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FSE Lifestyle Services (HKSE:00331) Gross Margin % : 12.55% (As of Dec. 2023)


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What is FSE Lifestyle Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FSE Lifestyle Services's Gross Profit for the six months ended in Dec. 2023 was HK$516 Mil. FSE Lifestyle Services's Revenue for the six months ended in Dec. 2023 was HK$4,115 Mil. Therefore, FSE Lifestyle Services's Gross Margin % for the quarter that ended in Dec. 2023 was 12.55%.


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

HKSE:00331' s Gross Margin % Range Over the Past 10 Years
Min: 10.71   Med: 13.29   Max: 17.59
Current: 12.64


During the past 11 years, the highest Gross Margin % of FSE Lifestyle Services was 17.59%. The lowest was 10.71%. And the median was 13.29%.

HKSE:00331's Gross Margin % is ranked worse than
67.14% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs HKSE:00331: 12.64

FSE Lifestyle Services had a gross margin of 12.55% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FSE Lifestyle Services was 1.90% per year.


FSE Lifestyle Services Gross Margin % Historical Data

The historical data trend for FSE Lifestyle Services'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.

FSE Lifestyle Services Gross Margin % Chart

FSE Lifestyle Services Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.19 16.67 17.59 14.25 13.54

FSE Lifestyle Services 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 14.81 13.72 14.41 12.74 12.55

Competitive Comparison of FSE Lifestyle Services's Gross Margin %

For the Engineering & Construction subindustry, FSE Lifestyle Services'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.


FSE Lifestyle Services's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, FSE Lifestyle Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FSE Lifestyle Services's Gross Margin % falls into.



FSE Lifestyle Services Gross Margin % Calculation

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

FSE Lifestyle Services's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1051.6 / 7767.209
=(Revenue - Cost of Goods Sold) / Revenue
=(7767.209 - 6715.594) / 7767.209
=13.54 %

FSE Lifestyle Services'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 )
=516.4 / 4114.523
=(Revenue - Cost of Goods Sold) / Revenue
=(4114.523 - 3598.168) / 4114.523
=12.55 %

* 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.


FSE Lifestyle Services  (HKSE:00331) 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

FSE Lifestyle Services had a gross margin of 12.55% 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.


FSE Lifestyle Services Gross Margin % Related Terms

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


FSE Lifestyle Services (HKSE:00331) Business Description

Traded in Other Exchanges
N/A
Address
Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.
Executives
Doo Wai Hoi William 2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy 2201 Interest of corporation controlled by you
Fse Holdings Limited 2201 Interest of corporation controlled by you
Sino Spring Global Limited 2201 Interest of corporation controlled by you
Fse Management Company Limited 2101 Beneficial owner

FSE Lifestyle Services (HKSE:00331) Headlines

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