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Changsha Jingjia Microelectronics Co (SZSE:300474) Gross Profit : ¥460.8 Mil (TTM As of Mar. 2024)


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What is Changsha Jingjia Microelectronics Co Gross Profit?

Changsha Jingjia Microelectronics Co's gross profit for the three months ended in Mar. 2024 was ¥68.2 Mil. Changsha Jingjia Microelectronics Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥460.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Changsha Jingjia Microelectronics Co's gross profit for the three months ended in Mar. 2024 was ¥68.2 Mil. Changsha Jingjia Microelectronics Co's Revenue for the three months ended in Mar. 2024 was ¥108.4 Mil. Therefore, Changsha Jingjia Microelectronics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 62.91%.

Changsha Jingjia Microelectronics Co had a gross margin of 62.91% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Changsha Jingjia Microelectronics Co was 82.44%. The lowest was 60.32%. And the median was 72.91%.

Warning Sign:

Changsha Jingjia Microelectronics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


Changsha Jingjia Microelectronics Co Gross Profit Historical Data

The historical data trend for Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics Co Gross Profit Chart

Changsha Jingjia Microelectronics 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 359.73 465.14 665.27 750.15 430.25

Changsha Jingjia Microelectronics 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 37.62 177.32 70.52 144.79 68.18

Competitive Comparison of Changsha Jingjia Microelectronics Co's Gross Profit

For the Semiconductors subindustry, Changsha Jingjia Microelectronics 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.


Changsha Jingjia Microelectronics Co's Gross Profit Distribution in the Semiconductors Industry

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

* The bar in red indicates where Changsha Jingjia Microelectronics Co's Gross Profit falls into.



Changsha Jingjia Microelectronics Co Gross Profit Calculation

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

Changsha Jingjia Microelectronics 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
=713.248 - 282.995
=430.3

Changsha Jingjia Microelectronics 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
=108.379 - 40.203
=68.2

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 ¥460.8 Mil.

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

Changsha Jingjia Microelectronics 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
=68.2 / 108.379
=62.91 %

* 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.


Changsha Jingjia Microelectronics Co  (SZSE:300474) 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

Changsha Jingjia Microelectronics Co had a gross margin of 62.91% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Changsha Jingjia Microelectronics Co Gross Profit Related Terms

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Changsha Jingjia Microelectronics Co (SZSE:300474) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Meixihu Road, Yuelu District, Hunan Province, Changsha, CHN, 410221
Changsha Jingjia Microelectronics Co Ltd is a China-based company engaged in designing and manufacturing electronic products and integrated circuits and related software. It offers solutions, products and ancillary services to customers in the areas of information detection, information processing, and information delivery. The company also develops and manufactures domestically produced graphics processing chips. Its products portfolio comprises of the signal processing module, armored vehicle active protection, airborne data link, display control and single board and others.
Executives
Hu Ya Hua Executives
Liao Kai Secretary Dong
Guo Hai Executives
Yu Li Li Director
Ceng Wan Hui Directors, executives
Yu Sheng Fa Directors, executives
Luo Jing Cheng Executives
Yu Xiao You Independent director
Chen Nu Xing Supervisors
Rao Xian Hong Director
Tian Li Song Director

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