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Yixintang Pharmaceutical Group Co (SZSE:002727) Gross Profit : ¥5,796 Mil (TTM As of Mar. 2024)


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What is Yixintang Pharmaceutical Group Co Gross Profit?

Yixintang Pharmaceutical Group Co's gross profit for the three months ended in Mar. 2024 was ¥1,548 Mil. Yixintang Pharmaceutical Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5,796 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yixintang Pharmaceutical Group Co's gross profit for the three months ended in Mar. 2024 was ¥1,548 Mil. Yixintang Pharmaceutical Group Co's Revenue for the three months ended in Mar. 2024 was ¥5,100 Mil. Therefore, Yixintang Pharmaceutical Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 30.36%.

Yixintang Pharmaceutical Group Co had a gross margin of 30.36% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Yixintang Pharmaceutical Group Co was 41.92%. The lowest was 32.12%. And the median was 39.57%.

Warning Sign:

Yixintang Pharmaceutical Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Yixintang Pharmaceutical Group Co Gross Profit Historical Data

The historical data trend for Yixintang Pharmaceutical 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.

Yixintang Pharmaceutical Group Co Gross Profit Chart

Yixintang Pharmaceutical 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 4,054.96 4,533.32 5,390.88 6,109.32 5,734.78

Yixintang Pharmaceutical 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 1,487.06 1,424.63 1,332.81 1,490.28 1,548.19

Competitive Comparison of Yixintang Pharmaceutical Group Co's Gross Profit

For the Pharmaceutical Retailers subindustry, Yixintang Pharmaceutical 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.


Yixintang Pharmaceutical Group Co's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yixintang Pharmaceutical Group Co's Gross Profit distribution charts can be found below:

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



Yixintang Pharmaceutical Group Co Gross Profit Calculation

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

Yixintang Pharmaceutical 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
=17380.311 - 11645.534
=5,735

Yixintang Pharmaceutical 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
=5099.518 - 3551.331
=1,548

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 ¥5,796 Mil.

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

Yixintang Pharmaceutical 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
=1,548 / 5099.518
=30.36 %

* 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.


Yixintang Pharmaceutical Group Co  (SZSE:002727) 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

Yixintang Pharmaceutical Group Co had a gross margin of 30.36% for the quarter that ended in Mar. 2024 => Competition eroding margins


Yixintang Pharmaceutical Group Co Gross Profit Related Terms

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Yixintang Pharmaceutical Group Co (SZSE:002727) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Hongxiang Road, Economic Development Zone, Yunnan province, Kunming City, CHN, 650500
Yixintang Pharmaceutical Group Co Ltd is a China-based company engages in the operation of pharmaceutical retail chains and wholesale businesses. Its products include traditional Chinese medicine, Western medicine, and medical equipment.
Executives
Zhang Yong Directors, executives
Xiao Dong Lei Executives
Liu Qiong Director
Ruan Hong Xian Directors, executives
Guo Chun Li Director
Ruan Guo Wei Directors, executives
Li Zheng Hong Directors, executives
Zhao Biao Directors, executives
Tian Jun Directors, Directors, and Executives
Xu Ke Yi Director
Luo Yong Bin Executives
Zhou Hong Yun Directors, executives

Yixintang Pharmaceutical Group Co (SZSE:002727) Headlines

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