GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CASH Financial Services Group Ltd (STU:CFN) » Definitions » Gross Margin %

CASH Financial Services Group (STU:CFN) Gross Margin % : -6.00% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is CASH Financial Services Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CASH Financial Services Group's Gross Profit for the six months ended in Dec. 2023 was €-0.13 Mil. CASH Financial Services Group's Revenue for the six months ended in Dec. 2023 was €2.22 Mil. Therefore, CASH Financial Services Group's Gross Margin % for the quarter that ended in Dec. 2023 was -6.00%.


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

STU:CFN' s Gross Margin % Range Over the Past 10 Years
Min: 1.43   Med: 13.47   Max: 34.36
Current: 6.29


During the past 13 years, the highest Gross Margin % of CASH Financial Services Group was 34.36%. The lowest was 1.43%. And the median was 13.47%.

STU:CFN's Gross Margin % is ranked worse than
82.62% of 604 companies
in the Capital Markets industry
Industry Median: 48.655 vs STU:CFN: 6.29

CASH Financial Services Group had a gross margin of -6.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CASH Financial Services Group was 11.10% per year.


CASH Financial Services Group Gross Margin % Historical Data

The historical data trend for CASH Financial Services Group'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.

CASH Financial Services Group Gross Margin % Chart

CASH Financial Services Group 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 1.43 16.25 14.00 12.94 6.29

CASH Financial Services Group 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 0.88 -14.60 29.47 12.49 -6.00

Competitive Comparison of CASH Financial Services Group's Gross Margin %

For the Capital Markets subindustry, CASH Financial Services Group'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.


CASH Financial Services Group's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CASH Financial Services Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CASH Financial Services Group's Gross Margin % falls into.



CASH Financial Services Group Gross Margin % Calculation

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

CASH Financial Services Group'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 )
=0.4 / 6.613
=(Revenue - Cost of Goods Sold) / Revenue
=(6.613 - 6.197) / 6.613
=6.29 %

CASH Financial Services Group'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 )
=-0.1 / 2.217
=(Revenue - Cost of Goods Sold) / Revenue
=(2.217 - 2.35) / 2.217
=-6.00 %

* 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.


CASH Financial Services Group  (STU:CFN) 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

CASH Financial Services Group had a gross margin of -6.00% for the quarter that ended in Dec. 2023 => 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.


CASH Financial Services Group Gross Margin % Related Terms

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


CASH Financial Services Group (STU:CFN) Business Description

Traded in Other Exchanges
Address
23 Wang Tai Road, 22nd Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG
CASH Financial Services Group Ltd states itself as a financial services conglomerate in China which provides mobile and premium trading, investment banking, algo trading and corporate finance advisory, wealth and asset management, alternative trading, and various other products and services. The company has two reportable segments namely Financial services (including broking, investment banking, asset management and wealth management services) and Proprietary trading activities for the purposes of resource allocation and performance assessment. It generates maximum revenue from Financial services segment. Geographically, it derives a majority of revenue from Hong Kong.

CASH Financial Services Group (STU:CFN) Headlines

No Headlines