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Citychamp Dartong Co (SHSE:600067) Gross Profit : ¥1,099 Mil (TTM As of Mar. 2024)


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What is Citychamp Dartong Co Gross Profit?

Citychamp Dartong Co's gross profit for the three months ended in Mar. 2024 was ¥319 Mil. Citychamp Dartong Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,099 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Citychamp Dartong Co's gross profit for the three months ended in Mar. 2024 was ¥319 Mil. Citychamp Dartong Co's Revenue for the three months ended in Mar. 2024 was ¥2,411 Mil. Therefore, Citychamp Dartong Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.25%.

Citychamp Dartong Co had a gross margin of 13.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Citychamp Dartong Co was 38.71%. The lowest was 10.79%. And the median was 28.55%.

Warning Sign:

Citychamp Dartong Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -22.7%.


Citychamp Dartong Co Gross Profit Historical Data

The historical data trend for Citychamp Dartong 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.

Citychamp Dartong Co Gross Profit Chart

Citychamp Dartong 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 2,649.73 2,520.32 1,459.62 1,786.55 1,097.40

Citychamp Dartong 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 317.70 124.78 189.15 465.78 319.38

Competitive Comparison of Citychamp Dartong Co's Gross Profit

For the Real Estate - Development subindustry, Citychamp Dartong 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.


Citychamp Dartong Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Citychamp Dartong Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Citychamp Dartong Co's Gross Profit falls into.



Citychamp Dartong Co Gross Profit Calculation

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

Citychamp Dartong 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
=9720.886 - 8623.482
=1,097

Citychamp Dartong 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
=2410.653 - 2091.271
=319

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 ¥1,099 Mil.

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

Citychamp Dartong 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
=319 / 2410.653
=13.25 %

* 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.


Citychamp Dartong Co  (SHSE:600067) 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

Citychamp Dartong Co had a gross margin of 13.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Citychamp Dartong Co Gross Profit Related Terms

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Citychamp Dartong Co (SHSE:600067) Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Wuyi Middle Road, Yuanhong Tower, 26F, Gulou District, Fuzhou, Fujian, CHN, 350005
Citychamp Dartong Co Ltd operates in the real estate industry and enameled wire business. The products of the real estate industry involve residential and office buildings like garden houses, villas, and integrated commercial and urban complexes. The products of enameled wire business are used in energy information industry, aerospace, rail transit, and wind power.
Executives
He Zhu Yun Supervisors
Han Guo Jian senior management
Li Chun senior management
Lin Si Yu senior management
Liu Hua Director
Xiao Lin Shou senior management
Shang Jian Guang Director

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