The historical rank and industry rank for AGTech Holdings's Gross Margin % or its related term are showing as below:
HKSE:08279'
s Gross Margin % Range Over the Past 10 Years
Min: 22.94 Med: 66.47 Max: 85.96
Current: 85.96
During the past 13 years, the highestGross Margin % of AGTech Holdings was 85.96%. The lowest was 22.94%. And the median was 66.47%.
HKSE:08279's Gross Margin % is ranked better than 91.17% of 770
companies
in the Travel & Leisure industry
Industry Median: 43.215
vs HKSE:08279: 85.96
AGTech Holdings had a gross margin of 82.24% for the quarter that ended in Sep. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for AGTech Holdings was 4.80% per year.
AGTech Holdings Gross Margin % Historical Data
The historical data trend for AGTech Holdings'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.
Competitive Comparison of AGTech Holdings's Gross Margin %
For the Gambling subindustry, AGTech 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.
AGTech Holdings's Gross Margin % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, AGTech Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AGTech Holdings's Gross Margin % falls into.
* 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.
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
AGTech Holdings had a gross margin of 82.24% for the quarter that ended in Sep. 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.
AGTech Holdings Gross Margin % Related Terms
Thank you for viewing the detailed overview of AGTech Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
AGTech Holdings Ltd is an investment holding company that operates in two segments. The lottery operation segment includes sales and leasing of lottery hardware (including the provision of related after-sale services), provision of lottery distribution and ancillary services in Mainland China; and other related services. The electronic payment & related services segment includes the provision of payment card services and ancillary services; the provision of e-wallet services; the provision of acquiring services for other payment service providers; the sale and leasing of payment terminals and equipment; and other related services in Macau & generates the majority of revenue. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from China.
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