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Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Gross Margin % : 30.68% (As of Mar. 2024)


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What is Shan Dong Yisheng Livestock & Poultry Breeding Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Profit for the three months ended in Mar. 2024 was ¥211 Mil. Shan Dong Yisheng Livestock & Poultry Breeding Co's Revenue for the three months ended in Mar. 2024 was ¥687 Mil. Therefore, Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Margin % for the quarter that ended in Mar. 2024 was 30.68%.

Warning Sign:

Shan Dong Yisheng Livestock & Poultry Breeding Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -33.6%.


The historical rank and industry rank for Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Margin % or its related term are showing as below:

SZSE:002458' s Gross Margin % Range Over the Past 10 Years
Min: -37.58   Med: 13.92   Max: 65.37
Current: 26.95


During the past 13 years, the highest Gross Margin % of Shan Dong Yisheng Livestock & Poultry Breeding Co was 65.37%. The lowest was -37.58%. And the median was 13.92%.

SZSE:002458's Gross Margin % is ranked better than
53.76% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs SZSE:002458: 26.95

Shan Dong Yisheng Livestock & Poultry Breeding Co had a gross margin of 30.68% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shan Dong Yisheng Livestock & Poultry Breeding Co was -33.60% per year.


Shan Dong Yisheng Livestock & Poultry Breeding Co Gross Margin % Historical Data

The historical data trend for Shan Dong Yisheng Livestock & Poultry Breeding 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.

Shan Dong Yisheng Livestock & Poultry Breeding Co Gross Margin % Chart

Shan Dong Yisheng Livestock & Poultry Breeding 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 65.37 13.54 14.29 0.71 31.61

Shan Dong Yisheng Livestock & Poultry Breeding 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 46.20 39.22 27.42 1.38 30.68

Competitive Comparison of Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Margin %

For the Farm Products subindustry, Shan Dong Yisheng Livestock & Poultry Breeding 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.


Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shan Dong Yisheng Livestock & Poultry Breeding Co's Gross Margin % falls into.



Shan Dong Yisheng Livestock & Poultry Breeding Co Gross Margin % Calculation

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

Shan Dong Yisheng Livestock & Poultry Breeding 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 )
=1019.2 / 3224.677
=(Revenue - Cost of Goods Sold) / Revenue
=(3224.677 - 2205.514) / 3224.677
=31.61 %

Shan Dong Yisheng Livestock & Poultry Breeding 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 )
=210.9 / 687.416
=(Revenue - Cost of Goods Sold) / Revenue
=(687.416 - 476.548) / 687.416
=30.68 %

* 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.


Shan Dong Yisheng Livestock & Poultry Breeding Co  (SZSE:002458) 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

Shan Dong Yisheng Livestock & Poultry Breeding Co had a gross margin of 30.68% 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.


Shan Dong Yisheng Livestock & Poultry Breeding Co Gross Margin % Related Terms

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Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Business Description

Traded in Other Exchanges
N/A
Address
Chaoyang Street, Shandong Province, Yantai, CHN, 265508
Shan Dong Yisheng Livestock & Poultry Breeding Co Ltd is principally engaged in chicken breeding in China.
Executives
Cao Ji Sheng Directors, executives
Zhao Gui Ping Independent director
Qu Li Xin Directors, executives
Ji Yong Mei Directors, Directors, and Executives
Geng Pei Liang Director
Gong Xin Min Directors, executives
Lin Jie Directors, executives
Yin Tao Securities Affairs Representative
Sun Xiu Ni Supervisors
Cao Xue Hong Supervisors
Tang Wen Tao Securities Affairs Representative
Jiang Tai Bang Directors, executives
Chi Han Dong Directors, executives
Ren Sheng Hao Supervisors
Li Xiu Guo Supervisors

Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Headlines

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