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Xinhua Winshare Publishing & Media Co (HKSE:00811) Gross Margin % : 34.19% (As of Mar. 2024)


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What is Xinhua Winshare Publishing & Media Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Xinhua Winshare Publishing & Media Co's Gross Profit for the three months ended in Mar. 2024 was HK$919 Mil. Xinhua Winshare Publishing & Media Co's Revenue for the three months ended in Mar. 2024 was HK$2,687 Mil. Therefore, Xinhua Winshare Publishing & Media Co's Gross Margin % for the quarter that ended in Mar. 2024 was 34.19%.


The historical rank and industry rank for Xinhua Winshare Publishing & Media Co's Gross Margin % or its related term are showing as below:

HKSE:00811' s Gross Margin % Range Over the Past 10 Years
Min: 36.2   Med: 37.78   Max: 39.68
Current: 38.4


During the past 13 years, the highest Gross Margin % of Xinhua Winshare Publishing & Media Co was 39.68%. The lowest was 36.20%. And the median was 37.78%.

HKSE:00811's Gross Margin % is ranked worse than
50.41% of 964 companies
in the Media - Diversified industry
Industry Median: 38.555 vs HKSE:00811: 38.40

Xinhua Winshare Publishing & Media Co had a gross margin of 34.19% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Xinhua Winshare Publishing & Media Co was -0.40% per year.


Xinhua Winshare Publishing & Media Co Gross Margin % Historical Data

The historical data trend for Xinhua Winshare Publishing & Media Co'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.

Xinhua Winshare Publishing & Media Co Gross Margin % Chart

Xinhua Winshare Publishing & Media Co 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 38.25 39.46 36.46 36.75 38.04

Xinhua Winshare Publishing & Media Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32.31 43.67 29.91 42.32 34.19

Competitive Comparison of Xinhua Winshare Publishing & Media Co's Gross Margin %

For the Publishing subindustry, Xinhua Winshare Publishing & Media Co'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.


Xinhua Winshare Publishing & Media Co's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xinhua Winshare Publishing & Media Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Xinhua Winshare Publishing & Media Co's Gross Margin % falls into.



Xinhua Winshare Publishing & Media Co Gross Margin % Calculation

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

Xinhua Winshare Publishing & Media Co'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 )
=4938.8 / 12981.504
=(Revenue - Cost of Goods Sold) / Revenue
=(12981.504 - 8042.75) / 12981.504
=38.04 %

Xinhua Winshare Publishing & Media Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=918.9 / 2687.337
=(Revenue - Cost of Goods Sold) / Revenue
=(2687.337 - 1768.45) / 2687.337
=34.19 %

* 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.


Xinhua Winshare Publishing & Media Co  (HKSE:00811) 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

Xinhua Winshare Publishing & Media Co had a gross margin of 34.19% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Xinhua Winshare Publishing & Media Co Gross Margin % Related Terms

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Xinhua Winshare Publishing & Media Co (HKSE:00811) Business Description

Traded in Other Exchanges
Address
No. 238 Sanse Road, Unit 1, Block 1, Jinjiang District, Sichuan, Chengdu, CHN
Xinhua Winshare Publishing & Media Co Ltd is engaged in the publishing of books, periodicals and audio-visual products and distribution of textbooks and supplementary materials. It operates its activity in China through two operating segments; the Publication segment which includes the publishing of books, periodicals and audiovisual products and the Distribution segment which comprises of distribution of textbooks and supplementary materials. The group generates a majority of its revenue from the Distribution segment.

Xinhua Winshare Publishing & Media Co (HKSE:00811) Headlines

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