The gross profit margin measures a company’s gross profit as a percentage of the revenue. The formula to calculate gross profit margin and an example calculation for Zhejiang Taotao Vehicles’s trailing twelve months is outlined below:
Gross Profit Margin = Gross Profit / Total Revenue
34.8% = NA / 3.018 B
The tables below summarizes Zhejiang Taotao Vehicles’s performance over the last five years:
| Fiscal Year | Gross Profit | Revenue | Margin |
|---|
| 2019-12-31 | NA | 751.7 M | NA |
| 2020-12-31 | NA | 1.386 B | NA |
| 2022-01-01 | NA | 2.018 B | NA |
| 2023-01-01 | NA | 1.766 B | NA |
| 2023-12-31 | NA | 2.144 B | NA |
The tables below summarizes Zhejiang Taotao Vehicles’s performance over the last four quarters:
| Quarter Ending | Gross Profit | Revenue | Margin |
|---|
| 2023-12-31 | NA | 797.6 M | NA |
| 2024-03-31 | NA | 519.9 M | NA |
| 2024-06-30 | NA | 870.8 M | NA |
| 2024-09-30 | NA | 829.5 M | NA |
You can read more about Gross Profit here.
Click the link below to download a spreadsheet with an example Gross Profit Margin calculation for Zhejiang Taotao Vehicles Co Ltd below: