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Genertec Universal Medical Group Co (HKSE:02666) Gross Margin % : 32.89% (As of Dec. 2023)


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What is Genertec Universal Medical Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Genertec Universal Medical Group Co's Gross Profit for the six months ended in Dec. 2023 was HK$2,524 Mil. Genertec Universal Medical Group Co's Revenue for the six months ended in Dec. 2023 was HK$7,674 Mil. Therefore, Genertec Universal Medical Group Co's Gross Margin % for the quarter that ended in Dec. 2023 was 32.89%.

Warning Sign:

Genertec Universal Medical Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.8%.


The historical rank and industry rank for Genertec Universal Medical Group Co's Gross Margin % or its related term are showing as below:

HKSE:02666' s Gross Margin % Range Over the Past 10 Years
Min: 33.49   Med: 53.15   Max: 64.24
Current: 33.49


During the past 10 years, the highest Gross Margin % of Genertec Universal Medical Group Co was 64.24%. The lowest was 33.49%. And the median was 53.15%.

HKSE:02666's Gross Margin % is ranked worse than
75.77% of 359 companies
in the Credit Services industry
Industry Median: 53.4 vs HKSE:02666: 33.49

Genertec Universal Medical Group Co had a gross margin of 32.89% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Genertec Universal Medical Group Co was -9.80% per year.


Genertec Universal Medical Group Co Gross Margin % Historical Data

The historical data trend for Genertec Universal Medical 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.

Genertec Universal Medical Group Co Gross Margin % Chart

Genertec Universal Medical Group Co 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 46.64 41.71 42.36 37.23 33.49

Genertec Universal Medical Group Co 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 37.41 41.68 33.23 34.13 32.89

Competitive Comparison of Genertec Universal Medical Group Co's Gross Margin %

For the Credit Services subindustry, Genertec Universal Medical 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.


Genertec Universal Medical Group Co's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Genertec Universal Medical Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Genertec Universal Medical Group Co's Gross Margin % falls into.



Genertec Universal Medical Group Co Gross Margin % Calculation

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

Genertec Universal Medical 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 )
=5000.6 / 14930.304
=(Revenue - Cost of Goods Sold) / Revenue
=(14930.304 - 9929.701) / 14930.304
=33.49 %

Genertec Universal Medical 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 )
=2524.2 / 7673.759
=(Revenue - Cost of Goods Sold) / Revenue
=(7673.759 - 5149.586) / 7673.759
=32.89 %

* 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.


Genertec Universal Medical Group Co  (HKSE:02666) 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

Genertec Universal Medical Group Co had a gross margin of 32.89% 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.


Genertec Universal Medical Group Co Gross Margin % Related Terms

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


Genertec Universal Medical Group Co (HKSE:02666) Business Description

Traded in Other Exchanges
Address
8-1 Chongwenmenwai Street, 4th, 5th and 13th Floor, West Wing of Hademen Plaza, Dongcheng District, Beijing, CHN
Genertec Universal Medical Group Co Ltd is principally engaged in providing financing to its customers under finance lease arrangements, the provision of advisory services, the sale of medical equipment as well as leases under operating lease arrangements, and the provision of other services. The Group has two business segments; The finance business comprises direct finance leasing, sale-and-leaseback, factoring, operating leases, and advisory services, and The hospital group business comprises medical services, hospital, and healthcare management, import and export trade, and domestic trade of medical-related goods and life cycle management of equipment assets. Geographically, it derives a majority of its revenue from Mainland China.
Executives
Citic Capital Holdings Limited 2201 Interest of corporation controlled by you
Tong Yong Ji Shu Ji Tuan Xiang Gang Guo Ji Zi Ben You Xian Gong Si 2101 Beneficial owner
Zhong Guo Tong Yong Ji Shu Ji Tuan Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Cp Management Holdings Limited 2201 Interest of corporation controlled by you
Trustar Capital Holdings Limited 2201 Interest of corporation controlled by you
Sounda Properties Limited 2201 Interest of corporation controlled by you
Chu Mang Yee 2201 Interest of corporation controlled by you
Meta Group Limited 2201 Interest of corporation controlled by you
Sounda Hopson Technology Holdings Limited 2201 Interest of corporation controlled by you
Sounda Hopson Technology Investment Limited 2201 Interest of corporation controlled by you
Zhang Yichen 2201 Interest of corporation controlled by you
Citic Capital Partners Limited 2201 Interest of corporation controlled by you

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