GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Winning Health Technology Group Co Ltd (SZSE:300253) » Definitions » Gross Profit

Winning Health Technology Group Co (SZSE:300253) Gross Profit : ¥1,445 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Winning Health Technology Group Co Gross Profit?

Winning Health Technology Group Co's gross profit for the three months ended in Mar. 2024 was ¥167 Mil. Winning Health Technology Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,445 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Winning Health Technology Group Co's gross profit for the three months ended in Mar. 2024 was ¥167 Mil. Winning Health Technology Group Co's Revenue for the three months ended in Mar. 2024 was ¥494 Mil. Therefore, Winning Health Technology Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.71%.

Winning Health Technology Group Co had a gross margin of 33.71% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Winning Health Technology Group Co was 54.67%. The lowest was 43.69%. And the median was 52.14%.

Warning Sign:

Winning Health Technology Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


Winning Health Technology Group Co Gross Profit Historical Data

The historical data trend for Winning Health Technology Group 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.

Winning Health Technology Group Co Gross Profit Chart

Winning Health Technology Group 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 981.15 1,225.68 1,274.67 1,351.25 1,423.61

Winning Health Technology Group 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 145.65 339.12 316.59 622.24 166.68

Competitive Comparison of Winning Health Technology Group Co's Gross Profit

For the Health Information Services subindustry, Winning Health Technology Group 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.


Winning Health Technology Group Co's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Winning Health Technology Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Winning Health Technology Group Co's Gross Profit falls into.



Winning Health Technology Group Co Gross Profit Calculation

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

Winning Health Technology Group 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
=3163.425 - 1739.818
=1,424

Winning Health Technology Group 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
=494.492 - 327.81
=167

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 ¥1,445 Mil.

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

Winning Health Technology Group 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
=167 / 494.492
=33.71 %

* 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.


Winning Health Technology Group Co  (SZSE:300253) 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

Winning Health Technology Group Co had a gross margin of 33.71% for the quarter that ended in Mar. 2024 => Competition eroding margins


Winning Health Technology Group Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Winning Health Technology Group Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Winning Health Technology Group Co (SZSE:300253) Business Description

Traded in Other Exchanges
N/A
Address
No. 3388 Gonghe New Road, F/8, Yongding Plaza, Shanghai, CHN, 200436
Winning Health Technology Group Co Ltd is a China-based company engages in the research, development, manufacture, and sale of software, computers, and its auxiliary equipment; and provision of computer network maintenance and technical services. It also provides regional health information platform, an integrated service platform that integrates hardware network infrastructure, data center, data exchange, and business services.
Executives
Wang Li Executives
Jin Mao Directors, executives, directors
Sun Jia Ming Executives
Zhou Wei Director
Liu Ning Director
Xu Zi Tong Securities Affairs Representative
Xu Chun Hua Executives
Huang Ke Hua Supervisors
Li Lin Supervisors
Sun Kai Directors, executives
Zhang Shi Ying Supervisors

Winning Health Technology Group Co (SZSE:300253) Headlines

No Headlines