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Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Gross Margin % : 82.27% (As of Mar. 2024)


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What is Administradora de Fondos de Pensiones Cuprum Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Administradora de Fondos de Pensiones Cuprum's Gross Profit for the three months ended in Mar. 2024 was CLP47,586 Mil. Administradora de Fondos de Pensiones Cuprum's Revenue for the three months ended in Mar. 2024 was CLP57,838 Mil. Therefore, Administradora de Fondos de Pensiones Cuprum's Gross Margin % for the quarter that ended in Mar. 2024 was 82.27%.


The historical rank and industry rank for Administradora de Fondos de Pensiones Cuprum's Gross Margin % or its related term are showing as below:

XSGO:CUPRUM' s Gross Margin % Range Over the Past 10 Years
Min: 76.74   Med: 78   Max: 81.58
Current: 78.79


During the past 11 years, the highest Gross Margin % of Administradora de Fondos de Pensiones Cuprum was 81.58%. The lowest was 76.74%. And the median was 78.00%.

XSGO:CUPRUM's Gross Margin % is ranked better than
71.96% of 535 companies
in the Asset Management industry
Industry Median: 51.55 vs XSGO:CUPRUM: 78.79

Administradora de Fondos de Pensiones Cuprum had a gross margin of 82.27% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Administradora de Fondos de Pensiones Cuprum was -0.60% per year.


Administradora de Fondos de Pensiones Cuprum Gross Margin % Historical Data

The historical data trend for Administradora de Fondos de Pensiones Cuprum'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.

Administradora de Fondos de Pensiones Cuprum Gross Margin % Chart

Administradora de Fondos de Pensiones Cuprum 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 81.58 77.00 77.49 76.77 76.74

Administradora de Fondos de Pensiones Cuprum 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 74.26 75.56 72.52 82.00 82.27

Competitive Comparison of Administradora de Fondos de Pensiones Cuprum's Gross Margin %

For the Asset Management subindustry, Administradora de Fondos de Pensiones Cuprum'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.


Administradora de Fondos de Pensiones Cuprum's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones Cuprum's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones Cuprum's Gross Margin % falls into.



Administradora de Fondos de Pensiones Cuprum Gross Margin % Calculation

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

Administradora de Fondos de Pensiones Cuprum'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 )
=139198.2 / 181393.345
=(Revenue - Cost of Goods Sold) / Revenue
=(181393.345 - 42195.171) / 181393.345
=76.74 %

Administradora de Fondos de Pensiones Cuprum'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 )
=47586 / 57837.903
=(Revenue - Cost of Goods Sold) / Revenue
=(57837.903 - 10251.915) / 57837.903
=82.27 %

* 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.


Administradora de Fondos de Pensiones Cuprum  (XSGO:CUPRUM) 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

Administradora de Fondos de Pensiones Cuprum had a gross margin of 82.27% 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.


Administradora de Fondos de Pensiones Cuprum Gross Margin % Related Terms

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Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Business Description

Traded in Other Exchanges
N/A
Address
Bandera 236, 6th Floor, Santiagp, CHL
Administradora de Fondos de Pensiones Cuprum SA is a Chile-based investment management company. It provides retirement advisory services and administers mandatory and voluntary pension savings accounts and severance payment savings funds for its clients. The company has five type of investment funds that have a different level of risk and expected a return.

Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Headlines

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