Global Gross Profit from 2010 to 2024

GLE Stock   3.91  0.11  2.74%   
Global Engine's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 9.6 M this year. Gross Profit is the profit Global Engine Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
7.3 M
Current Value
9.6 M
Quarterly Volatility
2.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Engine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Engine's main balance sheet or income statement drivers, such as Tax Provision of 591.5 K, Interest Expense of 10.2 K or Selling General Administrative of 3.2 M, as well as many indicators such as . Global financial statements analysis is a perfect complement when working with Global Engine Valuation or Volatility modules.
  
Check out the analysis of Global Engine Correlation against competitors.

Latest Global Engine's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Global Engine Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Global Engine Group minus its cost of goods sold. It is profit before Global Engine operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Global Engine's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Engine's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Global Gross Profit Regression Statistics

Arithmetic Mean6,568,027
Geometric Mean6,183,878
Coefficient Of Variation40.93
Mean Deviation2,067,482
Median5,017,415
Standard Deviation2,688,001
Sample Variance7.2T
Range8.9M
R-Value0.65
Mean Square Error4.5T
R-Squared0.42
Significance0.01
Slope388,560
Total Sum of Squares101.2T

Global Gross Profit History

20249.6 M
20237.3 M
20227.4 M
202113.9 M
202010.1 M

About Global Engine Financial Statements

Global Engine stakeholders use historical fundamental indicators, such as Global Engine's Gross Profit, to determine how well the company is positioned to perform in the future. Although Global Engine investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global Engine's assets and liabilities are reflected in the revenues and expenses on Global Engine's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Global Engine Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit7.3 M9.6 M

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When determining whether Global Engine Group is a strong investment it is important to analyze Global Engine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Engine's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out the analysis of Global Engine Correlation against competitors.
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Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Engine. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Engine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.957
Earnings Share
0.02
Revenue Per Share
3.091
Quarterly Revenue Growth
0.944
Return On Assets
0.0666
The market value of Global Engine Group is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Engine's value that differs from its market value or its book value, called intrinsic value, which is Global Engine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Engine's market value can be influenced by many factors that don't directly affect Global Engine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Engine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Engine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Engine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.