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GD Power Development Co (SHSE:600795) Gross Profit : ¥26,496 Mil (TTM As of Mar. 2024)


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What is GD Power Development Co Gross Profit?

GD Power Development Co's gross profit for the three months ended in Mar. 2024 was ¥6,075 Mil. GD Power Development Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥26,496 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. GD Power Development Co's gross profit for the three months ended in Mar. 2024 was ¥6,075 Mil. GD Power Development Co's Revenue for the three months ended in Mar. 2024 was ¥45,555 Mil. Therefore, GD Power Development Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.34%.

GD Power Development Co had a gross margin of 13.34% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of GD Power Development Co was 30.89%. The lowest was 7.33%. And the median was 17.27%.

Warning Sign:

GD Power Development Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


GD Power Development Co Gross Profit Historical Data

The historical data trend for GD Power Development 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.

GD Power Development Co Gross Profit Chart

GD Power Development 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 20,411.32 28,840.11 12,346.81 26,064.66 26,459.16

GD Power Development 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 6,038.19 6,352.45 8,387.41 5,681.10 6,074.89

Competitive Comparison of GD Power Development Co's Gross Profit

For the Utilities - Renewable subindustry, GD Power Development 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.


GD Power Development Co's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

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

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



GD Power Development Co Gross Profit Calculation

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

GD Power Development 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
=180998.878 - 154539.722
=26,459

GD Power Development 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
=45555.11 - 39480.221
=6,075

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 ¥26,496 Mil.

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

GD Power Development 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
=6,075 / 45555.11
=13.34 %

* 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.


GD Power Development Co  (SHSE:600795) 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

GD Power Development Co had a gross margin of 13.34% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


GD Power Development Co Gross Profit Related Terms

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GD Power Development Co (SHSE:600795) Business Description

Traded in Other Exchanges
N/A
Address
An Hui North Park, Building 19, Chaoyang District, Beijing, CHN, 100101
GD Power Development Co Ltd is a China-based company engaged in power generation and related businesses. Its businesses include thermal power generation, hydroelectric generation, wind power generation and solar power generation, among others. It also sells thermal products, chemical products, and coal products, among others. The company mainly operates businesses in the domestic market.
Executives
Wu Qiang Supervisors
Chen Bin Supervisors
Feng Shu Chen Director
Wu Quan senior management
Zhang Zi Juan Supervisors
Zhu Yue Liang senior management
Mou Jun senior management
Jiang Hong Yuan senior management
Xu Qi senior management
Chen Jing Dong senior management

GD Power Development Co (SHSE:600795) Headlines

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