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Amuse Group Holding (HKSE:08545) Gross Margin % : 15.02% (As of Sep. 2023)


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What is Amuse Group Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Amuse Group Holding's Gross Profit for the three months ended in Sep. 2023 was HK$7.7 Mil. Amuse Group Holding's Revenue for the three months ended in Sep. 2023 was HK$50.9 Mil. Therefore, Amuse Group Holding's Gross Margin % for the quarter that ended in Sep. 2023 was 15.02%.

Warning Sign:

Amuse Group Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


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

HKSE:08545' s Gross Margin % Range Over the Past 10 Years
Min: 16.11   Med: 22.56   Max: 29.31
Current: 21.44


During the past 8 years, the highest Gross Margin % of Amuse Group Holding was 29.31%. The lowest was 16.11%. And the median was 22.56%.

HKSE:08545's Gross Margin % is ranked worse than
82.36% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.23 vs HKSE:08545: 21.44

Amuse Group Holding had a gross margin of 15.02% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Amuse Group Holding was -8.60% per year.


Amuse Group Holding Gross Margin % Historical Data

The historical data trend for Amuse Group Holding'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.

Amuse Group Holding Gross Margin % Chart

Amuse Group Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 24.73 20.38 17.95 16.11 19.38

Amuse Group Holding 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 11.92 19.20 39.54 19.84 15.02

Competitive Comparison of Amuse Group Holding's Gross Margin %

For the Leisure subindustry, Amuse Group Holding'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.


Amuse Group Holding's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Amuse Group Holding's Gross Margin % distribution charts can be found below:

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



Amuse Group Holding Gross Margin % Calculation

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

Amuse Group Holding'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 )
=45.7 / 235.963
=(Revenue - Cost of Goods Sold) / Revenue
=(235.963 - 190.227) / 235.963
=19.38 %

Amuse Group Holding'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 )
=7.7 / 50.922
=(Revenue - Cost of Goods Sold) / Revenue
=(50.922 - 43.272) / 50.922
=15.02 %

* 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.


Amuse Group Holding  (HKSE:08545) 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

Amuse Group Holding had a gross margin of 15.02% for the quarter that ended in Sep. 2023 => No sustainable 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.


Amuse Group Holding Gross Margin % Related Terms

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Amuse Group Holding (HKSE:08545) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Yeung Uk Road, Flat B, 33/F, Plaza 88, Tsuen Wan, New Territories, Hong Kong, HKG
Amuse Group Holding Ltd is a Hong Kong-based toy company. It is engaged in the designing, marketing, distribution and retail sales of toys and related products. Some of its brands are TOPI, FLAME TOYS, and SENTINEL. The company manages its business through three divisions namely sales of ODM toys to license holders, distribution of imported toys and related products and sales of own licensed toys and related products. It generates a majority of its revenue from the sale of ODM toys division. Geographically, the company generates a majority of its revenue from Japan.

Amuse Group Holding (HKSE:08545) Headlines

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