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Shenzhen Prolto Supply Chain Management Co (SZSE:002769) Gross Margin % : 35.06% (As of Mar. 2024)


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What is Shenzhen Prolto Supply Chain Management Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen Prolto Supply Chain Management Co's Gross Profit for the three months ended in Mar. 2024 was ¥45.0 Mil. Shenzhen Prolto Supply Chain Management Co's Revenue for the three months ended in Mar. 2024 was ¥128.3 Mil. Therefore, Shenzhen Prolto Supply Chain Management Co's Gross Margin % for the quarter that ended in Mar. 2024 was 35.06%.


The historical rank and industry rank for Shenzhen Prolto Supply Chain Management Co's Gross Margin % or its related term are showing as below:

SZSE:002769' s Gross Margin % Range Over the Past 10 Years
Min: 5.4   Med: 9.02   Max: 29.57
Current: 29.57


During the past 13 years, the highest Gross Margin % of Shenzhen Prolto Supply Chain Management Co was 29.57%. The lowest was 5.40%. And the median was 9.02%.

SZSE:002769's Gross Margin % is ranked better than
69.73% of 948 companies
in the Transportation industry
Industry Median: 20.01 vs SZSE:002769: 29.57

Shenzhen Prolto Supply Chain Management Co had a gross margin of 35.06% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shenzhen Prolto Supply Chain Management Co was 20.60% per year.


Shenzhen Prolto Supply Chain Management Co Gross Margin % Historical Data

The historical data trend for Shenzhen Prolto Supply Chain Management Co's Gross Margin % 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.

Shenzhen Prolto Supply Chain Management Co Gross Margin % Chart

Shenzhen Prolto Supply Chain Management Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.23 14.53 14.32 19.42 20.99

Shenzhen Prolto Supply Chain Management Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 -0.78 20.09 41.36 22.54 35.06

Competitive Comparison of Shenzhen Prolto Supply Chain Management Co's Gross Margin %

For the Integrated Freight & Logistics subindustry, Shenzhen Prolto Supply Chain Management Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Shenzhen Prolto Supply Chain Management Co's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shenzhen Prolto Supply Chain Management Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Prolto Supply Chain Management Co's Gross Margin % falls into.



Shenzhen Prolto Supply Chain Management Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Shenzhen Prolto Supply Chain Management Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=129.4 / 616.438
=(Revenue - Cost of Goods Sold) / Revenue
=(616.438 - 487.017) / 616.438
=20.99 %

Shenzhen Prolto Supply Chain Management 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 )
=45 / 128.322
=(Revenue - Cost of Goods Sold) / Revenue
=(128.322 - 83.33) / 128.322
=35.06 %

* 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.


Shenzhen Prolto Supply Chain Management Co  (SZSE:002769) Gross Margin % 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

Shenzhen Prolto Supply Chain Management Co had a gross margin of 35.06% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Shenzhen Prolto Supply Chain Management Co Gross Margin % Related Terms

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Shenzhen Prolto Supply Chain Management Co (SZSE:002769) Business Description

Traded in Other Exchanges
N/A
Address
1006 Shennan Road, Building A, 21st Floor, Shenzhen International Innovation Center, Guangdong Province, Futian District, Shenzhen, CHN, 518026
Shenzhen Prolto Supply Chain Management Co Ltd provides supply chain services. The company provides integrated supply chain management services including design and optimization, procurement, distribution, inventory management, financial settlement, customs clearance and logistics support and other. The company mainly serves the medical industry, financial leasing services, e-commerce industry and others.
Executives
Zou Yong Executives
Chen Shu Zhi Director
Zhang Yun Directors, executives
Wu Jun Executives
Shi Shuai Directors, executives
Zhao Ye Directors, executives
Ni Wei Xiong Securities Affairs Representative

Shenzhen Prolto Supply Chain Management Co (SZSE:002769) Headlines

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