Hebeiilhero Environmental Protection High-Tech Co had a gross margin of 40.15% for the quarter that ended in Mar. 2024 => Durable competitive advantage
* 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.
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Hebeiilhero Environmental Protection High-Tech Co Gross Profit Chart
Hebeiilhero Environmental Protection High-Tech Co Annual Data
Competitive Comparison of Hebeiilhero Environmental Protection High-Tech Co's Gross Profit
For the Pollution & Treatment Controls subindustry, Hebeiilhero Environmental Protection High-Tech 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.
Hebeiilhero Environmental Protection High-Tech Co's Gross Profit Distribution in the Industrial Products Industry
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 ¥378.5 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Hebeiilhero Environmental Protection High-Tech Co (SZSE:300137) 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
Hebeiilhero Environmental Protection High-Tech Co had a gross margin of 40.15% for the quarter that ended in Mar. 2024 => Durable competitive advantage
Hebeiilhero Environmental Protection High-Tech Co Gross Profit Related Terms
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Hebeiilhero Environmental Protection High-Tech Co (SZSE:300137) Business Description
Hebei Sailhero Environmental Protection High-Tech Co Ltd researches develop manufactures and sells online and automatic environmental monitoring instruments in China. It offers ambient air monitoring and early warning systems, surface and underground water monitoring systems, drinking water monitoring and early warning systems, acid rain online monitoring systems, and pollution source online monitoring systems, as well as emergency monitoring, decision-making, and command systems.
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