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Jangho Group Co (SHSE:601886) Gross Margin % : 15.84% (As of Mar. 2024)


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What is Jangho Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jangho Group Co's Gross Profit for the three months ended in Mar. 2024 was ¥647 Mil. Jangho Group Co's Revenue for the three months ended in Mar. 2024 was ¥4,086 Mil. Therefore, Jangho Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 15.84%.

Warning Sign:

Jangho Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

SHSE:601886' s Gross Margin % Range Over the Past 10 Years
Min: 13.94   Med: 16.94   Max: 18.46
Current: 16.99


During the past 13 years, the highest Gross Margin % of Jangho Group Co was 18.46%. The lowest was 13.94%. And the median was 16.94%.

SHSE:601886's Gross Margin % is ranked worse than
54.12% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs SHSE:601886: 16.99

Jangho Group Co had a gross margin of 15.84% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Jangho Group Co was -2.00% per year.


Jangho Group Co Gross Margin % Historical Data

The historical data trend for Jangho Group 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.

Jangho Group Co Gross Margin % Chart

Jangho Group Co 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 18.45 18.30 17.24 16.69 17.18

Jangho Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.74 13.87 15.51 21.30 15.84

Competitive Comparison of Jangho Group Co's Gross Margin %

For the Engineering & Construction subindustry, Jangho Group 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.


Jangho Group Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jangho Group Co's Gross Margin % distribution charts can be found below:

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



Jangho Group Co Gross Margin % Calculation

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

Jangho Group 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 )
=3599 / 20954.285
=(Revenue - Cost of Goods Sold) / Revenue
=(20954.285 - 17355.286) / 20954.285
=17.18 %

Jangho Group Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=647.1 / 4085.889
=(Revenue - Cost of Goods Sold) / Revenue
=(4085.889 - 3438.774) / 4085.889
=15.84 %

* 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.


Jangho Group Co  (SHSE:601886) 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

Jangho Group Co had a gross margin of 15.84% for the quarter that ended in Mar. 2024 => 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.


Jangho Group Co Gross Margin % Related Terms

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Jangho Group Co (SHSE:601886) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Niuhui North Fifth Street, Shunyi District, Beijing, CHN
Jangho Group Co Ltd is a China based company operating in the field of green architectural decoration and health care. In the Architectural decoration, the company focuses on curtain wall and interior decoration (including design), and others. In the Health care field, the company focuses on ophthalmology, third-party testing, and community hospitals. It has a business presence in China and other international countries. The organization's brands are Jangho curtain wall, Sundart, Gangyuan decoration, Gangyuan Curtain wall, SLD, Vision and Zeming Eye hospital.
Executives
Liu Zai Wang Director
Xu Xing Li senior management
Wang Qi Feng Director
Jia De Hu senior management
Liu Zhong Yue senior management
Xiong Bao senior management
Zhou Han Ping senior management
Yu Jun senior management
Dai Jun senior management
Shi Ying Supervisors
Hu Peng Fei senior management
Chang Xi Zhe senior management
Huang Yong Jun Supervisors
Zhang Sheng senior management

Jangho Group Co (SHSE:601886) Headlines

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