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Wus Printed Circuit (Kunshan) Co (SZSE:002463) Gross Margin % : 33.86% (As of Mar. 2024)


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What is Wus Printed Circuit (Kunshan) Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wus Printed Circuit (Kunshan) Co's Gross Profit for the three months ended in Mar. 2024 was ¥875 Mil. Wus Printed Circuit (Kunshan) Co's Revenue for the three months ended in Mar. 2024 was ¥2,584 Mil. Therefore, Wus Printed Circuit (Kunshan) Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.86%.


The historical rank and industry rank for Wus Printed Circuit (Kunshan) Co's Gross Margin % or its related term are showing as below:

SZSE:002463' s Gross Margin % Range Over the Past 10 Years
Min: 11.72   Med: 25.3   Max: 32.94
Current: 32.94


During the past 13 years, the highest Gross Margin % of Wus Printed Circuit (Kunshan) Co was 32.94%. The lowest was 11.72%. And the median was 25.30%.

SZSE:002463's Gross Margin % is ranked better than
66.58% of 2439 companies
in the Hardware industry
Industry Median: 24.31 vs SZSE:002463: 32.94

Wus Printed Circuit (Kunshan) Co had a gross margin of 33.86% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wus Printed Circuit (Kunshan) Co was 4.10% per year.


Wus Printed Circuit (Kunshan) Co Gross Margin % Historical Data

The historical data trend for Wus Printed Circuit (Kunshan) 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.

Wus Printed Circuit (Kunshan) Co Gross Margin % Chart

Wus Printed Circuit (Kunshan) 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 29.53 30.37 27.18 30.28 31.17

Wus Printed Circuit (Kunshan) 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 25.73 33.46 32.12 32.44 33.86

Competitive Comparison of Wus Printed Circuit (Kunshan) Co's Gross Margin %

For the Electronic Components subindustry, Wus Printed Circuit (Kunshan) 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.


Wus Printed Circuit (Kunshan) Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wus Printed Circuit (Kunshan) Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wus Printed Circuit (Kunshan) Co's Gross Margin % falls into.



Wus Printed Circuit (Kunshan) Co Gross Margin % Calculation

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

Wus Printed Circuit (Kunshan) 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 )
=2786.1 / 8938.309
=(Revenue - Cost of Goods Sold) / Revenue
=(8938.309 - 6152.203) / 8938.309
=31.17 %

Wus Printed Circuit (Kunshan) 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 )
=875 / 2584.035
=(Revenue - Cost of Goods Sold) / Revenue
=(2584.035 - 1709.046) / 2584.035
=33.86 %

* 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.


Wus Printed Circuit (Kunshan) Co  (SZSE:002463) 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

Wus Printed Circuit (Kunshan) Co had a gross margin of 33.86% 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.


Wus Printed Circuit (Kunshan) Co Gross Margin % Related Terms

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Wus Printed Circuit (Kunshan) Co (SZSE:002463) Business Description

Traded in Other Exchanges
N/A
Address
55 North Hei Long Jiang Road, Kunshan City, CHN, 215301
Wus Printed Circuit (Kunshan) Co Ltd is a China-based company. It is principally engaged in the manufacture, distribution and after-sale services of printed circuit boards (PCBs). The company's products include enterprise communication market boards, office and industrial equipment boards, automobile boards, consumer electronic boards and other products.

Wus Printed Circuit (Kunshan) Co (SZSE:002463) Headlines

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