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Pou Sheng International (Holdings) (HKSE:03813) Gross Margin % : 35.65% (As of Dec. 2023)


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What is Pou Sheng International (Holdings) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pou Sheng International (Holdings)'s Gross Profit for the three months ended in Dec. 2023 was HK$1,802 Mil. Pou Sheng International (Holdings)'s Revenue for the three months ended in Dec. 2023 was HK$5,054 Mil. Therefore, Pou Sheng International (Holdings)'s Gross Margin % for the quarter that ended in Dec. 2023 was 35.65%.


The historical rank and industry rank for Pou Sheng International (Holdings)'s Gross Margin % or its related term are showing as below:

HKSE:03813' s Gross Margin % Range Over the Past 10 Years
Min: 29.31   Med: 33.89   Max: 35.88
Current: 33.91


During the past 13 years, the highest Gross Margin % of Pou Sheng International (Holdings) was 35.88%. The lowest was 29.31%. And the median was 33.89%.

HKSE:03813's Gross Margin % is ranked better than
62.43% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.51 vs HKSE:03813: 33.91

Pou Sheng International (Holdings) had a gross margin of 35.65% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Pou Sheng International (Holdings) was 0.90% per year.


Pou Sheng International (Holdings) Gross Margin % Historical Data

The historical data trend for Pou Sheng 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.

Pou Sheng International (Holdings) Gross Margin % Chart

Pou Sheng International (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 34.11 30.56 35.54 35.88 33.67

Pou Sheng International (Holdings) Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 37.34 35.36 - 32.07 35.65

Competitive Comparison of Pou Sheng International (Holdings)'s Gross Margin %

For the Footwear & Accessories subindustry, Pou Sheng 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.


Pou Sheng International (Holdings)'s Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Sheng International (Holdings)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pou Sheng International (Holdings)'s Gross Margin % falls into.



Pou Sheng International (Holdings) Gross Margin % Calculation

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

Pou Sheng International (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 )
=7389.5 / 21946.123
=(Revenue - Cost of Goods Sold) / Revenue
=(21946.123 - 14556.575) / 21946.123
=33.67 %

Pou Sheng International (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 )
=1802 / 5054.179
=(Revenue - Cost of Goods Sold) / Revenue
=(5054.179 - 3252.178) / 5054.179
=35.65 %

* 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.


Pou Sheng International (Holdings)  (HKSE:03813) 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

Pou Sheng International (Holdings) had a gross margin of 35.65% 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.


Pou Sheng International (Holdings) Gross Margin % Related Terms

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Pou Sheng International (Holdings) (HKSE:03813) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Pou Sheng International (Holdings) Ltd is an investment holding company. The principal activities of the Group are the distribution and retailing of sportswear and footwear products, the provision of sports services, and the provision of large-scale commercial spaces to retailers and distributors for commissions from concessionaire sales. The group's operations are mainly located in the PRC.

Pou Sheng International (Holdings) (HKSE:03813) Headlines

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