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Sichuan Crun Co (SZSE:002272) Gross Profit : ¥265 Mil (TTM As of Mar. 2024)


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What is Sichuan Crun Co Gross Profit?

Sichuan Crun Co's gross profit for the three months ended in Mar. 2024 was ¥53 Mil. Sichuan Crun Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥265 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Crun Co's gross profit for the three months ended in Mar. 2024 was ¥53 Mil. Sichuan Crun Co's Revenue for the three months ended in Mar. 2024 was ¥285 Mil. Therefore, Sichuan Crun Co's Gross Margin % for the quarter that ended in Mar. 2024 was 18.60%.

Sichuan Crun Co had a gross margin of 18.60% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Sichuan Crun Co was 26.82%. The lowest was 15.21%. And the median was 19.85%.

Warning Sign:

Sichuan Crun Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Sichuan Crun Co Gross Profit Historical Data

The historical data trend for Sichuan Crun 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.

Sichuan Crun Co Gross Profit Chart

Sichuan Crun 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 189.62 341.48 359.89 336.35 272.69

Sichuan Crun 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 60.85 76.26 82.76 52.83 53.03

Competitive Comparison of Sichuan Crun Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Sichuan Crun 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.


Sichuan Crun Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Crun Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sichuan Crun Co's Gross Profit falls into.



Sichuan Crun Co Gross Profit Calculation

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

Sichuan Crun 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
=1663.564 - 1390.872
=273

Sichuan Crun 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
=285.112 - 232.081
=53

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 ¥265 Mil.

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

Sichuan Crun 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
=53 / 285.112
=18.60 %

* 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.


Sichuan Crun Co  (SZSE:002272) 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

Sichuan Crun Co had a gross margin of 18.60% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Sichuan Crun Co Gross Profit Related Terms

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Sichuan Crun Co (SZSE:002272) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Rongchuan Road, Gaoxin Industrial Park, Sichuan Province, Zigong, CHN, 611743
Sichuan Crun Co Ltd is a China-based company engaged in research, development, production and sale of industrial lubrication and hydraulic systems, boiler components, and heavy pressure vessels. The company operates mainly in domestic markets.
Executives
Luo Li Hua Director
Li Hui Directors, executives
Wang Hui Executives
Zhong Hai Hui Directors, executives
Luo Yong Zhong Director
Gao Huan Executives
Rao Hong Secretary Dong
Wang Xue Wei Supervisors
Mou Yin Bing Executives
Ceng Jin Shan Executives
Yi Dong Sheng Executives
Yao Gang Independent director
Zhong Li Gang Director
Fu Xiao Fei Directors, executives
Luo Quan Supervisors

Sichuan Crun Co (SZSE:002272) Headlines

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