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Carrianna Group Holdings Co (HKSE:00126) Gross Margin % : 59.26% (As of Sep. 2023)


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What is Carrianna Group Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Carrianna Group Holdings Co's Gross Profit for the six months ended in Sep. 2023 was HK$217.1 Mil. Carrianna Group Holdings Co's Revenue for the six months ended in Sep. 2023 was HK$366.3 Mil. Therefore, Carrianna Group Holdings Co's Gross Margin % for the quarter that ended in Sep. 2023 was 59.26%.

Warning Sign:

Carrianna Group Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


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

HKSE:00126' s Gross Margin % Range Over the Past 10 Years
Min: 42.63   Med: 46.19   Max: 51.81
Current: 42.63


During the past 13 years, the highest Gross Margin % of Carrianna Group Holdings Co was 51.81%. The lowest was 42.63%. And the median was 46.19%.

HKSE:00126's Gross Margin % is ranked worse than
57.48% of 341 companies
in the Restaurants industry
Industry Median: 47.41 vs HKSE:00126: 42.63

Carrianna Group Holdings Co had a gross margin of 59.26% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Carrianna Group Holdings Co was -1.70% per year.


Carrianna Group Holdings Co Gross Margin % Historical Data

The historical data trend for Carrianna Group Holdings Co'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.

Carrianna Group Holdings Co Gross Margin % Chart

Carrianna Group Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.48 46.33 46.04 47.88 43.73

Carrianna Group Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 61.44 21.42 60.69 22.60 59.26

Competitive Comparison of Carrianna Group Holdings Co's Gross Margin %

For the Restaurants subindustry, Carrianna Group Holdings Co'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.


Carrianna Group Holdings Co's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Carrianna Group Holdings Co's Gross Margin % distribution charts can be found below:

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



Carrianna Group Holdings Co Gross Margin % Calculation

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

Carrianna Group Holdings Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=298.9 / 683.482
=(Revenue - Cost of Goods Sold) / Revenue
=(683.482 - 384.589) / 683.482
=43.73 %

Carrianna Group Holdings Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=217.1 / 366.316
=(Revenue - Cost of Goods Sold) / Revenue
=(366.316 - 149.232) / 366.316
=59.26 %

* 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.


Carrianna Group Holdings Co  (HKSE:00126) 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

Carrianna Group Holdings Co had a gross margin of 59.26% for the quarter that ended in Sep. 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.


Carrianna Group Holdings Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Carrianna Group Holdings Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Carrianna Group Holdings Co (HKSE:00126) Business Description

Traded in Other Exchanges
N/A
Address
2002 Renminnan Road, 5/F Carrianna Friendship Square, Lo Wu District, Shenzhen, CHN
Carrianna Group Holdings Co Ltd is a Hong Kong-based investment holding company. It is organised into business units based on their products and services and has two reportable operating segments the Restaurant, Food, and Hotel segment and Property Investment and development segment. The company derives the majority of revenue from Restaurant, Food and Hotel segment which is engaged in restaurant and hotel operations and the provision of food and beverage services. Further, the Property Investment segment comprises the development and sale of properties and the leasing of residential, commercial, and industrial properties. Geographically, the company generates the majority of its revenue from China.
Executives
Ma Kai Cheung 2101 Beneficial owner
Ma Kai Yum 2101 Beneficial owner
East Asia International Trustees Limited
Ng Sze Ping 2202 Interest of your spouse
Chen Chu Zhen
Cai Rong Kong Gu Ji Tuan You Xian Gong Si

Carrianna Group Holdings Co (HKSE:00126) Headlines

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