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Shenzhen FRD Science & Techonology Co (SZSE:300602) Gross Profit : ¥890 Mil (TTM As of Mar. 2024)


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What is Shenzhen FRD Science & Techonology Co Gross Profit?

Shenzhen FRD Science & Techonology Co's gross profit for the three months ended in Mar. 2024 was ¥166 Mil. Shenzhen FRD Science & Techonology Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ¥890 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shenzhen FRD Science & Techonology Co's gross profit for the three months ended in Mar. 2024 was ¥166 Mil. Shenzhen FRD Science & Techonology Co's Revenue for the three months ended in Mar. 2024 was ¥982 Mil. Therefore, Shenzhen FRD Science & Techonology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 16.93%.

Shenzhen FRD Science & Techonology Co had a gross margin of 16.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Shenzhen FRD Science & Techonology Co was 32.73%. The lowest was 15.70%. And the median was 28.30%.

Warning Sign:

Shenzhen FRD Science & Techonology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.7%.


Shenzhen FRD Science & Techonology Co Gross Profit Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology Co Gross Profit Chart

Shenzhen FRD Science & Techonology 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 778.06 686.46 480.12 714.16 846.02

Shenzhen FRD Science & Techonology 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 122.59 197.30 226.72 299.41 166.33

Competitive Comparison of Shenzhen FRD Science & Techonology Co's Gross Profit

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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.


Shenzhen FRD Science & Techonology Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen FRD Science & Techonology Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's Gross Profit falls into.



Shenzhen FRD Science & Techonology Co Gross Profit Calculation

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

Shenzhen FRD Science & Techonology 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
=4345.941 - 3499.922
=846

Shenzhen FRD Science & Techonology 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
=982.356 - 816.023
=166

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 ¥890 Mil.

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

Shenzhen FRD Science & Techonology 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
=166 / 982.356
=16.93 %

* 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.


Shenzhen FRD Science & Techonology Co  (SZSE:300602) 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

Shenzhen FRD Science & Techonology Co had a gross margin of 16.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Shenzhen FRD Science & Techonology Co Gross Profit Related Terms

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Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.
Executives
Ma Fei Director
Du Jin Song Directors, executives
Zhang Quan Hong Executives
Xie Huo Gui Supervisors
Liu Yi Executives
Wang Yan Directors, executives
Ma Jun Directors, executives
Lan Yu Hong Executives
Qiu Huan Wen Directors, executives
Shi Wei Min Executives
Lai Xiang Dong Independent director

Shenzhen FRD Science & Techonology Co (SZSE:300602) Headlines

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