The historical rank and industry rank for Linmon Media's Gross Margin % or its related term are showing as below:
HKSE:09857'
s Gross Margin % Range Over the Past 10 Years
Min: 22.34 Med: 39.31 Max: 44.76
Current: 39.42
During the past 5 years, the highestGross Margin % of Linmon Media was 44.76%. The lowest was 22.34%. And the median was 39.31%.
HKSE:09857's Gross Margin % is ranked better than 52.23% of 965
companies
in the Media - Diversified industry
Industry Median: 37.97
vs HKSE:09857: 39.42
Linmon Media had a gross margin of 33.98% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Linmon Media was 0.00% per year.
Linmon Media Gross Margin % Historical Data
The historical data trend for Linmon Media'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.
Competitive Comparison of Linmon Media's Gross Margin %
For the Entertainment subindustry, Linmon Media'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.
Linmon Media's Gross Margin % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Linmon Media's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Linmon Media's Gross Margin % falls into.
* 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.
Linmon Media (HKSE:09857) 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
Linmon Media had a gross margin of 33.98% 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.
Linmon Media Gross Margin % Related Terms
Thank you for viewing the detailed overview of Linmon Media's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Linmon Media Ltd is a drama series production company in China with a track record of creating premium content. The company typically creates high viewership drama series based on its abundant reserve of original IPs. The majority of the Company's revenue is earned in Mainland China.
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