Sing Pao Media Enterprises (HKSE:08010) Gross Margin % : 0.05% (As of Dec. 2014)

Sing Pao Media Enterprises Gross Margin % Chart

Sing Pao Media Enterprises Annual Data
	Trend	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14
Gross Margin %		Get a 7-Day Free Trial					-56.83	-31.02	16.42	41.51	36.01

Sing Pao Media Enterprises Quarterly Data
	Mar08	Mar09	Sep09	Mar10	Sep10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14
Gross Margin %	Get a 7-Day Free Trial															45.50	53.04	-2.14	-29.90	0.05

Competitive Comparison of Sing Pao Media Enterprises's Gross Margin %

For the Publishing subindustry, Sing Pao Media Enterprises'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.

Sing Pao Media Enterprises's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sing Pao Media Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sing Pao Media Enterprises's Gross Margin % falls into.

Sing Pao Media Enterprises Gross Margin % Calculation

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

Sing Pao Media Enterprises's Gross Margin for the fiscal year that ended in Mar. 2014 is calculated as

Sing Pao Media Enterprises's Gross Margin for the quarter that ended in Dec. 2014 is calculated as

* 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.

Sing Pao Media Enterprises  (HKSE:08010) 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

Sing Pao Media Enterprises had a gross margin of 0.05% for the quarter that ended in Dec. 2014 => 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.

Sing Pao Media Enterprises Gross Margin % Related Terms

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Sing Pao Media Enterprises (HKSE:08010) Business Description