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Nyocor Co (SHSE:600821) Gross Profit : ¥1,894 Mil (TTM As of Mar. 2024)


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What is Nyocor Co Gross Profit?

Nyocor Co's gross profit for the three months ended in Mar. 2024 was ¥454 Mil. Nyocor Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,894 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nyocor Co's gross profit for the three months ended in Mar. 2024 was ¥454 Mil. Nyocor Co's Revenue for the three months ended in Mar. 2024 was ¥843 Mil. Therefore, Nyocor Co's Gross Margin % for the quarter that ended in Mar. 2024 was 53.88%.

Nyocor Co had a gross margin of 53.88% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Nyocor Co was 63.34%. The lowest was 17.53%. And the median was 38.39%.


Nyocor Co Gross Profit Historical Data

The historical data trend for Nyocor 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.

Nyocor Co Gross Profit Chart

Nyocor 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 266.18 854.21 1,239.37 1,932.98 1,896.52

Nyocor 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 456.92 568.58 528.73 342.29 454.28

Competitive Comparison of Nyocor Co's Gross Profit

For the Utilities - Renewable subindustry, Nyocor 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.


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

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

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



Nyocor Co Gross Profit Calculation

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

Nyocor 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
=3327.748 - 1431.225
=1,897

Nyocor 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
=843.171 - 388.894
=454

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 ¥1,894 Mil.

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

Nyocor 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
=454 / 843.171
=53.88 %

* 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.


Nyocor Co  (SHSE:600821) 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

Nyocor Co had a gross margin of 53.88% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Nyocor Co Gross Profit Related Terms

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Nyocor Co (SHSE:600821) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Guizhou Road, Room 411, Longtong Building, Heping District, Tianjin, CHN, 100044
Nyocor Co Ltd, formerly Tianjin Quanyechang (Group) Co Ltd operates in the retail business in China. The company's stores include Zhou Shengsheng which deals in jewelry, an Apple store that provides electronics, and Li Ning offers western clothes.
Executives
Jiang Hong Supervisors
Yang Ting senior management
Sha Zhen Ming Supervisors

Nyocor Co (SHSE:600821) Headlines

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