CCID Consulting Co (FRA:CCX) Gross Profit : €16.47 Mil (TTM As of Dec. 2023)

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What is CCID Consulting Co Gross Profit?

CCID Consulting Co's gross profit for the six months ended in Dec. 2023 was €10.83 Mil. CCID Consulting Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €16.47 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CCID Consulting Co's gross profit for the six months ended in Dec. 2023 was €10.83 Mil. CCID Consulting Co's Revenue for the six months ended in Dec. 2023 was €23.12 Mil. Therefore, CCID Consulting Co's Gross Margin % for the quarter that ended in Dec. 2023 was 46.84%.

CCID Consulting Co had a gross margin of 46.84% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of CCID Consulting Co was 54.26%. The lowest was 46.02%. And the median was 48.32%.

Warning Sign:

CCID Consulting Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.

CCID Consulting Co Gross Profit Historical Data

The historical data trend for CCID Consulting 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.

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CCID Consulting Co Gross Profit Chart

CCID Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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18.21

12.66

20.51

12.84

16.45

CCID Consulting Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial															13.13	2.81	10.15	5.64	10.83

Competitive Comparison of CCID Consulting Co's Gross Profit

For the Information Technology Services subindustry, CCID Consulting 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.

CCID Consulting Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, CCID Consulting Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where CCID Consulting Co's Gross Profit falls into.

CCID Consulting Co Gross Profit Calculation

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

CCID Consulting 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
	=	35.745	-	19.296
	=	16.45

CCID Consulting Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	23.122	-	12.292
	=	10.83

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €16.47 Mil.

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

CCID Consulting Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	10.83	/	23.122
	=	46.84 %

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.

CCID Consulting Co (FRA:CCX) 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

CCID Consulting Co had a gross margin of 46.84% for the quarter that ended in Dec. 2023 => Durable competitive advantage

CCID Consulting Co Gross Profit Related Terms

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CCID Consulting Co (FRA:CCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCID Consulting Co Ltd (FRA:CCX) » Definitions » Gross Profit

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Traded in Other Exchanges

02176:Hong Kong

Address

66 Zizhuyuan Road, 10th Floor, CCID Plaza, Haidian District, Beijing, CHN, 100048

Website

http://www.ccidconsulting.com

CCID Consulting Co Ltd is engaged in the provision of management and strategic consultancy services, market consultancy services, information engineering supervision services, data information design services, training courses services and subscription to information system services, and conference consultation and exhibition services. The company is also engaged in the provision of industry spatial management services which is included in the management and strategic consultancy services segment. The company operates in the PRC.