Eco-Tek Holdings (HKSE:08169) Gross Margin % : 36.39% (As of Oct. 2023)

Eco-Tek Holdings Gross Margin % Chart

Eco-Tek Holdings Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Gross Margin %		Get a 7-Day Free Trial					31.46	31.91	28.96	32.09	36.23

Eco-Tek Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Gross Margin %	Get a 7-Day Free Trial															33.68	35.66	37.95	34.61	36.39

Competitive Comparison of Eco-Tek Holdings's Gross Margin %

For the Pollution & Treatment Controls subindustry, Eco-Tek 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.

Eco-Tek Holdings's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eco-Tek Holdings's Gross Margin % distribution charts can be found below:

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

Eco-Tek Holdings Gross Margin % Calculation

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

Eco-Tek Holdings's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Eco-Tek Holdings's Gross Margin for the quarter that ended in Oct. 2023 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.

Eco-Tek Holdings  (HKSE:08169) 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

Eco-Tek Holdings had a gross margin of 36.39% for the quarter that ended in Oct. 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.

Eco-Tek Holdings Gross Margin % Related Terms

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Eco-Tek Holdings (HKSE:08169) Business Description