China Agri-Products Exchange (HKSE:00149) Gross Profit : HK$313.1 Mil (TTM As of Sep. 2023)

China Agri-Products Exchange Gross Profit Chart

China Agri-Products Exchange Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Mar21	Mar22	Mar23
Gross Profit		Get a 7-Day Free Trial					341.36	390.90	351.81	456.19	330.77

China Agri-Products Exchange Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Profit	Get a 7-Day Free Trial															227.90	228.28	180.08	150.69	162.37

Competitive Comparison of China Agri-Products Exchange's Gross Profit

For the Real Estate - Diversified subindustry, China Agri-Products Exchange'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.

China Agri-Products Exchange's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Agri-Products Exchange's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Agri-Products Exchange's Gross Profit falls into.

China Agri-Products Exchange Gross Profit Calculation

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

China Agri-Products Exchange's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

China Agri-Products Exchange's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$313.1 Mil.

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

China Agri-Products Exchange's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

* 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.

China Agri-Products Exchange  (HKSE:00149) 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

China Agri-Products Exchange had a gross margin of 50.01% for the quarter that ended in Sep. 2023 => Durable competitive advantage

China Agri-Products Exchange Gross Profit Related Terms

Thank you for viewing the detailed overview of China Agri-Products Exchange's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

China Agri-Products Exchange (HKSE:00149) Business Description