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Powerlong Commercial Management Holdings (HKSE:09909) Gross Margin % : 32.98% (As of Dec. 2023)


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What is Powerlong Commercial Management Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Powerlong Commercial Management Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$491 Mil. Powerlong Commercial Management Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,489 Mil. Therefore, Powerlong Commercial Management Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 32.98%.


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

HKSE:09909' s Gross Margin % Range Over the Past 10 Years
Min: 21.84   Med: 29.05   Max: 33.65
Current: 33.65


During the past 8 years, the highest Gross Margin % of Powerlong Commercial Management Holdings was 33.65%. The lowest was 21.84%. And the median was 29.05%.

HKSE:09909's Gross Margin % is ranked worse than
54.05% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs HKSE:09909: 33.65

Powerlong Commercial Management Holdings had a gross margin of 32.98% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Powerlong Commercial Management Holdings was 5.20% per year.


Powerlong Commercial Management Holdings Gross Margin % Historical Data

The historical data trend for Powerlong Commercial Management 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.

Powerlong Commercial Management Holdings Gross Margin % Chart

Powerlong Commercial Management Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 26.44 30.95 33.35 32.73 33.65

Powerlong Commercial Management Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 33.90 33.99 31.49 34.37 32.98

Competitive Comparison of Powerlong Commercial Management Holdings's Gross Margin %

For the Real Estate Services subindustry, Powerlong Commercial Management 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.


Powerlong Commercial Management Holdings's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Powerlong Commercial Management Holdings's Gross Margin % distribution charts can be found below:

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



Powerlong Commercial Management Holdings Gross Margin % Calculation

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

Powerlong Commercial Management 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 )
=970.2 / 2882.923
=(Revenue - Cost of Goods Sold) / Revenue
=(2882.923 - 1912.718) / 2882.923
=33.65 %

Powerlong Commercial Management 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 )
=490.9 / 1488.541
=(Revenue - Cost of Goods Sold) / Revenue
=(1488.541 - 997.642) / 1488.541
=32.98 %

* 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.


Powerlong Commercial Management Holdings  (HKSE:09909) 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

Powerlong Commercial Management Holdings had a gross margin of 32.98% 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.


Powerlong Commercial Management Holdings Gross Margin % Related Terms

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Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Traded in Other Exchanges
N/A
Address
1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101
Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.
Executives
Hoi Wa Fong 2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia 2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

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