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Kingboard Holdings (Kingboard Holdings) Gross Margin % : 17.68% (As of Dec. 2023)


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What is Kingboard Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kingboard Holdings's Gross Profit for the six months ended in Dec. 2023 was $475 Mil. Kingboard Holdings's Revenue for the six months ended in Dec. 2023 was $2,688 Mil. Therefore, Kingboard Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 17.68%.


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

KBDCF' s Gross Margin % Range Over the Past 10 Years
Min: 12.8   Med: 22.15   Max: 33.16
Current: 19.12


During the past 13 years, the highest Gross Margin % of Kingboard Holdings was 33.16%. The lowest was 12.80%. And the median was 22.15%.

KBDCF's Gross Margin % is ranked worse than
64.58% of 480 companies
in the Conglomerates industry
Industry Median: 25.035 vs KBDCF: 19.12

Kingboard Holdings had a gross margin of 17.68% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kingboard Holdings was -0.60% per year.


Kingboard Holdings Gross Margin % Historical Data

The historical data trend for Kingboard Holdings'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.

Kingboard Holdings Gross Margin % Chart

Kingboard Holdings 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 21.90 28.10 33.16 25.06 19.12

Kingboard Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 33.71 29.41 19.44 20.73 17.68

Competitive Comparison of Kingboard Holdings's Gross Margin %

For the Conglomerates subindustry, Kingboard Holdings'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.


Kingboard Holdings's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingboard Holdings's Gross Margin % distribution charts can be found below:

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



Kingboard Holdings Gross Margin % Calculation

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

Kingboard Holdings'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 )
=972.1 / 5084.957
=(Revenue - Cost of Goods Sold) / Revenue
=(5084.957 - 4112.824) / 5084.957
=19.12 %

Kingboard Holdings'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 )
=475.3 / 2687.987
=(Revenue - Cost of Goods Sold) / Revenue
=(2687.987 - 2212.691) / 2687.987
=17.68 %

* 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.


Kingboard Holdings  (OTCPK:KBDCF) 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

Kingboard Holdings had a gross margin of 17.68% for the quarter that ended in Dec. 2023 => No sustainable 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.


Kingboard Holdings Gross Margin % Related Terms

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Kingboard Holdings (Kingboard Holdings) Business Description

Traded in Other Exchanges
Address
3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T, Hong Kong, HKG
Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: manufacture and sale of laminates; manufacture and sale of printed circuit boards; manufacture and sale of chemicals; sales and rental of properties; investments; and others including service income, manufacture, and sale of magnetic products and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, and America, out of which China accounts for the majority of the revenue.

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