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YLZ Information Technology Co (SZSE:300096) Gross Margin % : 46.76% (As of Mar. 2024)


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What is YLZ Information Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. YLZ Information Technology Co's Gross Profit for the three months ended in Mar. 2024 was ¥22.8 Mil. YLZ Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥48.9 Mil. Therefore, YLZ Information Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 46.76%.


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

SZSE:300096' s Gross Margin % Range Over the Past 10 Years
Min: 46.26   Med: 49.25   Max: 57.68
Current: 51.51


During the past 13 years, the highest Gross Margin % of YLZ Information Technology Co was 57.68%. The lowest was 46.26%. And the median was 49.25%.

SZSE:300096's Gross Margin % is ranked better than
60.12% of 2638 companies
in the Software industry
Industry Median: 41.845 vs SZSE:300096: 51.51

YLZ Information Technology Co had a gross margin of 46.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for YLZ Information Technology Co was 0.40% per year.


YLZ Information Technology Co Gross Margin % Historical Data

The historical data trend for YLZ Information Technology 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.

YLZ Information Technology Co Gross Margin % Chart

YLZ Information Technology 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 51.55 46.98 49.76 57.68 50.15

YLZ Information Technology 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 41.82 43.70 48.49 58.46 46.76

Competitive Comparison of YLZ Information Technology Co's Gross Margin %

For the Software - Application subindustry, YLZ Information Technology 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.


YLZ Information Technology Co's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, YLZ Information Technology Co's Gross Margin % distribution charts can be found below:

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



YLZ Information Technology Co Gross Margin % Calculation

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

YLZ Information Technology 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 )
=399.9 / 797.423
=(Revenue - Cost of Goods Sold) / Revenue
=(797.423 - 397.535) / 797.423
=50.15 %

YLZ Information Technology 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 )
=22.8 / 48.863
=(Revenue - Cost of Goods Sold) / Revenue
=(48.863 - 26.016) / 48.863
=46.76 %

* 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.


YLZ Information Technology Co  (SZSE:300096) 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

YLZ Information Technology Co had a gross margin of 46.76% for the quarter that ended in Mar. 2024 => Durable 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.


YLZ Information Technology Co Gross Margin % Related Terms

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YLZ Information Technology Co (SZSE:300096) Business Description

Traded in Other Exchanges
N/A
Address
Huandao Road, Zhenzhu Software, Suite B, 5/f, Kexin Building, Par, Xiamen, CHN, 361005
YLZ Information Technology Co Ltd provides information services for livelihood industries in China. It offers its solutions in the areas of human resources, social security, health, financial, housing, education, and energy saving and environmental protection industries.
Executives
Huang Wen Can Directors, executives
Shi Xue Lian Supervisors
Wu Yi Yu Directors, executives
Zhang Xi Director
Shi Jian An Executives
Lei Biao Directors, executives
Huang Bang Jie Supervisors
Wu Wen Fei Executives
Gu Pei Jian Director
Zheng Ren Gui Executives

YLZ Information Technology Co (SZSE:300096) Headlines

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