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FS Development Investment Holdings (SZSE:300071) Gross Margin % : 28.54% (As of Mar. 2024)


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What is FS Development Investment Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FS Development Investment Holdings's Gross Profit for the three months ended in Mar. 2024 was ¥104 Mil. FS Development Investment Holdings's Revenue for the three months ended in Mar. 2024 was ¥363 Mil. Therefore, FS Development Investment Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 28.54%.


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

SZSE:300071' s Gross Margin % Range Over the Past 10 Years
Min: 12.8   Med: 20.16   Max: 32.36
Current: 22.04


During the past 13 years, the highest Gross Margin % of FS Development Investment Holdings was 32.36%. The lowest was 12.80%. And the median was 20.16%.

SZSE:300071's Gross Margin % is ranked worse than
76.48% of 965 companies
in the Media - Diversified industry
Industry Median: 38.36 vs SZSE:300071: 22.04

FS Development Investment Holdings had a gross margin of 28.54% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for FS Development Investment Holdings was 5.70% per year.


FS Development Investment Holdings Gross Margin % Historical Data

The historical data trend for FS Development Investment 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.

FS Development Investment Holdings Gross Margin % Chart

FS Development Investment 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 24.06 30.06 32.36 28.59 21.34

FS Development Investment Holdings 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 27.87 27.22 16.77 16.20 28.54

Competitive Comparison of FS Development Investment Holdings's Gross Margin %

For the Advertising Agencies subindustry, FS Development Investment 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.


FS Development Investment Holdings's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FS Development Investment Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FS Development Investment Holdings's Gross Margin % falls into.



FS Development Investment Holdings Gross Margin % Calculation

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

FS Development Investment 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 )
=294.4 / 1379.722
=(Revenue - Cost of Goods Sold) / Revenue
=(1379.722 - 1085.336) / 1379.722
=21.34 %

FS Development Investment Holdings'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 )
=103.6 / 363.053
=(Revenue - Cost of Goods Sold) / Revenue
=(363.053 - 259.42) / 363.053
=28.54 %

* 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.


FS Development Investment Holdings  (SZSE:300071) 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

FS Development Investment Holdings had a gross margin of 28.54% 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.


FS Development Investment Holdings Gross Margin % Related Terms

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FS Development Investment Holdings (SZSE:300071) Business Description

Traded in Other Exchanges
N/A
Address
Yard 30, Shixing Street, Room 512, Building 8, Shijingshan District, Beijing, CHN, 100005
FS Development Investment Holdings formerly Spearhead Integrated Marketing Communication Group is an offline marketing service provider. It is engaged in public relations advertising, digital marketing, content marketing, big data marketing.
Executives
Chen Yong Liang Directors, executives
Li Ling Bo Executives
Chen Zhong Hua Director
Xie Tao Supervisors

FS Development Investment Holdings (SZSE:300071) Headlines

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