GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lorenzo International Ltd (SGX:5IE) » Definitions » Gross Margin %

Lorenzo International (SGX:5IE) Gross Margin % : 46.07% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Lorenzo International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lorenzo International's Gross Profit for the three months ended in Dec. 2023 was S$2.37 Mil. Lorenzo International's Revenue for the three months ended in Dec. 2023 was S$5.13 Mil. Therefore, Lorenzo International's Gross Margin % for the quarter that ended in Dec. 2023 was 46.07%.


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

SGX:5IE' s Gross Margin % Range Over the Past 10 Years
Min: 40.03   Med: 44.9   Max: 49.17
Current: 49.17


During the past 12 years, the highest Gross Margin % of Lorenzo International was 49.17%. The lowest was 40.03%. And the median was 44.90%.

SGX:5IE's Gross Margin % is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 28.42 vs SGX:5IE: 49.17

Lorenzo International had a gross margin of 46.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lorenzo International was 0.00% per year.


Lorenzo International Gross Margin % Historical Data

The historical data trend for Lorenzo International'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.

Lorenzo International Gross Margin % Chart

Lorenzo International Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Mar17 Mar18 Mar19 Mar20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.03 - 45.26 47.47 48.03

Lorenzo International Quarterly Data
Dec15 Jun16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.93 51.32 49.91 52.33 46.07

Competitive Comparison of Lorenzo International's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Lorenzo International'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.


Lorenzo International's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lorenzo International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lorenzo International's Gross Margin % falls into.



Lorenzo International Gross Margin % Calculation

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

Lorenzo International's Gross Margin for the fiscal year that ended in Mar. 2020 is calculated as

Gross Margin % (A: Mar. 2020 )=Gross Profit (A: Mar. 2020 ) / Revenue (A: Mar. 2020 )
=12.9 / 26.9
=(Revenue - Cost of Goods Sold) / Revenue
=(26.9 - 13.981) / 26.9
=48.03 %

Lorenzo International'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 )
=2.4 / 5.133
=(Revenue - Cost of Goods Sold) / Revenue
=(5.133 - 2.768) / 5.133
=46.07 %

* 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.


Lorenzo International  (SGX:5IE) 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

Lorenzo International had a gross margin of 46.07% for the quarter that ended in Dec. 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.


Lorenzo International Gross Margin % Related Terms

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


Lorenzo International (SGX:5IE) Business Description

Traded in Other Exchanges
N/A
Address
106 International Road, No. 02-00, Singapore, SGP, 629175
Lorenzo International Ltd is a branded lifestyle furniture retailer. The company sells its products under the Lorenzo brand name grouped under two main collections - Dante for classic leather sofas and Enzo for wood-based products. The group is organized into the following reportable operating segments: Furniture, and Building Materials. The company distributes its products across Singapore, Malaysia, Taiwan, China, and other regions. The company generates maximum revenue from Malaysia followed by Taiwan and Singapore.

Lorenzo International (SGX:5IE) Headlines

No Headlines