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South China Financial Holdings (HKSE:00619) Gross Margin % : 0.00% (As of Dec. 2023)


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What is South China Financial Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. South China Financial Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$30.35 Mil. South China Financial Holdings's Revenue for the six months ended in Dec. 2023 was HK$30.35 Mil. Therefore, South China Financial Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

HKSE:00619' s Gross Margin % Range Over the Past 10 Years
Min: -74.76   Med: 48.33   Max: 97.21
Current: -41.75


During the past 13 years, the highest Gross Margin % of South China Financial Holdings was 97.21%. The lowest was -74.76%. And the median was 48.33%.

HKSE:00619's Gross Margin % is ranked worse than
93.97% of 597 companies
in the Capital Markets industry
Industry Median: 50.38 vs HKSE:00619: -41.75

South China Financial Holdings had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for South China Financial Holdings was 0.00% per year.


South China Financial Holdings Gross Margin % Historical Data

The historical data trend for South China Financial 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.

South China Financial Holdings Gross Margin % Chart

South China Financial Holdings 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 92.20 -44.53 7.75 -74.76 -41.75

South China Financial Holdings 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 -147.73 152.64 -210.88 - -

Competitive Comparison of South China Financial Holdings's Gross Margin %

For the Capital Markets subindustry, South China Financial 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.


South China Financial Holdings's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, South China Financial Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where South China Financial Holdings's Gross Margin % falls into.



South China Financial Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

South China Financial Holdings'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 )
=-25.6 / 61.413
=(Revenue - Cost of Goods Sold) / Revenue
=(61.413 - 87.053) / 61.413
=-41.75 %

South China Financial Holdings'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 )
=30.3 / 30.349
=(Revenue - Cost of Goods Sold) / Revenue
=(30.349 - 0) / 30.349
=N/A %

* 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.


South China Financial Holdings  (HKSE:00619) 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

South China Financial Holdings had a gross margin of N/A% 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.


South China Financial Holdings Gross Margin % Related Terms

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


South China Financial Holdings (HKSE:00619) Business Description

Traded in Other Exchanges
N/A
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Financial Holdings Ltd is an investment holding company. Its business activities are segmented as Broking segment; Trading and investment segment; Margin financing and money lending segment; Corporate advisory and underwriting segment; Asset and wealth management segment; Property investment segment; Media publications and financial public relation services segment; Jewellery business segment; and other business segments that engage in the provision of clearing and custodian services. It generates key revenue from the Media publications and financial public relation services segment. The group generates prime revenue from Hong Kong.
Executives
Ng Yuk Yeung Paul 2101 Beneficial owner
Thousand China Investments Limited 2101 Beneficial owner
Ng Hung Sang 2201 Interest of corporation controlled by you
Ng Lai King Pamela 2202 Interest of your spouse
Total Grace Investments Limited 2101 Beneficial owner
Parkfield Holdings Limited 2101 Beneficial owner
Fung Shing Group Limited 2101 Beneficial owner

South China Financial Holdings (HKSE:00619) Headlines

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