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S.A.I. Leisure Group Co (HKSE:01832) Gross Margin % : 42.12% (As of Dec. 2023)


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What is S.A.I. Leisure Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. S.A.I. Leisure Group Co's Gross Profit for the six months ended in Dec. 2023 was HK$73.9 Mil. S.A.I. Leisure Group Co's Revenue for the six months ended in Dec. 2023 was HK$175.4 Mil. Therefore, S.A.I. Leisure Group Co's Gross Margin % for the quarter that ended in Dec. 2023 was 42.12%.

Warning Sign:

S.A.I. Leisure Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -15.3%.


The historical rank and industry rank for S.A.I. Leisure Group Co's Gross Margin % or its related term are showing as below:

HKSE:01832' s Gross Margin % Range Over the Past 10 Years
Min: 20   Med: 62.3   Max: 80.21
Current: 35.63


During the past 8 years, the highest Gross Margin % of S.A.I. Leisure Group Co was 80.21%. The lowest was 20.00%. And the median was 62.30%.

HKSE:01832's Gross Margin % is ranked worse than
62.95% of 772 companies
in the Travel & Leisure industry
Industry Median: 43.215 vs HKSE:01832: 35.63

S.A.I. Leisure Group Co had a gross margin of 42.12% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for S.A.I. Leisure Group Co was -15.30% per year.


S.A.I. Leisure Group Co Gross Margin % Historical Data

The historical data trend for S.A.I. Leisure Group 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.

S.A.I. Leisure Group Co Gross Margin % Chart

S.A.I. Leisure Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 58.34 76.02 80.21 20.00 35.64

S.A.I. Leisure Group Co Semi-Annual Data
Dec16 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 108.87 53.93 -31.01 25.54 42.12

Competitive Comparison of S.A.I. Leisure Group Co's Gross Margin %

For the Lodging subindustry, S.A.I. Leisure Group 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.


S.A.I. Leisure Group Co's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, S.A.I. Leisure Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where S.A.I. Leisure Group Co's Gross Margin % falls into.



S.A.I. Leisure Group Co Gross Margin % Calculation

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

S.A.I. Leisure Group 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 )
=102.6 / 287.768
=(Revenue - Cost of Goods Sold) / Revenue
=(287.768 - 185.202) / 287.768
=35.64 %

S.A.I. Leisure Group Co'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 )
=73.9 / 175.377
=(Revenue - Cost of Goods Sold) / Revenue
=(175.377 - 101.512) / 175.377
=42.12 %

* 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.


S.A.I. Leisure Group Co  (HKSE:01832) 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

S.A.I. Leisure Group Co had a gross margin of 42.12% 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.


S.A.I. Leisure Group Co Gross Margin % Related Terms

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S.A.I. Leisure Group Co (HKSE:01832) Business Description

Traded in Other Exchanges
N/A
Address
57 Hung To Road, 5th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
S.A.I. Leisure Group Co Ltd operates as a tourism group in the tropical islands of Saipan and Guam. The company's portfolio includes hotels and resorts in Saipan and Guam catering to a wide range of recreational needs. It also provides full-range hospitality services, including food and beverage, meetings, banquets and much more. It also runs souvenir and amenities stores, offers booking services for third-party operated activities and tours, and work with tour operators to provide destination-based concierge and travel management services to their guests. The company three reportable segments are Hotels and resorts; Luxury travel retail; and Destination services.
Executives
Tan Henry 2201 Interest of corporation controlled by you
Leap Forward Limited 2201 Interest of corporation controlled by you
Supreme Success Limited 2201 Interest of corporation controlled by you
Tan Holdings Corporation 2201 Interest of corporation controlled by you
Thc Leisure Holdings Limited 2101 Beneficial owner
Tan Siu Lin 2201 Interest of corporation controlled by you

S.A.I. Leisure Group Co (HKSE:01832) Headlines

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