Runjian Communication Co Stock Gross Profit

002929 Stock   29.08  0.55  1.86%   
Runjian Communication Co fundamentals help investors to digest information that contributes to Runjian Communication's financial success or failures. It also enables traders to predict the movement of Runjian Stock. The fundamental analysis module provides a way to measure Runjian Communication's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Runjian Communication stock.
Last ReportedProjected for Next Year
Gross Profit1.6 B866.1 M
As of November 27, 2024, Gross Profit is expected to decline to about 866.1 M.
  
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Runjian Communication Co Company Gross Profit Analysis

Runjian Communication's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Runjian Communication Gross Profit

    
  8.16 B  
Most of Runjian Communication's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Runjian Communication Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Runjian Communication Co reported 8.16 B of gross profit. This is 89.51% lower than that of the Diversified Telecommunication Services sector and 98.61% lower than that of the Communication Services industry. The gross profit for all China stocks is 70.2% higher than that of the company.

Runjian Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Runjian Communication's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Runjian Communication could also be used in its relative valuation, which is a method of valuing Runjian Communication by comparing valuation metrics of similar companies.
Runjian Communication is currently under evaluation in gross profit category among its peers.

Runjian Fundamentals

About Runjian Communication Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Runjian Communication Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Runjian Communication using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Runjian Communication Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Runjian Stock

Runjian Communication financial ratios help investors to determine whether Runjian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Runjian with respect to the benefits of owning Runjian Communication security.