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Alltronics Holdings (HKSE:00833) Gross Margin % : 23.60% (As of Dec. 2023)


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What is Alltronics Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alltronics Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$146 Mil. Alltronics Holdings's Revenue for the six months ended in Dec. 2023 was HK$618 Mil. Therefore, Alltronics Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 23.60%.


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

HKSE:00833' s Gross Margin % Range Over the Past 10 Years
Min: 14.47   Med: 18.41   Max: 21.69
Current: 20.94


During the past 13 years, the highest Gross Margin % of Alltronics Holdings was 21.69%. The lowest was 14.47%. And the median was 18.41%.

HKSE:00833's Gross Margin % is ranked worse than
58.2% of 2438 companies
in the Hardware industry
Industry Median: 24.465 vs HKSE:00833: 20.94

Alltronics Holdings had a gross margin of 23.60% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Alltronics Holdings was 7.30% per year.


Alltronics Holdings Gross Margin % Historical Data

The historical data trend for Alltronics 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.

Alltronics Holdings Gross Margin % Chart

Alltronics 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 14.56 18.82 15.71 18.97 20.94

Alltronics 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 14.90 15.27 22.60 18.68 23.60

Competitive Comparison of Alltronics Holdings's Gross Margin %

For the Electronic Components subindustry, Alltronics 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.


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

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

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



Alltronics Holdings Gross Margin % Calculation

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

Alltronics 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 )
=282.1 / 1347.416
=(Revenue - Cost of Goods Sold) / Revenue
=(1347.416 - 1065.275) / 1347.416
=20.94 %

Alltronics 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 )
=145.9 / 618.168
=(Revenue - Cost of Goods Sold) / Revenue
=(618.168 - 472.268) / 618.168
=23.60 %

* 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.


Alltronics Holdings  (HKSE:00833) 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

Alltronics Holdings had a gross margin of 23.60% 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.


Alltronics Holdings Gross Margin % Related Terms

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


Alltronics Holdings (HKSE:00833) Business Description

Traded in Other Exchanges
N/A
Address
18 Whitfield Road, Unit 408, 4th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Alltronics Holdings Ltd is an investment holding company. The group has three reportable operating segments as follows: Electronic Products, Biodiesel Products and Energy Saving Business. The Electronic Products segment is engaged in the manufacturing and trading of electronic products, plastic moulds, plastic and other components for electronic products. The Biodiesel Products segment is engaged in the trading of biodiesel products in Hong Kong, and the Energy Saving Business segment is involved in the provision of energy-saving business solutions to customers. The majority of its revenue is derived from Electronic Products. Its primary geographic markets include the United States, Hong Kong, Europe, PRC and other overseas countries.
Executives
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Lam Yin Kee 2101 Beneficial owner
Yeung Po Wah 2202 Interest of your spouse
Liu Jing 2101 Beneficial owner
Profit International Holdings Limited 2101 Beneficial owner
Lijiang Investment Holdings Limited 2101 Beneficial owner

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