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Everbright Jiabao Co (SHSE:600622) Gross Profit : ¥1,268 Mil (TTM As of Mar. 2024)


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What is Everbright Jiabao Co Gross Profit?

Everbright Jiabao Co's gross profit for the three months ended in Mar. 2024 was ¥149 Mil. Everbright Jiabao Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,268 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Everbright Jiabao Co's gross profit for the three months ended in Mar. 2024 was ¥149 Mil. Everbright Jiabao Co's Revenue for the three months ended in Mar. 2024 was ¥342 Mil. Therefore, Everbright Jiabao Co's Gross Margin % for the quarter that ended in Mar. 2024 was 43.58%.

Everbright Jiabao Co had a gross margin of 43.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Everbright Jiabao Co was 56.97%. The lowest was 26.49%. And the median was 41.91%.

Warning Sign:

Everbright Jiabao Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.5%.


Everbright Jiabao Co Gross Profit Historical Data

The historical data trend for Everbright Jiabao 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.

Everbright Jiabao Co Gross Profit Chart

Everbright Jiabao 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 2,119.20 1,908.86 1,981.05 1,870.72 1,352.84

Everbright Jiabao 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 234.08 278.24 489.77 350.76 148.90

Competitive Comparison of Everbright Jiabao Co's Gross Profit

For the Real Estate - Diversified subindustry, Everbright Jiabao 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.


Everbright Jiabao Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Everbright Jiabao Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Everbright Jiabao Co's Gross Profit falls into.



Everbright Jiabao Co Gross Profit Calculation

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

Everbright Jiabao 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
=4390.115 - 3037.279
=1,353

Everbright Jiabao 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
=341.628 - 192.732
=149

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 ¥1,268 Mil.

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

Everbright Jiabao 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
=149 / 341.628
=43.58 %

* 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.


Everbright Jiabao Co  (SHSE:600622) 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

Everbright Jiabao Co had a gross margin of 43.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Everbright Jiabao Co Gross Profit Related Terms

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Everbright Jiabao Co (SHSE:600622) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-6, Lane 333, Yima Road, 10-15 Floor, Jiabao Building, Jiading District, Shanghai, CHN, 201801
Everbright Jiabao Co Ltd is primarily involved in the Real estate asset management, real estate investment and real estate development activities.
Executives
Qian Ming Director
Cao Ping senior management
Sun Hong Liang senior management
Shen Pei Xin senior management
Chen Bo Xing senior management
Yu Jie senior management
Le Yong Hua Supervisors
Yan De Song senior management

Everbright Jiabao Co (SHSE:600622) Headlines

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