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Emperor Watch & Jewellery (Emperor Watch & Jewellery) Gross Margin % : 29.08% (As of Dec. 2023)


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What is Emperor Watch & Jewellery Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Emperor Watch & Jewellery's Gross Profit for the six months ended in Dec. 2023 was $92.8 Mil. Emperor Watch & Jewellery's Revenue for the six months ended in Dec. 2023 was $319.3 Mil. Therefore, Emperor Watch & Jewellery's Gross Margin % for the quarter that ended in Dec. 2023 was 29.08%.


The historical rank and industry rank for Emperor Watch & Jewellery's Gross Margin % or its related term are showing as below:

EPRJF' s Gross Margin % Range Over the Past 10 Years
Min: 24.96   Med: 28.85   Max: 31.98
Current: 30.07


During the past 13 years, the highest Gross Margin % of Emperor Watch & Jewellery was 31.98%. The lowest was 24.96%. And the median was 28.85%.

EPRJF's Gross Margin % is ranked worse than
62.77% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.485 vs EPRJF: 30.07

Emperor Watch & Jewellery had a gross margin of 29.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Emperor Watch & Jewellery was 1.50% per year.


Emperor Watch & Jewellery Gross Margin % Historical Data

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery Gross Margin % Chart

Emperor Watch & Jewellery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.75 31.98 31.31 31.95 30.07

Emperor Watch & Jewellery Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only 31.90 31.89 32.01 31.13 29.08

Competitive Comparison of Emperor Watch & Jewellery's Gross Margin %

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.


Emperor Watch & Jewellery's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Gross Margin % falls into.



Emperor Watch & Jewellery Gross Margin % Calculation

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

Emperor Watch & Jewellery's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=185.7 / 617.586
=(Revenue - Cost of Goods Sold) / Revenue
=(617.586 - 431.886) / 617.586
=30.07 %

Emperor Watch & Jewellery's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=92.8 / 319.253
=(Revenue - Cost of Goods Sold) / Revenue
=(319.253 - 226.426) / 319.253
=29.08 %

* 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.


Emperor Watch & Jewellery  (OTCPK:EPRJF) 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

Emperor Watch & Jewellery had a gross margin of 29.08% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Emperor Watch & Jewellery Gross Margin % Related Terms

Thank you for viewing the detailed overview of Emperor Watch & Jewellery's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Emperor Watch & Jewellery (Emperor Watch & Jewellery) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (Emperor Watch & Jewellery) Headlines