Yangzijiang Financial Holding (SGX:YF8) Gross Margin % : 88.75% (As of Dec. 2023)

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What is Yangzijiang Financial Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yangzijiang Financial Holding's Gross Profit for the six months ended in Dec. 2023 was S$151.5 Mil. Yangzijiang Financial Holding's Revenue for the six months ended in Dec. 2023 was S$170.7 Mil. Therefore, Yangzijiang Financial Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 88.75%.

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

SGX:YF8' s Gross Margin % Range Over the Past 10 Years
Min: 90.68 Med: 95.29 Max: 95.61
Current: 90.68

During the past 5 years, the highest Gross Margin % of Yangzijiang Financial Holding was 95.61%. The lowest was 90.68%. And the median was 95.29%.

SGX:YF8's Gross Margin % is ranked better than
82.52% of 532 companies
in the Asset Management industry
Industry Median: 51.905 vs SGX:YF8: 90.68

Yangzijiang Financial Holding had a gross margin of 88.75% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yangzijiang Financial Holding was 0.00% per year.

Yangzijiang Financial Holding Gross Margin % Historical Data

The historical data trend for Yangzijiang Financial Holding'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.

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Yangzijiang Financial Holding Gross Margin % Chart

Yangzijiang Financial Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

95.61

95.29

95.42

93.69

90.68

Yangzijiang Financial Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			95.61	93.92	93.38	92.81	88.75

Competitive Comparison of Yangzijiang Financial Holding's Gross Margin %

For the Asset Management subindustry, Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Yangzijiang Financial Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yangzijiang Financial Holding's Gross Margin % falls into.

Yangzijiang Financial Holding Gross Margin % Calculation

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

Yangzijiang Financial Holding'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 )
	=	295.6	/	325.952
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(325.952 - 30.369)	/	325.952
	=	90.68 %

Yangzijiang Financial Holding'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 )
	=	151.5	/	170.708
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(170.708 - 19.201)	/	170.708
	=	88.75 %

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.

Yangzijiang Financial Holding (SGX:YF8) 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

Yangzijiang Financial Holding had a gross margin of 88.75% 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.

Yangzijiang Financial Holding Gross Margin % Related Terms

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Yangzijiang Financial Holding (SGX:YF8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Yangzijiang Financial Holding Ltd (SGX:YF8) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

YNGFF:USA

Address

9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619

Website

https://www.yzjfin.com

Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

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