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Oriental Enterprise Holdings (HKSE:00018) Gross Margin % : 85.66% (As of Sep. 2023)


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What is Oriental Enterprise Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Oriental Enterprise Holdings's Gross Profit for the six months ended in Sep. 2023 was HK$267.3 Mil. Oriental Enterprise Holdings's Revenue for the six months ended in Sep. 2023 was HK$312.1 Mil. Therefore, Oriental Enterprise Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 85.66%.


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

HKSE:00018' s Gross Margin % Range Over the Past 10 Years
Min: 74.39   Med: 82.81   Max: 90.48
Current: 85.49


During the past 13 years, the highest Gross Margin % of Oriental Enterprise Holdings was 90.48%. The lowest was 74.39%. And the median was 82.81%.

HKSE:00018's Gross Margin % is ranked better than
90.98% of 965 companies
in the Media - Diversified industry
Industry Median: 38.36 vs HKSE:00018: 85.49

Oriental Enterprise Holdings had a gross margin of 85.66% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oriental Enterprise Holdings was 1.50% per year.


Oriental Enterprise Holdings Gross Margin % Historical Data

The historical data trend for Oriental Enterprise 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.

Oriental Enterprise Holdings Gross Margin % Chart

Oriental Enterprise Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.84 84.80 90.48 90.28 86.59

Oriental Enterprise Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 91.44 89.11 87.82 85.32 85.66

Competitive Comparison of Oriental Enterprise Holdings's Gross Margin %

For the Publishing subindustry, Oriental Enterprise 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.


Oriental Enterprise Holdings's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's Gross Margin % distribution charts can be found below:

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



Oriental Enterprise Holdings Gross Margin % Calculation

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

Oriental Enterprise Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=586.4 / 677.165
=(Revenue - Cost of Goods Sold) / Revenue
=(677.165 - 90.787) / 677.165
=86.59 %

Oriental Enterprise Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=267.3 / 312.085
=(Revenue - Cost of Goods Sold) / Revenue
=(312.085 - 44.745) / 312.085
=85.66 %

* 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.


Oriental Enterprise Holdings  (HKSE:00018) 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

Oriental Enterprise Holdings had a gross margin of 85.66% for the quarter that ended in Sep. 2023 => 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.


Oriental Enterprise Holdings Gross Margin % Related Terms

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


Oriental Enterprise Holdings (HKSE:00018) Business Description

Traded in Other Exchanges
Address
23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG
Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.
Executives
Conyers Trustee Services (bvi) Limited 2301 Trustee
Marsun Holdings Limited 2201 Interest of corporation controlled by you
Ocean Greatness Limited 2201 Interest of corporation controlled by you
Ever Holdings Limited 2101 Beneficial owner
Hung Mui Fong 2202 Interest of your spouse
Ma Ching Fat 2307 Founder of a discretionary trust who can infl

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