GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suga International Holdings Ltd (HKSE:00912) » Definitions » Gross Margin %

Suga International Holdings (HKSE:00912) Gross Margin % : 14.50% (As of Sep. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Suga International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Suga International Holdings's Gross Profit for the six months ended in Sep. 2023 was HK$104 Mil. Suga International Holdings's Revenue for the six months ended in Sep. 2023 was HK$718 Mil. Therefore, Suga International Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 14.50%.


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

HKSE:00912' s Gross Margin % Range Over the Past 10 Years
Min: 12.78   Med: 13.96   Max: 15.81
Current: 14.04


During the past 13 years, the highest Gross Margin % of Suga International Holdings was 15.81%. The lowest was 12.78%. And the median was 13.96%.

HKSE:00912's Gross Margin % is ranked worse than
75.23% of 2438 companies
in the Hardware industry
Industry Median: 24.405 vs HKSE:00912: 14.04

Suga International Holdings had a gross margin of 14.50% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Suga International Holdings was -0.80% per year.


Suga International Holdings Gross Margin % Historical Data

The historical data trend for Suga International 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.

Suga International Holdings Gross Margin % Chart

Suga International Holdings 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 13.50 12.78 13.64 13.89 14.05

Suga International Holdings 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 13.42 14.43 14.51 13.57 14.50

Competitive Comparison of Suga International Holdings's Gross Margin %

For the Consumer Electronics subindustry, Suga International 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.


Suga International Holdings's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suga International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Suga International Holdings's Gross Margin % falls into.



Suga International Holdings Gross Margin % Calculation

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

Suga International Holdings'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 )
=202.9 / 1443.482
=(Revenue - Cost of Goods Sold) / Revenue
=(1443.482 - 1240.604) / 1443.482
=14.05 %

Suga International Holdings'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 )
=104.1 / 717.521
=(Revenue - Cost of Goods Sold) / Revenue
=(717.521 - 613.461) / 717.521
=14.50 %

* 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.


Suga International Holdings  (HKSE:00912) 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

Suga International Holdings had a gross margin of 14.50% for the quarter that ended in Sep. 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.


Suga International Holdings Gross Margin % Related Terms

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


Suga International Holdings (HKSE:00912) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Wang Kwong Road, 22nd Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Suga International Holdings Ltd is an investment holding company. The company is engaged in the research and development, manufacture, and sale of electronic and other products. Its operating segment includes Electronic products and Pet related products. The company generates maximum revenue from the Electronic products segment. It offers Professional audio equipment, an Asset tracker with IoT technology; Telephones for the hearing impaired; Telecommunication products, General household consumer appliances, and Electronic payment products. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Japan, The People's Republic of China, Taiwan, Australia, Germany, France, the United Kingdom, and other countries.
Executives
Ng Man Cheuk 2101 Beneficial owner
Lee Wai Fun 2101 Beneficial owner
Ng Chi Ho 2101 Beneficial owner
Billion Linkage Limited
Superior View Inc. 2101 Beneficial owner

Suga International Holdings (HKSE:00912) Headlines

No Headlines