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Belle International Holdings (Belle International Holdings) Gross Margin % : 54.69% (As of Feb. 2017)


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What is Belle International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Belle International Holdings's Gross Profit for the six months ended in Feb. 2017 was $1,766 Mil. Belle International Holdings's Revenue for the six months ended in Feb. 2017 was $3,229 Mil. Therefore, Belle International Holdings's Gross Margin % for the quarter that ended in Feb. 2017 was 54.69%.


The historical rank and industry rank for Belle International Holdings's Gross Margin % or its related term are showing as below:


BELLY's Gross Margin % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 25.35
* Ranked among companies with meaningful Gross Margin % only.

Belle International Holdings had a gross margin of 54.69% for the quarter that ended in Feb. 2017 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Belle International Holdings was 0.00% per year.


Belle International Holdings Gross Margin % Historical Data

The historical data trend for Belle International Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Belle International Holdings Gross Margin % Chart

Belle International Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Feb14 Feb15 Feb16 Feb17
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.55 57.38 57.51 56.28 54.32

Belle International Holdings Semi-Annual Data
Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.58 56.70 55.91 53.91 54.69

Competitive Comparison of Belle International Holdings's Gross Margin %

For the Footwear & Accessories subindustry, Belle International Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Belle International Holdings's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belle International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Belle International Holdings's Gross Margin % falls into.



Belle International Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Belle International Holdings's Gross Margin for the fiscal year that ended in Feb. 2017 is calculated as

Gross Margin % (A: Feb. 2017 )=Gross Profit (A: Feb. 2017 ) / Revenue (A: Feb. 2017 )
=3298 / 6071.345
=(Revenue - Cost of Goods Sold) / Revenue
=(6071.345 - 2773.299) / 6071.345
=54.32 %

Belle International Holdings's Gross Margin for the quarter that ended in Feb. 2017 is calculated as


Gross Margin % (Q: Feb. 2017 )=Gross Profit (Q: Feb. 2017 ) / Revenue (Q: Feb. 2017 )
=1765.8 / 3228.885
=(Revenue - Cost of Goods Sold) / Revenue
=(3228.885 - 1463.127) / 3228.885
=54.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Belle International Holdings  (OTCPK:BELLY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Belle International Holdings had a gross margin of 54.69% for the quarter that ended in Feb. 2017 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Belle International Holdings Gross Margin % Related Terms

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Belle International Holdings (Belle International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Belle International is China's largest women's footwear retailer. Founded in 1992, and headquartered in Hong Kong, Belle owns six of China's top 10 women's footwear brands, commanding as much as 25% market share in fiscal 2013. In addition to the manufacturing and distribution of female footwear, Belle also distributes major sportswear products, including Nike and Adidas.

Belle International Holdings (Belle International Holdings) Headlines

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