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Aima Technology Group Co (SHSE:603529) Gross Profit : ¥3,506 Mil (TTM As of Mar. 2024)


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What is Aima Technology Group Co Gross Profit?

Aima Technology Group Co's gross profit for the three months ended in Mar. 2024 was ¥893 Mil. Aima Technology Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3,506 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aima Technology Group Co's gross profit for the three months ended in Mar. 2024 was ¥893 Mil. Aima Technology Group Co's Revenue for the three months ended in Mar. 2024 was ¥4,954 Mil. Therefore, Aima Technology Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 18.04%.

Aima Technology Group Co had a gross margin of 18.04% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Aima Technology Group Co was 17.06%. The lowest was 11.42%. And the median was 13.68%.


Aima Technology Group Co Gross Profit Historical Data

The historical data trend for Aima Technology 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.

Aima Technology Group Co Gross Profit Chart

Aima Technology Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 1,425.77 1,473.36 1,805.11 3,403.71 3,473.26

Aima Technology Group Co Quarterly Data
Dec18 Jun19 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 860.65 730.69 1,167.49 714.42 893.38

Competitive Comparison of Aima Technology Group Co's Gross Profit

For the Auto Manufacturers subindustry, Aima Technology 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.


Aima Technology Group Co's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aima Technology Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aima Technology Group Co's Gross Profit falls into.



Aima Technology Group Co Gross Profit Calculation

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

Aima Technology 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
=21036.121 - 17562.866
=3,473

Aima Technology 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
=4953.545 - 4060.167
=893

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 ¥3,506 Mil.

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

Aima Technology 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
=893 / 4953.545
=18.04 %

* 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.


Aima Technology Group Co  (SHSE:603529) 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

Aima Technology Group Co had a gross margin of 18.04% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Aima Technology Group Co Gross Profit Related Terms

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Aima Technology Group Co (SHSE:603529) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Aima Road, Jinghai Economic Development Zone, Tianjin, CHN, 301600
Emma Technology Group Co Ltd is engaged in the research and development, production, and sales of electric bicycles, electric mopeds, and electric motorcycles.
Executives
Peng Wei Director
Liu Jian Xin Director
Zheng Hui senior management
Hu Yu Peng senior management
Ren Yong senior management

Aima Technology Group Co (SHSE:603529) Headlines

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