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Satu Holdings (HKSE:08392) Gross Margin % : 30.53% (As of Sep. 2023)


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What is Satu Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Satu Holdings's Gross Profit for the three months ended in Sep. 2023 was HK$3.24 Mil. Satu Holdings's Revenue for the three months ended in Sep. 2023 was HK$10.60 Mil. Therefore, Satu Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 30.53%.

Warning Sign:

Satu Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


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

HKSE:08392' s Gross Margin % Range Over the Past 10 Years
Min: 23.49   Med: 30.37   Max: 39.45
Current: 28.02


During the past 8 years, the highest Gross Margin % of Satu Holdings was 39.45%. The lowest was 23.49%. And the median was 30.37%.

HKSE:08392's Gross Margin % is ranked worse than
52.45% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.825 vs HKSE:08392: 28.02

Satu Holdings had a gross margin of 30.53% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Satu Holdings was -3.60% per year.


Satu Holdings Gross Margin % Historical Data

The historical data trend for Satu 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.

Satu Holdings Gross Margin % Chart

Satu Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 29.78 25.82 30.34 23.49 30.39

Satu Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 33.41 31.60 17.98 31.48 30.53

Competitive Comparison of Satu Holdings's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Satu 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.


Satu Holdings's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Satu Holdings's Gross Margin % distribution charts can be found below:

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



Satu Holdings Gross Margin % Calculation

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

Satu Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=18.6 / 61.225
=(Revenue - Cost of Goods Sold) / Revenue
=(61.225 - 42.616) / 61.225
=30.39 %

Satu Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=3.2 / 10.598
=(Revenue - Cost of Goods Sold) / Revenue
=(10.598 - 7.362) / 10.598
=30.53 %

* 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.


Satu Holdings  (HKSE:08392) 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

Satu Holdings had a gross margin of 30.53% for the quarter that ended in Sep. 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.


Satu Holdings Gross Margin % Related Terms

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Satu Holdings (HKSE:08392) Business Description

Traded in Other Exchanges
N/A
Address
57 Hung To Road, Unit 2504, 25th Floor, Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG
Satu Holdings Ltd is a company principally engaged in the design, development, and production management of homeware products. The Company's products are classified into three categories including home decorations, bathroom accessories, and kitchenware and tableware. The Company's home decorations products are the decorations exhibited at home, including vases, tealight holders, and jewelry dishes. The Company's kitchenware and tableware products are utensils used in the kitchen and articles used on the table at meals, including teapots, cups, and oil bottles.

Satu Holdings (HKSE:08392) Headlines

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