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Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Gross Profit : ¥317 Mil (TTM As of Mar. 2024)


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What is Shaanxi Broadcast & TV Network Intermediary (Group) Co Gross Profit?

Shaanxi Broadcast & TV Network Intermediary (Group) Co's gross profit for the three months ended in Mar. 2024 was ¥70 Mil. Shaanxi Broadcast & TV Network Intermediary (Group) Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥317 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shaanxi Broadcast & TV Network Intermediary (Group) Co's gross profit for the three months ended in Mar. 2024 was ¥70 Mil. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥410 Mil. Therefore, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Gross Margin % for the quarter that ended in Mar. 2024 was 17.18%.

Shaanxi Broadcast & TV Network Intermediary (Group) Co had a gross margin of 17.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Shaanxi Broadcast & TV Network Intermediary (Group) Co was 34.97%. The lowest was 15.07%. And the median was 31.27%.

Warning Sign:

Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


Shaanxi Broadcast & TV Network Intermediary (Group) Co Gross Profit Historical Data

The historical data trend for Shaanxi Broadcast & TV Network Intermediary (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.

Shaanxi Broadcast & TV Network Intermediary (Group) Co Gross Profit Chart

Shaanxi Broadcast & TV Network Intermediary (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 659.05 811.05 932.33 897.83 458.23

Shaanxi Broadcast & TV Network Intermediary (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 211.93 214.27 151.10 -119.07 70.47

Competitive Comparison of Shaanxi Broadcast & TV Network Intermediary (Group) Co's Gross Profit

For the Broadcasting subindustry, Shaanxi Broadcast & TV Network Intermediary (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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shaanxi Broadcast & TV Network Intermediary (Group) Co's Gross Profit falls into.



Shaanxi Broadcast & TV Network Intermediary (Group) Co Gross Profit Calculation

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

Shaanxi Broadcast & TV Network Intermediary (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
=2308.496 - 1850.267
=458

Shaanxi Broadcast & TV Network Intermediary (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
=410.266 - 339.796
=70

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 ¥317 Mil.

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

Shaanxi Broadcast & TV Network Intermediary (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
=70 / 410.266
=17.18 %

* 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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co  (SHSE:600831) 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

Shaanxi Broadcast & TV Network Intermediary (Group) Co had a gross margin of 17.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Shaanxi Broadcast & TV Network Intermediary (Group) Co Gross Profit Related Terms

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Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Gaoxin 1st Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075
Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services.
Executives
Han Pu Directors, senior managers
Fan Dong senior management
Li Wen Hua senior management
Li Wen senior management
Wang Li Qiang Director
Hu Xiao Lai senior management
Zhang Yan Bing senior management
Feng Hui Ming senior management
Ren Hui senior management
Xu Qi Huan senior management
Liu Jin Director
Xue Chao Hui senior management
Wang Zhang Yuan senior management
Fu Chen Ling senior management
Yan Zhao Xiang Director

Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Headlines

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