GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yan Tat Group Holdings Ltd (HKSE:01480) » Definitions » Gross Margin %

Yan Tat Group Holdings (HKSE:01480) Gross Margin % : 25.24% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Yan Tat Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yan Tat Group Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$80.6 Mil. Yan Tat Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$319.3 Mil. Therefore, Yan Tat Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 25.24%.


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

HKSE:01480' s Gross Margin % Range Over the Past 10 Years
Min: 18.72   Med: 22.69   Max: 26.54
Current: 26.54


During the past 11 years, the highest Gross Margin % of Yan Tat Group Holdings was 26.54%. The lowest was 18.72%. And the median was 22.69%.

HKSE:01480's Gross Margin % is ranked better than
54.16% of 2439 companies
in the Hardware industry
Industry Median: 24.38 vs HKSE:01480: 26.54

Yan Tat Group Holdings had a gross margin of 25.24% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yan Tat Group Holdings was 1.80% per year.


Yan Tat Group Holdings Gross Margin % Historical Data

The historical data trend for Yan Tat Group 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.

Yan Tat Group Holdings Gross Margin % Chart

Yan Tat Group 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 22.81 23.25 18.72 24.31 26.54

Yan Tat Group 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 18.24 22.13 26.52 27.89 25.24

Competitive Comparison of Yan Tat Group Holdings's Gross Margin %

For the Electronic Components subindustry, Yan Tat Group 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.


Yan Tat Group Holdings's Gross Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Yan Tat Group Holdings's Gross Margin % falls into.



Yan Tat Group Holdings Gross Margin % Calculation

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

Yan Tat Group 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 )
=167.1 / 629.43
=(Revenue - Cost of Goods Sold) / Revenue
=(629.43 - 462.36) / 629.43
=26.54 %

Yan Tat Group 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 )
=80.6 / 319.264
=(Revenue - Cost of Goods Sold) / Revenue
=(319.264 - 238.69) / 319.264
=25.24 %

* 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.


Yan Tat Group Holdings  (HKSE:01480) 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

Yan Tat Group Holdings had a gross margin of 25.24% for the quarter that ended in Dec. 2023 => 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.


Yan Tat Group Holdings Gross Margin % Related Terms

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


Yan Tat Group Holdings (HKSE:01480) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Yantat Road (West Gate), 81 Lijing South Road (East Main Gate), Pingshan New District, Shenzhen, CHN
Yan Tat Group Holdings Ltd is engaged in the manufacture and sale of printed circuit boards (PCB). The company's conventional and special material PCBs comprise three product categories, Single-sided, Double-sided, and Multi-layered. Its products are principally used in sectors such as communication, automobile, industrial automation, consumer electronics, and medicine. In addition, it is also involved in the property holding business. The company has a business presence in Mainland China, Europe, Hong Kong, North America, Asia, Africa, Oceania, and South America, of which key revenue is generated from Mainland China.

Yan Tat Group Holdings (HKSE:01480) Headlines

No Headlines