GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ziyuanyuan Holdings Group Ltd (HKSE:08223) » Definitions » Gross Margin %

Ziyuanyuan Holdings Group (HKSE:08223) Gross Margin % : 96.87% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Ziyuanyuan Holdings Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ziyuanyuan Holdings Group's Gross Profit for the three months ended in Dec. 2023 was HK$272.0 Mil. Ziyuanyuan Holdings Group's Revenue for the three months ended in Dec. 2023 was HK$280.7 Mil. Therefore, Ziyuanyuan Holdings Group's Gross Margin % for the quarter that ended in Dec. 2023 was 96.87%.


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

HKSE:08223' s Gross Margin % Range Over the Past 10 Years
Min: 42.96   Med: 66.57   Max: 91.02
Current: 90.64


During the past 9 years, the highest Gross Margin % of Ziyuanyuan Holdings Group was 91.02%. The lowest was 42.96%. And the median was 66.57%.

HKSE:08223's Gross Margin % is ranked better than
90.53% of 359 companies
in the Credit Services industry
Industry Median: 53.4 vs HKSE:08223: 90.64

Ziyuanyuan Holdings Group had a gross margin of 96.87% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ziyuanyuan Holdings Group was 7.80% per year.


Ziyuanyuan Holdings Group Gross Margin % Historical Data

The historical data trend for Ziyuanyuan Holdings Group'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.

Ziyuanyuan Holdings Group Gross Margin % Chart

Ziyuanyuan Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 61.49 62.34 68.89 84.89 91.02

Ziyuanyuan Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 86.25 78.45 88.68 81.41 96.87

Competitive Comparison of Ziyuanyuan Holdings Group's Gross Margin %

For the Credit Services subindustry, Ziyuanyuan Holdings Group'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.


Ziyuanyuan Holdings Group's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ziyuanyuan Holdings Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ziyuanyuan Holdings Group's Gross Margin % falls into.



Ziyuanyuan Holdings Group Gross Margin % Calculation

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

Ziyuanyuan Holdings Group'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 )
=495.7 / 544.653
=(Revenue - Cost of Goods Sold) / Revenue
=(544.653 - 48.937) / 544.653
=91.02 %

Ziyuanyuan Holdings Group'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 )
=272 / 280.747
=(Revenue - Cost of Goods Sold) / Revenue
=(280.747 - 8.791) / 280.747
=96.87 %

* 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.


Ziyuanyuan Holdings Group  (HKSE:08223) 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

Ziyuanyuan Holdings Group had a gross margin of 96.87% for the quarter that ended in Dec. 2023 => Durable competitive advantage


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.


Ziyuanyuan Holdings Group Gross Margin % Related Terms

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


Ziyuanyuan Holdings Group (HKSE:08223) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Daxin Road, 10th Floor, Block A, Majialong Innovation Building, Nanshan District, Shenzhen, CHN
Ziyuanyuan Holdings Group Ltd is principally engaged in the provision of medical equipment finance leasing services and maternal and child postpartum care industry services in the PRC. The segments of the group are Finance leasing, Postpartum care service and Trading of medical equipment and consumables. Geographically, it derives revenue from the PRC.
Executives
Hero Global Limited 2101 Beneficial owner
Icon Global Holding Limited 2401 A concert party to an agreement to buy shares
Tang Yiping 2202 Interest of your spouse
Zhang Junshen 2201 Interest of corporation controlled by you
Zhang Junwei 2401 A concert party to an agreement to buy shares

Ziyuanyuan Holdings Group (HKSE:08223) Headlines

No Headlines