GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gloria Technology LLC (BJSE:831641) » Definitions » Gross Profit

Gloria Technology LLC (BJSE:831641) Gross Profit : ¥103.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Gloria Technology LLC Gross Profit?

Gloria Technology LLC's gross profit for the three months ended in Mar. 2024 was ¥20.6 Mil. Gloria Technology LLC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥103.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gloria Technology LLC's gross profit for the three months ended in Mar. 2024 was ¥20.6 Mil. Gloria Technology LLC's Revenue for the three months ended in Mar. 2024 was ¥117.2 Mil. Therefore, Gloria Technology LLC's Gross Margin % for the quarter that ended in Mar. 2024 was 17.53%.

Gloria Technology LLC had a gross margin of 17.53% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Gloria Technology LLC was 32.87%. The lowest was 20.07%. And the median was 27.22%.

Warning Sign:

Gloria Technology LLC gross margin has been in long-term decline. The average rate of decline per year is -6.5%.


Gloria Technology LLC Gross Profit Historical Data

The historical data trend for Gloria Technology LLC'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.

Gloria Technology LLC Gross Profit Chart

Gloria Technology LLC 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 119.16 98.82 117.08 184.47 120.71

Gloria Technology LLC Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 38.12 31.35 25.92 25.32 20.55

Competitive Comparison of Gloria Technology LLC's Gross Profit

For the Electrical Equipment & Parts subindustry, Gloria Technology LLC'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.


Gloria Technology LLC's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gloria Technology LLC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Gloria Technology LLC's Gross Profit falls into.



Gloria Technology LLC Gross Profit Calculation

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

Gloria Technology LLC'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
=547.25 - 426.542
=120.7

Gloria Technology LLC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=117.246 - 96.694
=20.6

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 ¥103.1 Mil.

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

Gloria Technology LLC'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
=20.6 / 117.246
=17.53 %

* 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.


Gloria Technology LLC  (BJSE:831641) 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

Gloria Technology LLC had a gross margin of 17.53% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Gloria Technology LLC Gross Profit Related Terms

Thank you for viewing the detailed overview of Gloria Technology LLC's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Gloria Technology LLC (BJSE:831641) Business Description

Traded in Other Exchanges
N/A
Address
No. 30 Kunlun Road, High-tech Industrial Development Zone, Greer Digital Technology Industrial Park, Jiangsu Province, Xuzhou City, CHN, 221116
Gloria Technology LLC engages in research and development, production, and sales of lighting products and magnetic devices. Its products comprise intelligent control systems, sensors, various electronic transformers, switching power supplies, a full range of electronic ballasts, inverters, indoor and outdoor lighting fixtures, explosion-proof lamps, photovoltaic power generation equipment, communication system equipment.

Gloria Technology LLC (BJSE:831641) Headlines

No Headlines