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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Gross Margin % : 27.09% (As of Dec. 2023)


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What is Yue Yuen Industrial (Holdings) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yue Yuen Industrial (Holdings)'s Gross Profit for the three months ended in Dec. 2023 was $516 Mil. Yue Yuen Industrial (Holdings)'s Revenue for the three months ended in Dec. 2023 was $1,904 Mil. Therefore, Yue Yuen Industrial (Holdings)'s Gross Margin % for the quarter that ended in Dec. 2023 was 27.09%.


The historical rank and industry rank for Yue Yuen Industrial (Holdings)'s Gross Margin % or its related term are showing as below:

YUEIY' s Gross Margin % Range Over the Past 10 Years
Min: 21.68   Med: 24.2   Max: 25.78
Current: 25.37


During the past 13 years, the highest Gross Margin % of Yue Yuen Industrial (Holdings) was 25.78%. The lowest was 21.68%. And the median was 24.20%.

YUEIY's Gross Margin % is ranked better than
50.1% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.275 vs YUEIY: 25.37

Yue Yuen Industrial (Holdings) had a gross margin of 27.09% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yue Yuen Industrial (Holdings) was -0.60% per year.


Yue Yuen Industrial (Holdings) Gross Margin % Historical Data

The historical data trend for Yue Yuen Industrial (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.

Yue Yuen Industrial (Holdings) Gross Margin % Chart

Yue Yuen Industrial (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 24.87 21.68 24.00 23.83 24.40

Yue Yuen Industrial (Holdings) Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 24.85 23.98 - 23.58 27.09

Competitive Comparison of Yue Yuen Industrial (Holdings)'s Gross Margin %

For the Footwear & Accessories subindustry, Yue Yuen Industrial (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.


Yue Yuen Industrial (Holdings)'s Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Gross Margin % falls into.



Yue Yuen Industrial (Holdings) Gross Margin % Calculation

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

Yue Yuen Industrial (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 )
=1925.3 / 7890.168
=(Revenue - Cost of Goods Sold) / Revenue
=(7890.168 - 5964.854) / 7890.168
=24.40 %

Yue Yuen Industrial (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 )
=515.7 / 1903.547
=(Revenue - Cost of Goods Sold) / Revenue
=(1903.547 - 1387.816) / 1903.547
=27.09 %

* 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.


Yue Yuen Industrial (Holdings)  (OTCPK:YUEIY) 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

Yue Yuen Industrial (Holdings) had a gross margin of 27.09% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Yue Yuen Industrial (Holdings) Gross Margin % Related Terms

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


Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

From GuruFocus

Brandes Investment Trust Comments on Yue Yuen

By Holly LaFon 12-04-2015