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Fujian Yuanli Active Carbon Co (SZSE:300174) Gross Profit : ¥452 Mil (TTM As of Mar. 2024)


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What is Fujian Yuanli Active Carbon Co Gross Profit?

Fujian Yuanli Active Carbon Co's gross profit for the three months ended in Mar. 2024 was ¥105 Mil. Fujian Yuanli Active Carbon Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥452 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fujian Yuanli Active Carbon Co's gross profit for the three months ended in Mar. 2024 was ¥105 Mil. Fujian Yuanli Active Carbon Co's Revenue for the three months ended in Mar. 2024 was ¥467 Mil. Therefore, Fujian Yuanli Active Carbon Co's Gross Margin % for the quarter that ended in Mar. 2024 was 22.56%.

Fujian Yuanli Active Carbon Co had a gross margin of 22.56% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Fujian Yuanli Active Carbon Co was 29.57%. The lowest was 18.19%. And the median was 23.35%.

Warning Sign:

Fujian Yuanli Active Carbon Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Fujian Yuanli Active Carbon Co Gross Profit Historical Data

The historical data trend for Fujian Yuanli Active Carbon 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.

Fujian Yuanli Active Carbon Co Gross Profit Chart

Fujian Yuanli Active Carbon 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 317.43 273.24 377.33 471.90 445.85

Fujian Yuanli Active Carbon 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 99.01 115.57 110.27 121.00 105.41

Competitive Comparison of Fujian Yuanli Active Carbon Co's Gross Profit

For the Specialty Chemicals subindustry, Fujian Yuanli Active Carbon 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.


Fujian Yuanli Active Carbon Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fujian Yuanli Active Carbon Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fujian Yuanli Active Carbon Co's Gross Profit falls into.



Fujian Yuanli Active Carbon Co Gross Profit Calculation

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

Fujian Yuanli Active Carbon 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
=2015.453 - 1569.605
=446

Fujian Yuanli Active Carbon 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
=467.22 - 361.811
=105

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 ¥452 Mil.

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

Fujian Yuanli Active Carbon 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
=105 / 467.22
=22.56 %

* 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.


Fujian Yuanli Active Carbon Co  (SZSE:300174) 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

Fujian Yuanli Active Carbon Co had a gross margin of 22.56% for the quarter that ended in Mar. 2024 => Competition eroding margins


Fujian Yuanli Active Carbon Co Gross Profit Related Terms

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Fujian Yuanli Active Carbon Co (SZSE:300174) Business Description

Traded in Other Exchanges
N/A
Address
Fujian Bayi Road 356, Nanping, CHN, 353000
Fujian Yuanli Active Carbon Co Ltd is engaged in manufacturing and supplying wood-based activated carbon in China. Its products include industrial and civil activated carbon. Its products are used in food fermentation, beverage, pharmaceuticals, water treatment, and air purification industries. The company sells its products in various countries including France, Russia, Italy, Australia, Japan, Thailand, India, Korea, South Africa, and other countries.
Executives
Peng Ying Xiang Supervisors
Mou Cun Biao Executives
Xu Wen Xian Directors, Directors, and Executives
Lu Yuan Jian Director
Wang Yan An Director
Wang Liang En Director

Fujian Yuanli Active Carbon Co (SZSE:300174) Headlines

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