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Silkroad Vision Technology Co (SZSE:300556) Gross Margin % : -15.30% (As of Mar. 2024)


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What is Silkroad Vision Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Silkroad Vision Technology Co's Gross Profit for the three months ended in Mar. 2024 was ¥-13 Mil. Silkroad Vision Technology Co's Revenue for the three months ended in Mar. 2024 was ¥88 Mil. Therefore, Silkroad Vision Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was -15.30%.

Warning Sign:

Silkroad Vision Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


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

SZSE:300556' s Gross Margin % Range Over the Past 10 Years
Min: 28.99   Med: 35.63   Max: 43.84
Current: 29.93


During the past 13 years, the highest Gross Margin % of Silkroad Vision Technology Co was 43.84%. The lowest was 28.99%. And the median was 35.63%.

SZSE:300556's Gross Margin % is ranked worse than
63.83% of 965 companies
in the Media - Diversified industry
Industry Median: 37.97 vs SZSE:300556: 29.93

Silkroad Vision Technology Co had a gross margin of -15.30% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Silkroad Vision Technology Co was -4.20% per year.


Silkroad Vision Technology Co Gross Margin % Historical Data

The historical data trend for Silkroad Vision 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.

Silkroad Vision Technology Co Gross Margin % Chart

Silkroad Vision 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 33.79 34.96 32.08 28.99 29.91

Silkroad Vision 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 4.01 29.19 26.07 41.88 -15.30

Competitive Comparison of Silkroad Vision Technology Co's Gross Margin %

For the Entertainment subindustry, Silkroad Vision 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.


Silkroad Vision Technology Co's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silkroad Vision Technology Co's Gross Margin % distribution charts can be found below:

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



Silkroad Vision Technology Co Gross Margin % Calculation

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

Silkroad Vision 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 )
=428 / 1430.901
=(Revenue - Cost of Goods Sold) / Revenue
=(1430.901 - 1002.933) / 1430.901
=29.91 %

Silkroad Vision 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 )
=-13.5 / 88.09
=(Revenue - Cost of Goods Sold) / Revenue
=(88.09 - 101.565) / 88.09
=-15.30 %

* 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.


Silkroad Vision Technology Co  (SZSE:300556) 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

Silkroad Vision Technology Co had a gross margin of -15.30% for the quarter that ended in Mar. 2024 => 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.


Silkroad Vision Technology Co Gross Margin % Related Terms

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


Silkroad Vision Technology Co (SZSE:300556) Business Description

Traded in Other Exchanges
N/A
Address
Shi Flower Road, Room 108, Building B4, Fu Plaza Fantasia, Futian Free Trade Zone, Shenzhen, CHN, 518000
Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It primarily serves the government departments, real estate enterprises, design institutes and other enterprises.
Executives
Wang Yu Secretary Dong
Wang Jun Ping Director
Wang Xiu Qin Directors, executives
Tian Wan Jun Executives
Hu Jing Hua Director
Yue Feng Executives
Li Meng Di Directors, executives
Li Peng Hui Directors, executives
Ding Peng Qing Executives
Kang Yu Lu Executives
Xiang Lan Di Supervisors
Wang Dan Executives
He Tao Executives
Pei Ge Xin Directors, executives
Dong Hai Ping Director

Silkroad Vision Technology Co (SZSE:300556) Headlines

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