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Comba Telecom Systems Holdings (Comba Telecom Systems Holdings) Gross Margin % : 29.55% (As of Dec. 2023)


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What is Comba Telecom Systems Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Comba Telecom Systems Holdings's Gross Profit for the six months ended in Dec. 2023 was $104.2 Mil. Comba Telecom Systems Holdings's Revenue for the six months ended in Dec. 2023 was $352.6 Mil. Therefore, Comba Telecom Systems Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 29.55%.


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

COBJF' s Gross Margin % Range Over the Past 10 Years
Min: 24.24   Med: 28.04   Max: 30.73
Current: 27.8


During the past 13 years, the highest Gross Margin % of Comba Telecom Systems Holdings was 30.73%. The lowest was 24.24%. And the median was 28.04%.

COBJF's Gross Margin % is ranked better than
57.03% of 2439 companies
in the Hardware industry
Industry Median: 24.38 vs COBJF: 27.80

Comba Telecom Systems Holdings had a gross margin of 29.55% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Comba Telecom Systems Holdings was 0.30% per year.


Comba Telecom Systems Holdings Gross Margin % Historical Data

The historical data trend for Comba Telecom Systems 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.

Comba Telecom Systems Holdings Gross Margin % Chart

Comba Telecom Systems 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 30.73 28.58 24.24 29.44 27.80

Comba Telecom Systems 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 21.49 27.84 30.90 26.30 29.55

Competitive Comparison of Comba Telecom Systems Holdings's Gross Margin %

For the Communication Equipment subindustry, Comba Telecom Systems 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.


Comba Telecom Systems Holdings's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Comba Telecom Systems Holdings's Gross Margin % distribution charts can be found below:

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



Comba Telecom Systems Holdings Gross Margin % Calculation

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

Comba Telecom Systems 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 )
=212.9 / 765.957
=(Revenue - Cost of Goods Sold) / Revenue
=(765.957 - 553.059) / 765.957
=27.80 %

Comba Telecom Systems 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 )
=104.2 / 352.606
=(Revenue - Cost of Goods Sold) / Revenue
=(352.606 - 248.416) / 352.606
=29.55 %

* 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.


Comba Telecom Systems Holdings  (OTCPK:COBJF) 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

Comba Telecom Systems Holdings had a gross margin of 29.55% 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.


Comba Telecom Systems Holdings Gross Margin % Related Terms

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Comba Telecom Systems Holdings (Comba Telecom Systems Holdings) Business Description

Traded in Other Exchanges
Address
Hong Kong Science Park, Unit 611, Building 8W, Pak Shek Kok, New Territories, Hong Kong, HKG
Comba Telecom Systems Holdings Ltd is an investment holding company. The company operates in two segments: Wireless telecommunications network system equipment & services and Operator telecommunication services. Its solutions include Antenna Site, In-Vehicle Broadband, Indoor Coverage Enhancement, Large Venue Coverage, LTE Upgrade, Railway/Tunnel Coverage, Wireless Backhaul, and Small Cell. It serves various industries such as airports, Education, Government and Public, Hospitality, Stadium, Transportation, and others. The company generates maximum revenue from the Wireless telecommunications network system equipment & services segment. Its geographical segments are Mainland China, Other countries/areas in the Asia Pacific, Americas, European Union, Middle East, and Other countries.

Comba Telecom Systems Holdings (Comba Telecom Systems Holdings) Headlines