Hing Yip Holdings's gross profit for the
six
months ended in Dec. 2023 was HK$158.3 Mil. Hing Yip Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$316.1 Mil.
Hing Yip Holdings had a gross margin of 38.89% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Hing Yip Holdings was 53.56%. The lowest was 24.44%. And the median was 41.74%.
Warning Sign:
Hing Yip Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.5%.
Hing Yip Holdings Gross Profit Historical Data
The historical data trend for Hing Yip Holdings's Gross Profit 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.
Competitive Comparison of Hing Yip Holdings's Gross Profit
For the Conglomerates subindustry, Hing Yip Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Hing Yip Holdings's Gross Profit Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hing Yip Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Hing Yip Holdings's Gross Profit falls into.
Hing Yip Holdings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Hing Yip Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$316.1 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Hing Yip Holdings had a gross margin of 38.89% for the quarter that ended in Dec. 2023 => Competition eroding margins
Hing Yip Holdings Gross Profit Related Terms
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Hing Yip Holdings (HKSE:00132) Business Description
China Investments Holdings Ltd is an investment holding company. Its operating segment includes the Financial leasing business, Wellness elderly care business, Big data business, Property and industrial park investment business, and hotel business. It generates maximum revenue from the Financial leasing segment. The Financial leasing segment is engaged in the provision of finance lease consulting services and financing services in China. Its Property investments segment is engaged in holding investment properties, properties held for sale, and investment in the development and construction of the industrial park. Geographically, it derives a majority of its revenue from China.
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