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Aishida Co (SZSE:002403) Gross Margin % : 31.28% (As of Mar. 2024)


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What is Aishida Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aishida Co's Gross Profit for the three months ended in Mar. 2024 was ¥214 Mil. Aishida Co's Revenue for the three months ended in Mar. 2024 was ¥684 Mil. Therefore, Aishida Co's Gross Margin % for the quarter that ended in Mar. 2024 was 31.28%.

Warning Sign:

Aishida Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.1%.


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

SZSE:002403' s Gross Margin % Range Over the Past 10 Years
Min: 25.03   Med: 36.14   Max: 40.4
Current: 27.41


During the past 13 years, the highest Gross Margin % of Aishida Co was 40.40%. The lowest was 25.03%. And the median was 36.14%.

SZSE:002403's Gross Margin % is ranked worse than
67.49% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs SZSE:002403: 27.41

Aishida Co had a gross margin of 31.28% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aishida Co was -7.10% per year.


Aishida Co Gross Margin % Historical Data

The historical data trend for Aishida 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.

Aishida Co Gross Margin % Chart

Aishida 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 36.65 28.11 25.03 27.60 26.84

Aishida 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 29.52 26.73 27.04 24.34 31.28

Competitive Comparison of Aishida Co's Gross Margin %

For the Specialty Retail subindustry, Aishida 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.


Aishida Co's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aishida Co's Gross Margin % distribution charts can be found below:

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



Aishida Co Gross Margin % Calculation

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

Aishida 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 )
=659.6 / 2457.263
=(Revenue - Cost of Goods Sold) / Revenue
=(2457.263 - 1797.693) / 2457.263
=26.84 %

Aishida 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 )
=213.8 / 683.575
=(Revenue - Cost of Goods Sold) / Revenue
=(683.575 - 469.751) / 683.575
=31.28 %

* 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.


Aishida Co  (SZSE:002403) 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

Aishida Co had a gross margin of 31.28% 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.


Aishida Co Gross Margin % Related Terms

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


Aishida Co (SZSE:002403) Business Description

Traded in Other Exchanges
N/A
Address
Development Zone, Wenling, Zhejiang, CHN, 317500
Aishida Co Ltd is a China-based company engaged in the manufacture and distribution of cookware and automotive components. It also offers mechanical parts, general parts, kitchen and bathroom products, metal composites, chemical products.

Aishida Co (SZSE:002403) Headlines

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