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09Women Co (XKRX:366030) Gross Margin % : 46.17% (As of Jun. 2024)


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What is 09Women Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. 09Women Co's Gross Profit for the three months ended in Jun. 2024 was ₩7,135 Mil. 09Women Co's Revenue for the three months ended in Jun. 2024 was ₩15,456 Mil. Therefore, 09Women Co's Gross Margin % for the quarter that ended in Jun. 2024 was 46.17%.


The historical rank and industry rank for 09Women Co's Gross Margin % or its related term are showing as below:

XKRX:366030' s Gross Margin % Range Over the Past 10 Years
Min: 40.85   Med: 45   Max: 46.11
Current: 46.11


During the past 5 years, the highest Gross Margin % of 09Women Co was 46.11%. The lowest was 40.85%. And the median was 45.00%.

XKRX:366030's Gross Margin % is ranked better than
65.45% of 1100 companies
in the Retail - Cyclical industry
Industry Median: 36.9 vs XKRX:366030: 46.11

09Women Co had a gross margin of 46.17% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for 09Women Co was 0.00% per year.


09Women Co Gross Margin % Historical Data

The historical data trend for 09Women 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.

09Women Co Gross Margin % Chart

09Women Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
40.85 41.61 45.00 45.12 45.55

09Women Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 45.89 45.36 46.02 47.03 46.17

Competitive Comparison of 09Women Co's Gross Margin %

For the Internet Retail subindustry, 09Women 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.


09Women Co's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 09Women Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 09Women Co's Gross Margin % falls into.



09Women Co Gross Margin % Calculation

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

09Women 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 )
=24147.7 / 53009.477
=(Revenue - Cost of Goods Sold) / Revenue
=(53009.477 - 28861.822) / 53009.477
=45.55 %

09Women Co's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=7135.2 / 15455.545
=(Revenue - Cost of Goods Sold) / Revenue
=(15455.545 - 8320.368) / 15455.545
=46.17 %

* 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.


09Women Co  (XKRX:366030) 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

09Women Co had a gross margin of 46.17% for the quarter that ended in Jun. 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.


09Women Co Gross Margin % Related Terms

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09Women Co Business Description

Traded in Other Exchanges
N/A
Address
1525, Pyeonghwa-ro, Yangju-si, Gyeonggi-do, KOR
09Women Co Ltd is engaged in wholesale and distribution of plus-size women's clothing through its own online shopping site.

09Women Co Headlines

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