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Dexin Services Group (HKSE:02215) Gross Margin % : 19.47% (As of Dec. 2023)


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What is Dexin Services Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dexin Services Group's Gross Profit for the six months ended in Dec. 2023 was HK$106 Mil. Dexin Services Group's Revenue for the six months ended in Dec. 2023 was HK$544 Mil. Therefore, Dexin Services Group's Gross Margin % for the quarter that ended in Dec. 2023 was 19.47%.


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

HKSE:02215' s Gross Margin % Range Over the Past 10 Years
Min: 23.65   Med: 28.29   Max: 34.36
Current: 23.66


During the past 6 years, the highest Gross Margin % of Dexin Services Group was 34.36%. The lowest was 23.65%. And the median was 28.29%.

HKSE:02215's Gross Margin % is ranked worse than
69.76% of 1647 companies
in the Real Estate industry
Industry Median: 36.68 vs HKSE:02215: 23.66

Dexin Services Group had a gross margin of 19.47% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dexin Services Group was -0.10% per year.


Dexin Services Group Gross Margin % Historical Data

The historical data trend for Dexin Services Group'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.

Dexin Services Group Gross Margin % Chart

Dexin Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 28.26 34.05 34.36 28.31 23.65

Dexin Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.26 31.77 24.77 28.20 19.47

Competitive Comparison of Dexin Services Group's Gross Margin %

For the Real Estate Services subindustry, Dexin Services Group'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.


Dexin Services Group's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dexin Services Group's Gross Margin % distribution charts can be found below:

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



Dexin Services Group Gross Margin % Calculation

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

Dexin Services Group'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 )
=247.2 / 1045.193
=(Revenue - Cost of Goods Sold) / Revenue
=(1045.193 - 797.956) / 1045.193
=23.65 %

Dexin Services Group'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 )
=105.9 / 544.218
=(Revenue - Cost of Goods Sold) / Revenue
=(544.218 - 438.27) / 544.218
=19.47 %

* 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.


Dexin Services Group  (HKSE:02215) 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

Dexin Services Group had a gross margin of 19.47% 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.


Dexin Services Group Gross Margin % Related Terms

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


Dexin Services Group (HKSE:02215) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN
Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.
Executives
Guotai Junan Securities Co., Ltd. 2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-hmtz-qdii-single Asset Management Plan And Huaan-ry-qdii-single Asset Management Plan 2501 Other
Hu Yiping
Shengfu International Limited
Wei Peifen
Kaibang International Limited
Hong Kong Mei Lun Int'l Co., Limited
Jin Liang
Shen Yuehua
Hua An Ji Jin Guan Li You Xian Gong Si Dai Biao Hua An Ji Jin Hua Mei Tou Zi Hua An Ji Jin Nan Dou W 2501 Other

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