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Sichuan Gold Co (SZSE:001337) Gross Profit : ¥332.8 Mil (TTM As of Mar. 2024)


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What is Sichuan Gold Co Gross Profit?

Sichuan Gold Co's gross profit for the three months ended in Mar. 2024 was ¥107.7 Mil. Sichuan Gold Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥332.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Gold Co's gross profit for the three months ended in Mar. 2024 was ¥107.7 Mil. Sichuan Gold Co's Revenue for the three months ended in Mar. 2024 was ¥189.9 Mil. Therefore, Sichuan Gold Co's Gross Margin % for the quarter that ended in Mar. 2024 was 56.70%.

Sichuan Gold Co had a gross margin of 56.70% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Sichuan Gold Co was 57.70%. The lowest was 45.50%. And the median was 51.25%.

Warning Sign:

Sichuan Gold Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


Sichuan Gold Co Gross Profit Historical Data

The historical data trend for Sichuan Gold 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.

Sichuan Gold Co Gross Profit Chart

Sichuan Gold Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 195.18 276.98 239.28 242.41 322.00

Sichuan Gold Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 96.88 52.29 85.48 87.35 107.67

Competitive Comparison of Sichuan Gold Co's Gross Profit

For the Gold subindustry, Sichuan Gold 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.


Sichuan Gold Co's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sichuan Gold Co's Gross Profit distribution charts can be found below:

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



Sichuan Gold Co Gross Profit Calculation

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

Sichuan Gold 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
=628.99 - 306.995
=322.0

Sichuan Gold 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
=189.876 - 82.21
=107.7

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 ¥332.8 Mil.

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

Sichuan Gold 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
=107.7 / 189.876
=56.70 %

* 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.


Sichuan Gold Co  (SZSE:001337) 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

Sichuan Gold Co had a gross margin of 56.70% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Sichuan Gold Co Gross Profit Related Terms

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Sichuan Gold Co (SZSE:001337) Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Longqin Street, Muli County, Sichuan Province, Qiaowa, CHN, 610095
Sichuan Rongda Gold Co Ltd is engaged in gold mining, mineral products and mining machinery operation, mineral geology, engineering geology, geological exploration consulting services, after-sales service.

Sichuan Gold Co (SZSE:001337) Headlines

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