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Zhong Ji Longevity Science Group (HKSE:00767) Gross Margin % : 84.93% (As of Dec. 2023)


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What is Zhong Ji Longevity Science Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zhong Ji Longevity Science Group's Gross Profit for the six months ended in Dec. 2023 was HK$29.79 Mil. Zhong Ji Longevity Science Group's Revenue for the six months ended in Dec. 2023 was HK$35.08 Mil. Therefore, Zhong Ji Longevity Science Group's Gross Margin % for the quarter that ended in Dec. 2023 was 84.93%.


The historical rank and industry rank for Zhong Ji Longevity Science Group's Gross Margin % or its related term are showing as below:

HKSE:00767' s Gross Margin % Range Over the Past 10 Years
Min: 84.93   Med: 94.61   Max: 99.86
Current: 86.6


During the past 13 years, the highest Gross Margin % of Zhong Ji Longevity Science Group was 99.86%. The lowest was 84.93%. And the median was 94.61%.

HKSE:00767's Gross Margin % is ranked better than
86.63% of 359 companies
in the Credit Services industry
Industry Median: 53.4 vs HKSE:00767: 86.60

Zhong Ji Longevity Science Group had a gross margin of 84.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zhong Ji Longevity Science Group was 0.00% per year.


Zhong Ji Longevity Science Group Gross Margin % Historical Data

The historical data trend for Zhong Ji Longevity Science 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.

* Premium members only.

Zhong Ji Longevity Science Group Gross Margin % Chart

Zhong Ji Longevity Science Group 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 95.72 90.55 84.93 93.50 86.60

Zhong Ji Longevity Science Group 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 83.92 88.06 96.67 88.55 84.93

Competitive Comparison of Zhong Ji Longevity Science Group's Gross Margin %

For the Credit Services subindustry, Zhong Ji Longevity Science 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.


Zhong Ji Longevity Science Group's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zhong Ji Longevity Science Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhong Ji Longevity Science Group's Gross Margin % falls into.



Zhong Ji Longevity Science Group Gross Margin % Calculation

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

Zhong Ji Longevity Science Group'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 )
=56.3 / 64.989
=(Revenue - Cost of Goods Sold) / Revenue
=(64.989 - 8.709) / 64.989
=86.60 %

Zhong Ji Longevity Science Group'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 )
=29.8 / 35.078
=(Revenue - Cost of Goods Sold) / Revenue
=(35.078 - 5.285) / 35.078
=84.93 %

* 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.


Zhong Ji Longevity Science Group  (HKSE:00767) 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

Zhong Ji Longevity Science Group had a gross margin of 84.93% for the quarter that ended in Dec. 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.


Zhong Ji Longevity Science Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Zhong Ji Longevity Science Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhong Ji Longevity Science Group (HKSE:00767) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Suite Nos. 01-03, 19th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
Zhong Ji Longevity Science Group Ltd is an investment holding company engaged in the business of loan facilitation services business, money lending business, securities and investment business, financial and investment advisory and property investment. It is also engaged in research and development and production of longevity biological products, as well as the development of medical service business including cell and gene therapy and detection test. Its segments consist of Loan facilitation services; Money lending; Securities and other investments; Financial and investment advisory; and Property investment. It derives the majority of revenue from Money Lending segment that loan financing for interest income.
Executives
Chainrai Balram 2101 Beneficial owner
Butani Pap Udharam 2101 Beneficial owner
Li Yan 2101 Beneficial owner
So Hoi Wing Jackson 2101 Beneficial owner
Wong So Wai
Speedy Brilliant Investments Limited 2101 Beneficial owner
Zhou Disun 2201 Interest of corporation controlled by you
Allied Summit Inc. 2101 Beneficial owner
Su Weibiao 2201 Interest of corporation controlled by you
Ma Hongyi 2201 Interest of corporation controlled by you
Harmony Delight Holdings Limited 2101 Beneficial owner
China International Osteoarticular Medical Group Limited 2201 Interest of corporation controlled by you
Zhong Ji 1 International Medical Group (hong Kong) Limited 2101 Beneficial owner
Ng Kwok Fai 2201 Interest of corporation controlled by you
Su Weibiao 2101 Beneficial owner

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