GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Halo Microelectronics Co Ltd (SHSE:688173) » Definitions » Gross Margin %

Halo Microelectronics Co (SHSE:688173) Gross Margin % : 32.45% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Halo Microelectronics Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Halo Microelectronics Co's Gross Profit for the three months ended in Mar. 2024 was ¥39.9 Mil. Halo Microelectronics Co's Revenue for the three months ended in Mar. 2024 was ¥122.9 Mil. Therefore, Halo Microelectronics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 32.45%.


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

SHSE:688173' s Gross Margin % Range Over the Past 10 Years
Min: 28.59   Med: 44.83   Max: 54.01
Current: 34.99


During the past 6 years, the highest Gross Margin % of Halo Microelectronics Co was 54.01%. The lowest was 28.59%. And the median was 44.83%.

SHSE:688173's Gross Margin % is ranked better than
69.92% of 2440 companies
in the Hardware industry
Industry Median: 24.375 vs SHSE:688173: 34.99

Halo Microelectronics Co had a gross margin of 32.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Halo Microelectronics Co was 5.60% per year.


Halo Microelectronics Co Gross Margin % Historical Data

The historical data trend for Halo Microelectronics 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.

Halo Microelectronics Co Gross Margin % Chart

Halo Microelectronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 42.19 47.46 54.01 50.29 36.66

Halo Microelectronics Co Quarterly Data
Dec18 Dec19 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 43.56 37.05 41.16 29.67 32.45

Competitive Comparison of Halo Microelectronics Co's Gross Margin %

For the Electronic Components subindustry, Halo Microelectronics 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.


Halo Microelectronics Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Halo Microelectronics Co's Gross Margin % distribution charts can be found below:

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



Halo Microelectronics Co Gross Margin % Calculation

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

Halo Microelectronics 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 )
=144.3 / 393.632
=(Revenue - Cost of Goods Sold) / Revenue
=(393.632 - 249.345) / 393.632
=36.66 %

Halo Microelectronics 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 )
=39.9 / 122.909
=(Revenue - Cost of Goods Sold) / Revenue
=(122.909 - 83.023) / 122.909
=32.45 %

* 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.


Halo Microelectronics Co  (SHSE:688173) 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

Halo Microelectronics Co had a gross margin of 32.45% for the quarter that ended in Mar. 2024 => 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.


Halo Microelectronics Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Halo Microelectronics Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Halo Microelectronics Co (SHSE:688173) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Guilan North Road, Guicheng Street, Unit 305-308, Self-numbered Building Eight (A8), Core Area of ??Qiandeng Lake Venture Capital Town, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Halo Microelectronics Co Ltd is engaged in designing and commercialization of analog and mixed-signal integrated circuit (IC) products. Its products are used mainly in two main applications: consumer electronics and automobile electronics.

Halo Microelectronics Co (SHSE:688173) Headlines

No Headlines