AMTD IDEA Group (AMTD IDEA Group) Gross Margin % : 93.90% (As of Jun. 2023)

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What is AMTD IDEA Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AMTD IDEA Group's Gross Profit for the six months ended in Jun. 2023 was $159.0 Mil. AMTD IDEA Group's Revenue for the six months ended in Jun. 2023 was $169.4 Mil. Therefore, AMTD IDEA Group's Gross Margin % for the quarter that ended in Jun. 2023 was 93.90%.

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

AMTD' s Gross Margin % Range Over the Past 10 Years
Min: -142.9 Med: 88.34 Max: 90.59
Current: 88.45

During the past 7 years, the highest Gross Margin % of AMTD IDEA Group was 90.59%. The lowest was -142.90%. And the median was 88.34%.

AMTD's Gross Margin % is ranked better than
80% of 535 companies
in the Asset Management industry
Industry Median: 51.55 vs AMTD: 88.45

AMTD IDEA Group had a gross margin of 93.90% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AMTD IDEA Group was 0.00% per year.

AMTD IDEA Group Gross Margin % Historical Data

The historical data trend for AMTD IDEA Group'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.

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AMTD IDEA Group Gross Margin % Chart

AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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90.59

-142.89

87.87

88.81

87.67

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial							94.04	59.09	94.45	628.54	93.90

Competitive Comparison of AMTD IDEA Group's Gross Margin %

For the Asset Management subindustry, AMTD IDEA Group'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.

AMTD IDEA Group's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AMTD IDEA Group's Gross Margin % falls into.

AMTD IDEA Group Gross Margin % Calculation

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

AMTD IDEA Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	117.7	/	134.194
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(134.194 - 16.542)	/	134.194
	=	87.67 %

AMTD IDEA Group's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	159	/	169.372
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(169.372 - 10.325)	/	169.372
	=	93.90 %

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.

AMTD IDEA Group (NYSE:AMTD) 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

AMTD IDEA Group had a gross margin of 93.90% for the quarter that ended in Jun. 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.

AMTD IDEA Group Gross Margin % Related Terms

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AMTD IDEA Group (AMTD IDEA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMTD IDEA Group (NYSE:AMTD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

HKB:Singapore

Address

41 Connaught Road Central, 23rd Floor Nexxus Building, Hong Kong, HKG

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in four business segment: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with exclusive, paid access to enhance investor communication, investor relations and corporate communication. The fashion and luxury media advertising and marketing services segment, engages in provision of print and digital advertising campaigns, licensing, and value-added marketing services including branded content, video production, social media activation. The strategic investment segment engages in proprietary investments and management of investment portfolio.