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Dawning Information Industry Co (SHSE:603019) Gross Profit : ¥3,882 Mil (TTM As of Mar. 2024)


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What is Dawning Information Industry Co Gross Profit?

Dawning Information Industry Co's gross profit for the three months ended in Mar. 2024 was ¥666 Mil. Dawning Information Industry Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,882 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dawning Information Industry Co's gross profit for the three months ended in Mar. 2024 was ¥666 Mil. Dawning Information Industry Co's Revenue for the three months ended in Mar. 2024 was ¥2,479 Mil. Therefore, Dawning Information Industry Co's Gross Margin % for the quarter that ended in Mar. 2024 was 26.85%.

Dawning Information Industry Co had a gross margin of 26.85% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Dawning Information Industry Co was 26.71%. The lowest was 17.41%. And the median was 21.72%.


Dawning Information Industry Co Gross Profit Historical Data

The historical data trend for Dawning Information Industry 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.

Dawning Information Industry Co Gross Profit Chart

Dawning Information Industry 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 2,102.93 2,239.35 2,689.70 3,416.19 3,769.12

Dawning Information Industry 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 552.37 854.17 600.91 1,761.67 665.54

Competitive Comparison of Dawning Information Industry Co's Gross Profit

For the Computer Hardware subindustry, Dawning Information Industry 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.


Dawning Information Industry Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dawning Information Industry Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dawning Information Industry Co's Gross Profit falls into.



Dawning Information Industry Co Gross Profit Calculation

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

Dawning Information Industry 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
=14352.658 - 10583.535
=3,769

Dawning Information Industry 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
=2478.642 - 1813.098
=666

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 ¥3,882 Mil.

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

Dawning Information Industry 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
=666 / 2478.642
=26.85 %

* 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.


Dawning Information Industry Co  (SHSE:603019) 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

Dawning Information Industry Co had a gross margin of 26.85% for the quarter that ended in Mar. 2024 => Competition eroding margins


Dawning Information Industry Co Gross Profit Related Terms

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Dawning Information Industry Co (SHSE:603019) Business Description

Traded in Other Exchanges
N/A
Address
Sugon Buliding, No.36 Zhongguancun Software Prak, No.8 Dongbeiwang West Road, Haidian District, Beijing, CHN, 100193
Dawning Information Industry Co Ltd is a China-based company engages in the manufacturing and selling of computers and servers. The company also provides industrial solutions and cloud computing services. Its products include server products, safety products, high-performance computing products, infrastructure, storage products, and cloud computing products. It offers integrated information services such as cloud computing and large data, software development, system integration and technical services.
Executives
Weng Qi Nan senior management
Ren Jing Yang senior management
Xu Wen Chao Directors, senior managers
Li Jun Directors, senior managers
Nie Hua Director
Shi Xin Dong senior management

Dawning Information Industry Co (SHSE:603019) Headlines

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