Gross output value: statistical term, term indicator (month, quarter and year), which refers to the total value of goods and services produced by the permanent units of the material production department in a certain period, and reflects the value achievements of the production and operation activities of the material production department. In other words, the total output value is the expression of the value of labor achievements, and it is the value of all products produced by production units, production departments, regions or the whole national economy in a certain period of time. An index that comprehensively reflects the total production scale within a certain range.
Net output value: the newly created value of production units, production departments or the whole national economy in a certain period.
Gross profit = sales revenue-sales cost (purchase cost);
Net profit = total sales revenue-total sales cost-total expenses-total taxes-total interest.
It should be noted that the term "total" should be applied to the independent accounting period. For example, 1 month/1 year is a complete period.