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C&D Property Management Group Co (HKSE:02156) Gross Margin % : 29.58% (As of Dec. 2023)


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What is C&D Property Management Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. C&D Property Management Group Co's Gross Profit for the six months ended in Dec. 2023 was HK$711 Mil. C&D Property Management Group Co's Revenue for the six months ended in Dec. 2023 was HK$2,402 Mil. Therefore, C&D Property Management Group Co's Gross Margin % for the quarter that ended in Dec. 2023 was 29.58%.


The historical rank and industry rank for C&D Property Management Group Co's Gross Margin % or its related term are showing as below:

HKSE:02156' s Gross Margin % Range Over the Past 10 Years
Min: 22.89   Med: 24.47   Max: 28.06
Current: 28.06


During the past 7 years, the highest Gross Margin % of C&D Property Management Group Co was 28.06%. The lowest was 22.89%. And the median was 24.47%.

HKSE:02156's Gross Margin % is ranked worse than
62.5% of 1656 companies
in the Real Estate industry
Industry Median: 36.6 vs HKSE:02156: 28.06

C&D Property Management Group Co had a gross margin of 29.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for C&D Property Management Group Co was 3.10% per year.


C&D Property Management Group Co Gross Margin % Historical Data

The historical data trend for C&D Property Management 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.

C&D Property Management Group Co Gross Margin % Chart

C&D Property Management Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 22.89 24.47 25.01 23.44 28.06

C&D Property Management Group Co 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 23.96 25.64 21.75 25.62 29.58

Competitive Comparison of C&D Property Management Group Co's Gross Margin %

For the Real Estate Services subindustry, C&D Property Management 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.


C&D Property Management Group Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, C&D Property Management Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where C&D Property Management Group Co's Gross Margin % falls into.



C&D Property Management Group Co Gross Margin % Calculation

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

C&D Property Management 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 )
=1095.4 / 3904.051
=(Revenue - Cost of Goods Sold) / Revenue
=(3904.051 - 2808.669) / 3904.051
=28.06 %

C&D Property Management 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 )
=710.7 / 2402.296
=(Revenue - Cost of Goods Sold) / Revenue
=(2402.296 - 1691.638) / 2402.296
=29.58 %

* 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.


C&D Property Management Group Co  (HKSE:02156) 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

C&D Property Management Group Co had a gross margin of 29.58% 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.


C&D Property Management Group Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of C&D Property Management Group Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


C&D Property Management Group Co (HKSE:02156) Business Description

Traded in Other Exchanges
N/A
Address
No.1699 Huandao East Road, Unit 703, 7th Floor, C&D International Building, Xiamen, CHN
C&D Property Management Group Co Ltd is an investment holding company with its subsidiaries engaged in providing property management services, community and synergy services, and services to non-property owners in the People's Republic of China.
Executives
Sha Men Jian Fa Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Fa Fang Di Chan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Yi Neng Guo Ji You Xian Gong Si 2101 Beneficial owner
Yi Hong Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Fa Guo Ji Tou Zi Ji Tuan You Xian Gong Si 2501 Other
Sha Men Jian Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Richard 2201 Interest of corporation controlled by you
Olp Capital Management Limited 2102 Investment manager
Rcwl Inc. 2201 Interest of corporation controlled by you
Shen Di Fan 2201 Interest of corporation controlled by you
Cederberg Capital (cayman) 2201 Interest of corporation controlled by you
Cederberg Capital (cayman) Gp 2201 Interest of corporation controlled by you
Krige Dawid 2201 Interest of corporation controlled by you
Bowie Krige Michelle Beatrice Wright 2201 Interest of corporation controlled by you

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