Qingdao Novelbeam Technology Stock Gross Profit

688677 Stock   36.30  0.04  0.11%   
Qingdao NovelBeam Technology fundamentals help investors to digest information that contributes to Qingdao NovelBeam's financial success or failures. It also enables traders to predict the movement of Qingdao Stock. The fundamental analysis module provides a way to measure Qingdao NovelBeam'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 Qingdao NovelBeam stock.
Last ReportedProjected for Next Year
Gross Profit299.9 M212 M
As of November 30, 2024, Gross Profit is expected to decline to about 212 M.
  
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Qingdao NovelBeam Technology Company Gross Profit Analysis

Qingdao NovelBeam'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 Qingdao NovelBeam Gross Profit

    
  306.82 M  
Most of Qingdao NovelBeam'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, Qingdao NovelBeam Technology 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, Qingdao NovelBeam Technology reported 306.82 M of gross profit. This is 86.32% lower than that of the Health Care Equipment & Supplies sector and 66.75% lower than that of the Health Care industry. The gross profit for all China stocks is 98.88% higher than that of the company.

Qingdao Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qingdao NovelBeam'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 Qingdao NovelBeam could also be used in its relative valuation, which is a method of valuing Qingdao NovelBeam by comparing valuation metrics of similar companies.
Qingdao NovelBeam is currently under evaluation in gross profit category among its peers.

Qingdao Fundamentals

About Qingdao NovelBeam Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qingdao NovelBeam Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qingdao NovelBeam using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qingdao NovelBeam Technology 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 Qingdao Stock

Qingdao NovelBeam financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao NovelBeam security.