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Monalisa Group Co (SZSE:002918) Gross Profit : ¥1,694 Mil (TTM As of Mar. 2024)


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What is Monalisa Group Co Gross Profit?

Monalisa Group Co's gross profit for the three months ended in Mar. 2024 was ¥217 Mil. Monalisa Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,694 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Monalisa Group Co's gross profit for the three months ended in Mar. 2024 was ¥217 Mil. Monalisa Group Co's Revenue for the three months ended in Mar. 2024 was ¥818 Mil. Therefore, Monalisa Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 26.51%.

Monalisa Group Co had a gross margin of 26.51% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Monalisa Group Co was 38.51%. The lowest was 23.65%. And the median was 34.17%.

Warning Sign:

Monalisa Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.5%.


Monalisa Group Co Gross Profit Historical Data

The historical data trend for Monalisa 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.

Monalisa Group Co Gross Profit Chart

Monalisa 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 1,465.02 1,667.82 2,033.66 1,472.75 1,747.35

Monalisa 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 270.00 542.63 532.27 402.45 216.87

Competitive Comparison of Monalisa Group Co's Gross Profit

For the Building Products & Equipment subindustry, Monalisa 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.


Monalisa Group Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Monalisa Group Co's Gross Profit distribution charts can be found below:

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



Monalisa Group Co Gross Profit Calculation

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

Monalisa 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
=5920.79 - 4173.441
=1,747

Monalisa 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
=818.126 - 601.254
=217

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 ¥1,694 Mil.

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

Monalisa 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
=217 / 818.126
=26.51 %

* 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.


Monalisa Group Co  (SZSE:002918) 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

Monalisa Group Co had a gross margin of 26.51% for the quarter that ended in Mar. 2024 => Competition eroding margins


Monalisa Group Co Gross Profit Related Terms

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Monalisa Group Co (SZSE:002918) Business Description

Traded in Other Exchanges
N/A
Address
Taiping Industrial Zone, Xiqiao Town, Nanhai District, Guangdong Province, Foshan City, CHN, 528211
Monalisa Group Co Ltd is a China-based company is engaged in the production and sales of high-quality building ceramic products. Its products include ceramic tiles, porcelain panel, and ceramic art paintings.
Executives
Liu Yi Jun Executives
Chen Bing Yao Supervisors
Zhang Qi Kang Secretary, Director
Chen Feng Directors, executives

Monalisa Group Co (SZSE:002918) Headlines

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