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Yunji (YJ) Gross Margin % : 46.62% (As of Dec. 2023)


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What is Yunji Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yunji's Gross Profit for the three months ended in Dec. 2023 was $9.74 Mil. Yunji's Revenue for the three months ended in Dec. 2023 was $20.89 Mil. Therefore, Yunji's Gross Margin % for the quarter that ended in Dec. 2023 was 46.62%.


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

YJ' s Gross Margin % Range Over the Past 10 Years
Min: 17.74   Med: 26.28   Max: 48.03
Current: 48.03


During the past 8 years, the highest Gross Margin % of Yunji was 48.03%. The lowest was 17.74%. And the median was 26.28%.

YJ's Gross Margin % is ranked better than
69.95% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.5 vs YJ: 48.03

Yunji had a gross margin of 46.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yunji was 23.80% per year.


Yunji Gross Margin % Historical Data

The historical data trend for Yunji'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.

Yunji Gross Margin % Chart

Yunji Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 20.76 28.76 37.67 43.54 48.02

Yunji Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.92 47.71 51.63 45.68 46.62

Competitive Comparison of Yunji's Gross Margin %

For the Internet Retail subindustry, Yunji'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.


Yunji's Gross Margin % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Yunji's Gross Margin % falls into.



Yunji Gross Margin % Calculation

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

Yunji'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 )
=43.1 / 89.663
=(Revenue - Cost of Goods Sold) / Revenue
=(89.663 - 46.606) / 89.663
=48.02 %

Yunji's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=9.7 / 20.888
=(Revenue - Cost of Goods Sold) / Revenue
=(20.888 - 11.15) / 20.888
=46.62 %

* 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.


Yunji  (NAS:YJ) 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

Yunji had a gross margin of 46.62% for the quarter that ended in Dec. 2023 => 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.


Yunji Gross Margin % Related Terms

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


Yunji (YJ) Business Description

Traded in Other Exchanges
N/A
Address
Hipark Phase 2, 15th Floor, South Building, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000
Yunji Inc is a social e-commerce platform in China that offers a membership-based model that leverages the power of social interaction. The company provides a host of selected commodities such as beauty and personal care, mobile phones and digital products, baby and maternal products, toys, fruits, and other fresh products. Geographically, the firm operates in China.