GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Moso Power Supply Technology Co Ltd (SZSE:002660) » Definitions » Gross Profit

Moso Power Supply Technology Co (SZSE:002660) Gross Profit : ¥344 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Moso Power Supply Technology Co Gross Profit?

Moso Power Supply Technology Co's gross profit for the three months ended in Mar. 2024 was ¥70 Mil. Moso Power Supply Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥344 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Moso Power Supply Technology Co's gross profit for the three months ended in Mar. 2024 was ¥70 Mil. Moso Power Supply Technology Co's Revenue for the three months ended in Mar. 2024 was ¥263 Mil. Therefore, Moso Power Supply Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 26.46%.

Moso Power Supply Technology Co had a gross margin of 26.46% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Moso Power Supply Technology Co was 27.30%. The lowest was 14.70%. And the median was 21.17%.


Moso Power Supply Technology Co Gross Profit Historical Data

The historical data trend for Moso Power Supply Technology 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.

Moso Power Supply Technology Co Gross Profit Chart

Moso Power Supply Technology 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 285.53 260.64 272.51 340.14 358.23

Moso Power Supply Technology 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 83.32 97.06 91.74 86.11 69.58

Competitive Comparison of Moso Power Supply Technology Co's Gross Profit

For the Electronic Components subindustry, Moso Power Supply Technology 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.


Moso Power Supply Technology Co's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Moso Power Supply Technology Co's Gross Profit falls into.



Moso Power Supply Technology Co Gross Profit Calculation

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

Moso Power Supply Technology 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
=1328.67 - 970.444
=358

Moso Power Supply Technology 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
=263.001 - 193.42
=70

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 ¥344 Mil.

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

Moso Power Supply Technology 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
=70 / 263.001
=26.46 %

* 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.


Moso Power Supply Technology Co  (SZSE:002660) 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

Moso Power Supply Technology Co had a gross margin of 26.46% for the quarter that ended in Mar. 2024 => Competition eroding margins


Moso Power Supply Technology Co Gross Profit Related Terms

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


Moso Power Supply Technology Co (SZSE:002660) Business Description

Traded in Other Exchanges
N/A
Address
Guanbai Road, Xiaobai Mang Sangtai Industrial Park, Nanshan, Shenzhen, CHN, 518108
Moso Power Supply Technology Co Ltd is engaged in the development, manufacture, and sale of LED driver which include outdoor lighting solution, solar charge controller, and industrial lighting solution, and other consumer electronics power series which include flat computer class, and ADSL communication.
Executives
Cheng Shui Ying Supervisors
Fang Xiao Qiu Director
Gu Yong De Directors, executives
Fang Ji Bin Directors, Directors, and Executives
Luo Hong Jian Executives
Hong Ye Securities Affairs Representative
Tao Sheng Supervisors
Cheng Chun Jin Directors, executives
Pi Yuan Jun Director
Tu Hong Bin Executives
Qin Chuan Jun Directors, executives
Jin Lin Supervisors
Fang Xiang Yi Supervisors

Moso Power Supply Technology Co (SZSE:002660) Headlines

No Headlines