China Graphite Group (HKSE:02237) Gross Margin % : 36.68% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is China Graphite Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Graphite Group's Gross Profit for the six months ended in Dec. 2023 was HK$62.1 Mil. China Graphite Group's Revenue for the six months ended in Dec. 2023 was HK$169.3 Mil. Therefore, China Graphite Group's Gross Margin % for the quarter that ended in Dec. 2023 was 36.68%.

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

HKSE:02237' s Gross Margin % Range Over the Past 10 Years
Min: 36.47 Med: 48.03 Max: 49.67
Current: 36.47

During the past 5 years, the highest Gross Margin % of China Graphite Group was 49.67%. The lowest was 36.47%. And the median was 48.03%.

HKSE:02237's Gross Margin % is ranked better than
72.83% of 703 companies
in the Metals & Mining industry
Industry Median: 19.14 vs HKSE:02237: 36.47

China Graphite Group had a gross margin of 36.68% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for China Graphite Group was 0.00% per year.

China Graphite Group Gross Margin % Historical Data

The historical data trend for China Graphite 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.

China Graphite Group Gross Margin % Chart

China Graphite Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

48.03

49.33

46.90

49.67

36.47

China Graphite Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			49.72	44.11	52.56	35.76	36.68

Competitive Comparison of China Graphite Group's Gross Margin %

For the Other Industrial Metals & Mining subindustry, China Graphite 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.

China Graphite Group's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Graphite Group's Gross Margin % distribution charts can be found below:

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

China Graphite Group Gross Margin % Calculation

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

China Graphite 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 )
	=	80.6	/	220.937
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(220.937 - 140.369)	/	220.937
	=	36.47 %

China Graphite 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 )
	=	62.1	/	169.298
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(169.298 - 107.197)	/	169.298
	=	36.68 %

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.

China Graphite Group (HKSE:02237) 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

China Graphite Group had a gross margin of 36.68% 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.

China Graphite Group Gross Margin % Related Terms

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

China Graphite Group (HKSE:02237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN

Website

https://www.chinagraphite.com.hk

China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.

China Graphite Group (HKSE:02237) Headlines

No Headlines