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Alco Holdings (HKSE:00328) Gross Margin % : 5.28% (As of Sep. 2023)


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What is Alco Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alco Holdings's Gross Profit for the six months ended in Sep. 2023 was HK$4.5 Mil. Alco Holdings's Revenue for the six months ended in Sep. 2023 was HK$85.7 Mil. Therefore, Alco Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 5.28%.


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

HKSE:00328' s Gross Margin % Range Over the Past 10 Years
Min: -20.61   Med: -0.07   Max: 17.31
Current: -4.14


During the past 13 years, the highest Gross Margin % of Alco Holdings was 17.31%. The lowest was -20.61%. And the median was -0.07%.

HKSE:00328's Gross Margin % is ranked worse than
97.34% of 2440 companies
in the Hardware industry
Industry Median: 24.375 vs HKSE:00328: -4.14

Alco Holdings had a gross margin of 5.28% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Alco Holdings was 0.00% per year.


Alco Holdings Gross Margin % Historical Data

The historical data trend for Alco 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.

Alco Holdings Gross Margin % Chart

Alco Holdings 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 -13.44 -6.67 -4.87 -20.61 -12.26

Alco Holdings 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 2.92 -64.59 -2.57 -25.74 5.28

Competitive Comparison of Alco Holdings's Gross Margin %

For the Consumer Electronics subindustry, Alco 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.


Alco Holdings's Gross Margin % Distribution in the Hardware Industry

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

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



Alco Holdings Gross Margin % Calculation

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

Alco Holdings'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 )
=-11 / 89.321
=(Revenue - Cost of Goods Sold) / Revenue
=(89.321 - 100.273) / 89.321
=-12.26 %

Alco Holdings'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 )
=4.5 / 85.686
=(Revenue - Cost of Goods Sold) / Revenue
=(85.686 - 81.16) / 85.686
=5.28 %

* 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.


Alco Holdings  (HKSE:00328) 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

Alco Holdings had a gross margin of 5.28% for the quarter that ended in Sep. 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.


Alco Holdings Gross Margin % Related Terms

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


Alco Holdings (HKSE:00328) Business Description

Traded in Other Exchanges
N/A
Address
2 On Yiu Street, 11th Floor, Metropole Square, Sha Tin, New Territories, Hong Kong, HKG
Alco Holdings Ltd is an investment holding company. The company's operating segment includes AV products and Notebook products. It generates maximum revenue from the Notebook products segment. The AV products segment is involved in the design, manufacture, and sale of consumer electronic products, including audio, video, and tablet products. Its Notebook products segment is engaged in the design, manufacture, and sale of commercial notebooks and personal computer products. Geographically, it derives a majority of its revenue from Asia and also has a presence in North America; Europe, and Other Countries.

Alco Holdings (HKSE:00328) Headlines

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