The historical rank and industry rank for Glory Sun Land Group's Gross Margin % or its related term are showing as below:
HKSE:00299'
s Gross Margin % Range Over the Past 10 Years
Min: -32.47 Med: 5.72 Max: 29.73
Current: -18.53
During the past 13 years, the highestGross Margin % of Glory Sun Land Group was 29.73%. The lowest was -32.47%. And the median was 5.72%.
HKSE:00299's Gross Margin % is ranked worse than 92.92% of 607
companies
in the Capital Markets industry
Industry Median: 48.7
vs HKSE:00299: -18.53
Glory Sun Land Group had a gross margin of -15.94% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Glory Sun Land Group was 0.00% per year.
Glory Sun Land Group Gross Margin % Historical Data
The historical data trend for Glory Sun Land Group'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.
Competitive Comparison of Glory Sun Land Group's Gross Margin %
For the Capital Markets subindustry, Glory Sun Land Group'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.
Glory Sun Land Group's Gross Margin % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Glory Sun Land Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Glory Sun Land Group's Gross Margin % falls into.
* 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.
Glory Sun Land Group (HKSE:00299) 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
Glory Sun Land Group had a gross margin of -15.94% for the quarter that ended in Dec. 2023 => No sustainable 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.
Glory Sun Land Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of Glory Sun Land Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Glory Sun Land Group (HKSE:00299) Business Description
Glory Sun Land Group Ltd is engaged in the trading of commodities in the People's Republic of China. The company's business segments are The real estate and property investment segment includes property development and property investment, the Trading of commodities segment includes the trading of commodities, the Construction segment includes the provision of construction works, Others segment includes the operation of a golf practicing court, operation of children's playrooms, operation of fitness rooms, operation of a karaoke box, and trading of home appliances and building materials.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00299 has been successfully added to your 