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Sunshine 100 China Holdings (HKSE:02608) Gross Margin % : 27.45% (As of Dec. 2023)


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What is Sunshine 100 China Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sunshine 100 China Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$290 Mil. Sunshine 100 China Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,056 Mil. Therefore, Sunshine 100 China Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 27.45%.

Warning Sign:

Sunshine 100 China Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


The historical rank and industry rank for Sunshine 100 China Holdings's Gross Margin % or its related term are showing as below:

HKSE:02608' s Gross Margin % Range Over the Past 10 Years
Min: 13.98   Med: 20.17   Max: 26.56
Current: 18.8


During the past 12 years, the highest Gross Margin % of Sunshine 100 China Holdings was 26.56%. The lowest was 13.98%. And the median was 20.17%.

HKSE:02608's Gross Margin % is ranked worse than
77.38% of 1658 companies
in the Real Estate industry
Industry Median: 36.66 vs HKSE:02608: 18.80

Sunshine 100 China Holdings had a gross margin of 27.45% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sunshine 100 China Holdings was -5.60% per year.


Sunshine 100 China Holdings Gross Margin % Historical Data

The historical data trend for Sunshine 100 China 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.

Sunshine 100 China Holdings Gross Margin % Chart

Sunshine 100 China 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 25.34 26.56 13.98 19.34 18.80

Sunshine 100 China 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 6.63 16.57 22.18 11.46 27.45

Competitive Comparison of Sunshine 100 China Holdings's Gross Margin %

For the Real Estate - Development subindustry, Sunshine 100 China 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.


Sunshine 100 China Holdings's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine 100 China Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sunshine 100 China Holdings's Gross Margin % falls into.



Sunshine 100 China Holdings Gross Margin % Calculation

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

Sunshine 100 China 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 )
=432.2 / 2299.055
=(Revenue - Cost of Goods Sold) / Revenue
=(2299.055 - 1866.891) / 2299.055
=18.80 %

Sunshine 100 China 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 )
=289.7 / 1055.563
=(Revenue - Cost of Goods Sold) / Revenue
=(1055.563 - 765.859) / 1055.563
=27.45 %

* 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.


Sunshine 100 China Holdings  (HKSE:02608) 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

Sunshine 100 China Holdings had a gross margin of 27.45% 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.


Sunshine 100 China Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sunshine 100 China Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunshine 100 China Holdings (HKSE:02608) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026
Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.
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Jin Xiangfei 2401 A concert party to an agreement to buy shares
Liu Chaohui 2401 A concert party to an agreement to buy shares
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Fan Xiaochong 2307 Founder of a discretionary trust who can infl
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