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Raily Aesthetic Medicine International Holdings (HKSE:02135) Gross Margin % : 40.00% (As of Jun. 2023)


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What is Raily Aesthetic Medicine International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Raily Aesthetic Medicine International Holdings's Gross Profit for the six months ended in Jun. 2023 was HK$42.7 Mil. Raily Aesthetic Medicine International Holdings's Revenue for the six months ended in Jun. 2023 was HK$106.7 Mil. Therefore, Raily Aesthetic Medicine International Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 40.00%.

Warning Sign:

Raily Aesthetic Medicine International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.5%.


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

HKSE:02135' s Gross Margin % Range Over the Past 10 Years
Min: 37   Med: 50.79   Max: 66.01
Current: 37.75


During the past 7 years, the highest Gross Margin % of Raily Aesthetic Medicine International Holdings was 66.01%. The lowest was 37.00%. And the median was 50.79%.

HKSE:02135's Gross Margin % is ranked worse than
55.01% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.74 vs HKSE:02135: 37.75

Raily Aesthetic Medicine International Holdings had a gross margin of 40.00% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Raily Aesthetic Medicine International Holdings was -10.50% per year.


Raily Aesthetic Medicine International Holdings Gross Margin % Historical Data

The historical data trend for Raily Aesthetic Medicine 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.

Raily Aesthetic Medicine International Holdings Gross Margin % Chart

Raily Aesthetic Medicine International Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 52.86 48.72 37.00 40.59 37.75

Raily Aesthetic Medicine International Holdings Semi-Annual Data
Dec17 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 33.65 47.01 31.95 40.00 35.36

Competitive Comparison of Raily Aesthetic Medicine International Holdings's Gross Margin %

For the Medical Care Facilities subindustry, Raily Aesthetic Medicine 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.


Raily Aesthetic Medicine International Holdings's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Raily Aesthetic Medicine International Holdings's Gross Margin % distribution charts can be found below:

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



Raily Aesthetic Medicine International Holdings Gross Margin % Calculation

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

Raily Aesthetic Medicine International Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=74.6 / 183.724
=(Revenue - Cost of Goods Sold) / Revenue
=(183.724 - 109.146) / 183.724
=40.59 %

Raily Aesthetic Medicine International Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=42.7 / 106.731
=(Revenue - Cost of Goods Sold) / Revenue
=(106.731 - 64.042) / 106.731
=40.00 %

* 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.


Raily Aesthetic Medicine International Holdings  (HKSE:02135) 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

Raily Aesthetic Medicine International Holdings had a gross margin of 40.00% for the quarter that ended in Jun. 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.


Raily Aesthetic Medicine International Holdings Gross Margin % Related Terms

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Raily Aesthetic Medicine International Holdings (HKSE:02135) Business Description

Traded in Other Exchanges
N/A
Address
No. 290 North Zhongshan Road, 3-5th Floor, Minhang Tower, Gongshu District, Hangzhou, CHN
Raily Aesthetic Medicine International Holdings Ltd is an aesthetic medical service provider in Zhejiang Province, the PRC. It offers a broad range of aesthetic medical services to clients to meet their different aesthetic and anti-aging objectives. The group is organized into business units based on their services and has three reportable operating segments namely Aesthetic medical services which comprise principally inpatient services including surgical services and outpatient services including injection service, dermatology services, and others; and Consulting service segment which comprise principally management consulting services. Aesthetic medical equipment products comprise principally sales of surgical implants and aesthetic medical skincare products.

Raily Aesthetic Medicine International Holdings (HKSE:02135) Headlines

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