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Chutian Dragon Co (SZSE:003040) Gross Profit : ¥389 Mil (TTM As of Mar. 2024)


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What is Chutian Dragon Co Gross Profit?

Chutian Dragon Co's gross profit for the three months ended in Mar. 2024 was ¥94 Mil. Chutian Dragon Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥389 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chutian Dragon Co's gross profit for the three months ended in Mar. 2024 was ¥94 Mil. Chutian Dragon Co's Revenue for the three months ended in Mar. 2024 was ¥256 Mil. Therefore, Chutian Dragon Co's Gross Margin % for the quarter that ended in Mar. 2024 was 36.52%.

Chutian Dragon Co had a gross margin of 36.52% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Chutian Dragon Co was 37.36%. The lowest was 25.43%. And the median was 33.17%.

Warning Sign:

Chutian Dragon Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


Chutian Dragon Co Gross Profit Historical Data

The historical data trend for Chutian Dragon 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.

Chutian Dragon Co Gross Profit Chart

Chutian Dragon Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 398.09 340.07 332.80 514.36 403.87

Chutian Dragon Co Quarterly Data
Dec17 Dec18 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 108.62 98.68 84.99 111.58 93.64

Competitive Comparison of Chutian Dragon Co's Gross Profit

For the Semiconductors subindustry, Chutian Dragon 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.


Chutian Dragon Co's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Chutian Dragon Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chutian Dragon Co's Gross Profit falls into.



Chutian Dragon Co Gross Profit Calculation

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

Chutian Dragon 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
=1336.264 - 932.392
=404

Chutian Dragon 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
=256.384 - 162.745
=94

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 ¥389 Mil.

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

Chutian Dragon 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
=94 / 256.384
=36.52 %

* 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.


Chutian Dragon Co  (SZSE:003040) 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

Chutian Dragon Co had a gross margin of 36.52% for the quarter that ended in Mar. 2024 => Competition eroding margins


Chutian Dragon Co Gross Profit Related Terms

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Chutian Dragon Co (SZSE:003040) Business Description

Traded in Other Exchanges
N/A
Address
Yifa Industrial Zone, Zhuweitian, Fenggang Town, Guangdong Province, Dongguan, CHN, 523697
Chutian Dragon Co Ltd is mainly engaged in the design, research and development, production, sales and service of smart cards. The main products are financial IC cards represented by financial social security cards and standard bank IC cards, and non-financial IC cards represented by communication cards and transportation cards. It has a wide range of customers and important influence in social security, finance, communications, transportation, medical, education and other industries.

Chutian Dragon Co (SZSE:003040) Headlines

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