Bank Of Qingdao Stock Gross Profit

002948 Stock   3.84  0.05  1.32%   
Bank of Qingdao fundamentals help investors to digest information that contributes to Bank of Qingdao's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Qingdao'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 Bank of Qingdao stock.
Last ReportedProjected for Next Year
Gross Profit6.9 B5.4 B
As of December 25, 2024, Gross Profit is expected to decline to about 5.4 B.
  
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Bank of Qingdao Company Gross Profit Analysis

Bank of Qingdao'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 Bank of Qingdao Gross Profit

    
  7.36 B  
Most of Bank of Qingdao'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, Bank of Qingdao 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, Bank of Qingdao reported 7.36 B of gross profit. This is 97.49% lower than that of the Banks sector and significantly higher than that of the Financials industry. The gross profit for all China stocks is 73.12% higher than that of the company.

Bank Gross Profit Peer Comparison

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

Bank Fundamentals

About Bank of Qingdao Fundamental Analysis

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

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