GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OFILM Group Co Ltd (SZSE:002456) » Definitions » Gross Profit

OFILM Group Co (SZSE:002456) Gross Profit : ¥2,113 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is OFILM Group Co Gross Profit?

OFILM Group Co's gross profit for the three months ended in Mar. 2024 was ¥487 Mil. OFILM Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,113 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. OFILM Group Co's gross profit for the three months ended in Mar. 2024 was ¥487 Mil. OFILM Group Co's Revenue for the three months ended in Mar. 2024 was ¥4,646 Mil. Therefore, OFILM Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 10.49%.

OFILM Group Co had a gross margin of 10.49% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of OFILM Group Co was 13.76%. The lowest was -0.10%. And the median was 11.20%.


OFILM Group Co Gross Profit Historical Data

The historical data trend for OFILM 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.

OFILM Group Co Gross Profit Chart

OFILM Group 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 5,131.77 5,273.74 1,953.61 -14.63 1,689.88

OFILM Group 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 64.25 241.80 530.41 853.42 487.39

Competitive Comparison of OFILM Group Co's Gross Profit

For the Electronic Components subindustry, OFILM 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.


OFILM Group Co's Gross Profit Distribution in the Hardware Industry

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

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



OFILM Group Co Gross Profit Calculation

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

OFILM 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
=16862.94 - 15173.059
=1,690

OFILM 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
=4646.012 - 4158.622
=487

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 ¥2,113 Mil.

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

OFILM 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
=487 / 4646.012
=10.49 %

* 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.


OFILM Group Co  (SZSE:002456) 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

OFILM Group Co had a gross margin of 10.49% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


OFILM Group Co Gross Profit Related Terms

Thank you for viewing the detailed overview of OFILM Group Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


OFILM Group Co (SZSE:002456) Business Description

Traded in Other Exchanges
N/A
Address
Huafa Road, Songbai Road, Gongming Street, Oufeiguang Science and Technology Park, Guangming New District, Guangdong, Baoan District, Shenzhen, CHN, 518107
OFILM Group Co Ltd manufactures precision optics and optoelectronics films. The company's products include a touch panel module, a fingerprint recognition module, and electronic products of the intelligent vehicle among others. Its products are used in the smartphone, tablet PC, smart car, and wearable electronics. The firm has branches in China, the United States, Japan, South Korea, and Europe.
Executives
Li Yun Supervisors
Liu Xiao Chen Directors, executives
Li Ying Ping Executives
Ye Qing Biao Executives
Hai Jiang Directors, executives
Huang Li Hui Directors, executives
Luo Yong Hui Supervisors
Yin Yun Yun Executives
Zhou Liang Directors, executives
Tan Zhen Lin Executives
Yao Fei Executives
Ceng Zhao Hao Executives
Cai Xue Peng Directors, executives
Lin Hong Ping Supervisors
Shen Cheng Zhe Executives

OFILM Group Co (SZSE:002456) Headlines

No Headlines