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Dingyi Group Investment (HKSE:00508) Gross Margin % : 47.01% (As of Sep. 2023)


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What is Dingyi Group Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dingyi Group Investment's Gross Profit for the six months ended in Sep. 2023 was HK$55.4 Mil. Dingyi Group Investment's Revenue for the six months ended in Sep. 2023 was HK$117.8 Mil. Therefore, Dingyi Group Investment's Gross Margin % for the quarter that ended in Sep. 2023 was 47.01%.


The historical rank and industry rank for Dingyi Group Investment's Gross Margin % or its related term are showing as below:

HKSE:00508' s Gross Margin % Range Over the Past 10 Years
Min: 19.23   Med: 84.41   Max: 98.8
Current: 35.36


During the past 13 years, the highest Gross Margin % of Dingyi Group Investment was 98.80%. The lowest was 19.23%. And the median was 84.41%.

HKSE:00508's Gross Margin % is ranked worse than
72.14% of 359 companies
in the Credit Services industry
Industry Median: 53.4 vs HKSE:00508: 35.36

Dingyi Group Investment had a gross margin of 47.01% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dingyi Group Investment was -0.60% per year.


Dingyi Group Investment Gross Margin % Historical Data

The historical data trend for Dingyi Group Investment'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.

Dingyi Group Investment Gross Margin % Chart

Dingyi Group Investment 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 82.78 96.64 92.18 98.80 19.23

Dingyi Group Investment 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 99.25 98.34 16.82 29.45 47.01

Competitive Comparison of Dingyi Group Investment's Gross Margin %

For the Credit Services subindustry, Dingyi Group Investment'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.


Dingyi Group Investment's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dingyi Group Investment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dingyi Group Investment's Gross Margin % falls into.



Dingyi Group Investment Gross Margin % Calculation

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

Dingyi Group Investment'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 )
=233.9 / 1216.573
=(Revenue - Cost of Goods Sold) / Revenue
=(1216.573 - 982.658) / 1216.573
=19.23 %

Dingyi Group Investment'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 )
=55.4 / 117.777
=(Revenue - Cost of Goods Sold) / Revenue
=(117.777 - 62.415) / 117.777
=47.01 %

* 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.


Dingyi Group Investment  (HKSE:00508) 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

Dingyi Group Investment had a gross margin of 47.01% 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.


Dingyi Group Investment Gross Margin % Related Terms

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Dingyi Group Investment (HKSE:00508) Business Description

Traded in Other Exchanges
N/A
Address
1 Harbour Road, Units 2703, 27th Floor, Wanchai, Convention Plaza - Office Tower, Hong Kong, HKG
Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and property development, Its operating segments include securities trading business; loan financing business; and property development business of which it generates the majority of the revenue from the property development business.
Executives
Li Kwong Yuk 2101 Beneficial owner
Wincon Capital Investment Limited 2101 Beneficial owner
Zhong Guo Chuan Bo Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Shipbuilding Capital Limited 2101 Beneficial owner

Dingyi Group Investment (HKSE:00508) Headlines

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