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Kingza International Co (ROCO:2751) Gross Margin % : 47.74% (As of Dec. 2023)


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What is Kingza International Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kingza International Co's Gross Profit for the six months ended in Dec. 2023 was NT$321 Mil. Kingza International Co's Revenue for the six months ended in Dec. 2023 was NT$673 Mil. Therefore, Kingza International Co's Gross Margin % for the quarter that ended in Dec. 2023 was 47.74%.


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

ROCO:2751' s Gross Margin % Range Over the Past 10 Years
Min: 39.15   Med: 43.73   Max: 48.39
Current: 48.39


During the past 6 years, the highest Gross Margin % of Kingza International Co was 48.39%. The lowest was 39.15%. And the median was 43.73%.

ROCO:2751's Gross Margin % is ranked better than
51.32% of 341 companies
in the Restaurants industry
Industry Median: 47.41 vs ROCO:2751: 48.39

Kingza International Co had a gross margin of 47.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kingza International Co was 1.70% per year.


Kingza International Co Gross Margin % Historical Data

The historical data trend for Kingza International Co'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.

Kingza International Co Gross Margin % Chart

Kingza International Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 44.01 39.39 39.15 44.58 48.39

Kingza International Co Semi-Annual Data
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 41.33 40.85 47.28 49.14 47.74

Competitive Comparison of Kingza International Co's Gross Margin %

For the Restaurants subindustry, Kingza International Co'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.


Kingza International Co's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kingza International Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kingza International Co's Gross Margin % falls into.



Kingza International Co Gross Margin % Calculation

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

Kingza International Co'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 )
=606.3 / 1252.905
=(Revenue - Cost of Goods Sold) / Revenue
=(1252.905 - 646.64) / 1252.905
=48.39 %

Kingza International Co'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 )
=321.5 / 673.401
=(Revenue - Cost of Goods Sold) / Revenue
=(673.401 - 351.904) / 673.401
=47.74 %

* 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.


Kingza International Co  (ROCO:2751) 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

Kingza International Co had a gross margin of 47.74% 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.


Kingza International Co Gross Margin % Related Terms

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Kingza International Co (ROCO:2751) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Gaotie 9th Road, 3rd Floor, Hsinchu County, Zhubei City, TWN
Kingza International Co Ltd provides catering chain agency. It engages in operating franchise store, chain restaurant system management training, restaurant brand agency, and other services. Its brands include Ginza Katsuko Japanese-style Pork Chop; Duan Chunzhen Beef Noodles, Osaka Osho Dumplings and Kyoto Katsu Beef Japanese-style Fried Steak and many other catering brands.

Kingza International Co (ROCO:2751) Headlines

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