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Besunyen Holdings Co (HKSE:00926) Gross Margin % : 62.06% (As of Dec. 2023)


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What is Besunyen Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Besunyen Holdings Co's Gross Profit for the six months ended in Dec. 2023 was HK$135.7 Mil. Besunyen Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$218.6 Mil. Therefore, Besunyen Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 62.06%.

Warning Sign:

Besunyen Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


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

HKSE:00926' s Gross Margin % Range Over the Past 10 Years
Min: 61.47   Med: 71.31   Max: 89.65
Current: 63.78


During the past 13 years, the highest Gross Margin % of Besunyen Holdings Co was 89.65%. The lowest was 61.47%. And the median was 71.31%.

HKSE:00926's Gross Margin % is ranked better than
91.87% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.19 vs HKSE:00926: 63.78

Besunyen Holdings Co had a gross margin of 62.06% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Besunyen Holdings Co was -2.40% per year.


Besunyen Holdings Co Gross Margin % Historical Data

The historical data trend for Besunyen 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.

Besunyen Holdings Co Gross Margin % Chart

Besunyen Holdings Co 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 71.96 70.65 63.44 61.47 63.78

Besunyen Holdings Co 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 56.38 60.01 62.96 64.77 62.06

Competitive Comparison of Besunyen Holdings Co's Gross Margin %

For the Packaged Foods subindustry, Besunyen 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.


Besunyen Holdings Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Besunyen Holdings Co's Gross Margin % distribution charts can be found below:

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



Besunyen Holdings Co Gross Margin % Calculation

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

Besunyen Holdings Co'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 )
=378.7 / 593.786
=(Revenue - Cost of Goods Sold) / Revenue
=(593.786 - 215.098) / 593.786
=63.78 %

Besunyen Holdings Co'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 )
=135.7 / 218.634
=(Revenue - Cost of Goods Sold) / Revenue
=(218.634 - 82.94) / 218.634
=62.06 %

* 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.


Besunyen Holdings Co  (HKSE:00926) 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

Besunyen Holdings Co had a gross margin of 62.06% for the quarter that ended in Dec. 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.


Besunyen Holdings Co Gross Margin % Related Terms

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Besunyen Holdings Co (HKSE:00926) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Qiushi Industrial Park, Fangshan District, Doudian Town, Beijing, CHN, 102433
Besunyen Holdings Co Ltd is engaged in the production and sales of health food, pharmaceutical ingredients and preparations and food products. The group uses natural Chinese herbal-based medicine and tea leaves as raw materials, researches and develops, formulates and produces the Two Teas. Besunyen Detox Tea and Besunyen Slimming Tea are the company's products. The firm operates in two segments, the Tea products segment and Weight-loss and other medicines segment.

Besunyen Holdings Co (HKSE:00926) Headlines

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