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Shenzhenlubris Pharmaceuticals Co (SZSE:002294) Gross Profit : ¥2,458 Mil (TTM As of Mar. 2024)


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What is Shenzhenlubris Pharmaceuticals Co Gross Profit?

Shenzhenlubris Pharmaceuticals Co's gross profit for the three months ended in Mar. 2024 was ¥780 Mil. Shenzhenlubris Pharmaceuticals Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,458 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhenlubris Pharmaceuticals Co's gross profit for the three months ended in Mar. 2024 was ¥780 Mil. Shenzhenlubris Pharmaceuticals Co's Revenue for the three months ended in Mar. 2024 was ¥1,091 Mil. Therefore, Shenzhenlubris Pharmaceuticals Co's Gross Margin % for the quarter that ended in Mar. 2024 was 71.45%.

Shenzhenlubris Pharmaceuticals Co had a gross margin of 71.45% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Shenzhenlubris Pharmaceuticals Co was 81.10%. The lowest was 68.58%. And the median was 73.92%.

Warning Sign:

Shenzhen Salubris Pharmaceuticals Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


Shenzhenlubris Pharmaceuticals Co Gross Profit Historical Data

The historical data trend for Shenzhenlubris Pharmaceuticals 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.

Shenzhenlubris Pharmaceuticals Co Gross Profit Chart

Shenzhenlubris Pharmaceuticals 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 3,506.10 1,890.87 2,265.11 2,488.40 2,307.79

Shenzhenlubris Pharmaceuticals 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 629.63 531.41 510.82 635.94 779.52

Competitive Comparison of Shenzhenlubris Pharmaceuticals Co's Gross Profit

For the Medical Instruments & Supplies subindustry, Shenzhenlubris Pharmaceuticals 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.


Shenzhenlubris Pharmaceuticals Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenzhenlubris Pharmaceuticals Co's Gross Profit distribution charts can be found below:

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



Shenzhenlubris Pharmaceuticals Co Gross Profit Calculation

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

Shenzhenlubris Pharmaceuticals 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
=3365.343 - 1057.551
=2,308

Shenzhenlubris Pharmaceuticals 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
=1090.969 - 311.449
=780

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 ¥2,458 Mil.

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

Shenzhenlubris Pharmaceuticals 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
=780 / 1090.969
=71.45 %

* 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.


Shenzhenlubris Pharmaceuticals Co  (SZSE:002294) 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

Shenzhenlubris Pharmaceuticals Co had a gross margin of 71.45% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Shenzhenlubris Pharmaceuticals Co Gross Profit Related Terms

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Shenzhenlubris Pharmaceuticals Co (SZSE:002294) Business Description

Traded in Other Exchanges
N/A
Address
1901 Chuangzhan Center, 6007 Shennan Road, Futian District, Shenzhen, CHN
Shenzhen Salubris Pharmaceuticals Co Ltd is a pharmaceutical company dedicated to the research, development, and sale of medical products for cardiovascular diseases, cephalous antibiotics, and bone resorption inhibitors. Its products mainly focused on the areas of cardio-cerebral vascular disease, diabetes, and complications, anti-tumor, and orthopedics, Its business lines include high-end chemical drugs, innovative biological drugs, and medical devices. Its businesses are located in China, the United States, Germany, France, and Japan, and other global countries and regions.
Executives
Yan Jie Directors, executives
Yang Jian Feng Secretary, Director
Zhao Song Ping Executives
Liu Jun Executives
Li Ai Zhen Supervisors
Chen Ping Executives
Ye Cheng Hai Director
Lu Feng Executives, directors
Chen Qiong Xing Supervisors
Li Ying Hui Supervisors
Pan Ling Man Independent director
Zhang Zhong Xing Executives

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