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ORG Technology Co (SZSE:002701) Gross Profit : ¥2,260 Mil (TTM As of Mar. 2024)


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What is ORG Technology Co Gross Profit?

ORG Technology Co's gross profit for the three months ended in Mar. 2024 was ¥648 Mil. ORG Technology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,260 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ORG Technology Co's gross profit for the three months ended in Mar. 2024 was ¥648 Mil. ORG Technology Co's Revenue for the three months ended in Mar. 2024 was ¥3,551 Mil. Therefore, ORG Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 18.26%.

ORG Technology Co had a gross margin of 18.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of ORG Technology Co was 34.56%. The lowest was 11.86%. And the median was 25.04%.

Warning Sign:

ORG Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.4%.


ORG Technology Co Gross Profit Historical Data

The historical data trend for ORG 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.

ORG Technology Co Gross Profit Chart

ORG 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 2,276.17 2,284.80 2,143.40 1,668.05 2,109.25

ORG 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 497.75 637.84 585.99 387.67 648.32

Competitive Comparison of ORG Technology Co's Gross Profit

For the Packaging & Containers subindustry, ORG 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.


ORG Technology Co's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, ORG Technology Co's Gross Profit distribution charts can be found below:

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



ORG Technology Co Gross Profit Calculation

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

ORG 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
=13842.845 - 11733.597
=2,109

ORG 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
=3551.44 - 2903.119
=648

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 ¥2,260 Mil.

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

ORG 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
=648 / 3551.44
=18.26 %

* 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.


ORG Technology Co  (SZSE:002701) 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

ORG Technology Co had a gross margin of 18.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


ORG Technology Co Gross Profit Related Terms

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ORG Technology Co (SZSE:002701) Business Description

Traded in Other Exchanges
N/A
Address
YanQi Industrial Development Zone, Huai Rou District, Beijing, CHN, 101407
ORG Technology Co Ltd is engaged in providing internet information services. The firm engages in offering technology development, technical services, technology testing; product design; economic and trade consultation; automatic identification and identification systems development and application; development and application of visualization and cargo tracking system; development and application of intelligent management system. Geographically it operates through China however it also holds a presence in the international market.
Executives
Zhang Shao Jun Executives
Zhou Yuan Director
Zhang Liang De Executives
Shen Tao Directors, executives
Zhou Yun Jie Director
Jiang Xian Da Supervisors
Huang Zhi Feng Supervisors
Chen Yu Fei Executives
Ma Bin Yun Supervisors
Wang Dong Directors, executives
Wu Duo Quan Executives
Gao Shu Jun Executives, directors
Chen Zhong Ge Supervisors
Zhao Yu Hui Directors, executives

ORG Technology Co (SZSE:002701) Headlines

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