is a China-based company engaged in construction engineering and operation of railways, roads, and bridges. It is mainly engaged in urban roads, bridges, elevated roads, rail transit, sewage treatment, highways, housing construction and other projects. The company conducts its businesses primarily in domestic markets.
Executives
Yan Wei Lei senior management
Wang Zheng Chu senior management
Ye Li Jun Director
Yang Jiu Ru Directors, senior managers
Sun Jiu Chun Directors, senior managers
Wang Gui senior management
Ye Xiao Gen Director
Ye Lin Fu Director
Chen Hua Cai Director
Lin Huan Supervisors
Ye Yang Zeng senior management
Ye Li Chun Director
Xu Jun Ming Director
Ye Chun Fang Director
Ye Chun Fang Director

Tengda Construction Group Co (SHSE:600512) Headlines

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