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Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Gross Margin % : 23.61% (As of Mar. 2024)


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What is Guizhou Transportation Planning Survey & Design Academe Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Guizhou Transportation Planning Survey & Design Academe Co's Gross Profit for the three months ended in Mar. 2024 was ¥62 Mil. Guizhou Transportation Planning Survey & Design Academe Co's Revenue for the three months ended in Mar. 2024 was ¥262 Mil. Therefore, Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin % for the quarter that ended in Mar. 2024 was 23.61%.

Warning Sign:

Guizhou Transportation Planning Survey & Design Academe Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.8%.


The historical rank and industry rank for Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin % or its related term are showing as below:

SHSE:603458' s Gross Margin % Range Over the Past 10 Years
Min: 26.9   Med: 35.07   Max: 41.91
Current: 32.47


During the past 12 years, the highest Gross Margin % of Guizhou Transportation Planning Survey & Design Academe Co was 41.91%. The lowest was 26.90%. And the median was 35.07%.

SHSE:603458's Gross Margin % is ranked better than
73.71% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs SHSE:603458: 32.47

Guizhou Transportation Planning Survey & Design Academe Co had a gross margin of 23.61% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Guizhou Transportation Planning Survey & Design Academe Co was -4.80% per year.


Guizhou Transportation Planning Survey & Design Academe Co Gross Margin % Historical Data

The historical data trend for Guizhou Transportation Planning Survey & Design Academe Co'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.

Guizhou Transportation Planning Survey & Design Academe Co Gross Margin % Chart

Guizhou Transportation Planning Survey & Design Academe Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.55 41.91 36.63 33.36 32.02

Guizhou Transportation Planning Survey & Design Academe Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.87 28.40 36.20 37.39 23.61

Competitive Comparison of Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin %

For the Engineering & Construction subindustry, Guizhou Transportation Planning Survey & Design Academe Co'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.


Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin % falls into.



Guizhou Transportation Planning Survey & Design Academe Co Gross Margin % Calculation

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

Guizhou Transportation Planning Survey & Design Academe Co'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 )
=647 / 2020.929
=(Revenue - Cost of Goods Sold) / Revenue
=(2020.929 - 1373.89) / 2020.929
=32.02 %

Guizhou Transportation Planning Survey & Design Academe Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=62 / 262.477
=(Revenue - Cost of Goods Sold) / Revenue
=(262.477 - 200.511) / 262.477
=23.61 %

* 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.


Guizhou Transportation Planning Survey & Design Academe Co  (SHSE:603458) 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

Guizhou Transportation Planning Survey & Design Academe Co had a gross margin of 23.61% for the quarter that ended in Mar. 2024 => 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.


Guizhou Transportation Planning Survey & Design Academe Co Gross Margin % Related Terms

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Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Business Description

Traded in Other Exchanges
N/A
Address
Guiyang National High-tech Industrial Development Zone, No. 100, Yangguan Avenue, Guizhou Province, Guiyang, CHN, 550081
Guizhou Transportation Planning Survey & Design Academe Co Ltd is an engineering consulting and contracting company. It mainly provides survey, design, consulting, test and inspection, supervision, construction, general contracting and other projects in the fields of highways, bridges, tunnels, geotechnical, electromechanical, municipal, construction, port and waterway.
Executives
Huang Guo Jian Directors, senior managers
Yang Jian senior management
Li Ying Hong senior management

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