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Wee Hur Holdings (SGX:E3B) Gross Margin % : 28.10% (As of Dec. 2023)


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What is Wee Hur Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wee Hur Holdings's Gross Profit for the six months ended in Dec. 2023 was S$35.3 Mil. Wee Hur Holdings's Revenue for the six months ended in Dec. 2023 was S$125.6 Mil. Therefore, Wee Hur Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 28.10%.

Warning Sign:

Wee Hur Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.5%.


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

SGX:E3B' s Gross Margin % Range Over the Past 10 Years
Min: 2.97   Med: 23.87   Max: 35.82
Current: 23.84


During the past 13 years, the highest Gross Margin % of Wee Hur Holdings was 35.82%. The lowest was 2.97%. And the median was 23.87%.

SGX:E3B's Gross Margin % is ranked better than
58.46% of 1613 companies
in the Construction industry
Industry Median: 19.2 vs SGX:E3B: 23.84

Wee Hur Holdings had a gross margin of 28.10% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wee Hur Holdings was -14.50% per year.


Wee Hur Holdings Gross Margin % Historical Data

The historical data trend for Wee Hur 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.

Wee Hur Holdings Gross Margin % Chart

Wee Hur Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 23.90 2.97 11.74 23.84

Wee Hur Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.57 7.12 15.97 18.45 28.10

Competitive Comparison of Wee Hur Holdings's Gross Margin %

For the Engineering & Construction subindustry, Wee Hur 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.


Wee Hur Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wee Hur Holdings's Gross Margin % distribution charts can be found below:

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



Wee Hur Holdings Gross Margin % Calculation

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

Wee Hur 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 )
=53.6 / 224.842
=(Revenue - Cost of Goods Sold) / Revenue
=(224.842 - 171.241) / 224.842
=23.84 %

Wee Hur 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 )
=35.3 / 125.636
=(Revenue - Cost of Goods Sold) / Revenue
=(125.636 - 90.338) / 125.636
=28.10 %

* 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.


Wee Hur Holdings  (SGX:E3B) 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

Wee Hur Holdings had a gross margin of 28.10% 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.


Wee Hur Holdings Gross Margin % Related Terms

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Wee Hur Holdings (SGX:E3B) Business Description

Traded in Other Exchanges
N/A
Address
39 Kim Keat Road, Wee Hur Building, Singapore, SGP, 328814
Wee Hur Holdings Ltd is a construction and property development service provider. The business activity of the group includes new construction, additions, alterations, refurbishment and upgrading, restoration, and conservation of heritage buildings. The company's construction projects comprise residential, commercial, industrial, institutional, religious, restoration, and conservation projects. Geographically, the company operates in Singapore and Australia.

Wee Hur Holdings (SGX:E3B) Headlines

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