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Aimer Co (SHSE:603511) Gross Profit : ¥2,250 Mil (TTM As of Mar. 2024)


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What is Aimer Co Gross Profit?

Aimer Co's gross profit for the three months ended in Mar. 2024 was ¥600 Mil. Aimer Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,250 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aimer Co's gross profit for the three months ended in Mar. 2024 was ¥600 Mil. Aimer Co's Revenue for the three months ended in Mar. 2024 was ¥879 Mil. Therefore, Aimer Co's Gross Margin % for the quarter that ended in Mar. 2024 was 68.19%.

Aimer Co had a gross margin of 68.19% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Aimer Co was 73.82%. The lowest was 65.67%. And the median was 67.55%.

Warning Sign:

Aimer Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Aimer Co Gross Profit Historical Data

The historical data trend for Aimer 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.

Aimer Co Gross Profit Chart

Aimer Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 2,346.93 2,207.88 2,377.10 2,186.78 2,272.07

Aimer Co Quarterly Data
Dec17 Dec18 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 621.32 533.34 480.42 637.00 599.64

Competitive Comparison of Aimer Co's Gross Profit

For the Apparel Manufacturing subindustry, Aimer 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.


Aimer Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aimer Co's Gross Profit distribution charts can be found below:

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



Aimer Co Gross Profit Calculation

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

Aimer 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
=3427.925 - 1155.852
=2,272

Aimer 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
=879.3 - 279.665
=600

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 ¥2,250 Mil.

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

Aimer 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
=600 / 879.3
=68.19 %

* 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.


Aimer Co  (SHSE:603511) 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

Aimer Co had a gross margin of 68.19% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Aimer Co Gross Profit Related Terms

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Aimer Co (SHSE:603511) Business Description

Traded in Other Exchanges
N/A
Address
Lize Zhongyuan, Buildings 218 and 219, Second District, Wangjing Development Zone, Chaoyang District, Beijing, CHN, 100102
Aimer Co Ltd is engaged in the research and development, production and sales of high-quality personal clothing and accessories.
Executives
He Lin Qu Director
Zheng Zheng Director
Bo Cai You Directors, senior managers

Aimer Co (SHSE:603511) Headlines

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