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Shanghai Xujiahui Commercial Co (SZSE:002561) Gross Margin % : 59.01% (As of Mar. 2024)


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What is Shanghai Xujiahui Commercial Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Xujiahui Commercial Co's Gross Profit for the three months ended in Mar. 2024 was ¥79.4 Mil. Shanghai Xujiahui Commercial Co's Revenue for the three months ended in Mar. 2024 was ¥134.6 Mil. Therefore, Shanghai Xujiahui Commercial Co's Gross Margin % for the quarter that ended in Mar. 2024 was 59.01%.


The historical rank and industry rank for Shanghai Xujiahui Commercial Co's Gross Margin % or its related term are showing as below:

SZSE:002561' s Gross Margin % Range Over the Past 10 Years
Min: 28.83   Med: 30.53   Max: 58.71
Current: 58.71


During the past 13 years, the highest Gross Margin % of Shanghai Xujiahui Commercial Co was 58.71%. The lowest was 28.83%. And the median was 30.53%.

SZSE:002561's Gross Margin % is ranked better than
84.4% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.64 vs SZSE:002561: 58.71

Shanghai Xujiahui Commercial Co had a gross margin of 59.01% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shanghai Xujiahui Commercial Co was 16.00% per year.


Shanghai Xujiahui Commercial Co Gross Margin % Historical Data

The historical data trend for Shanghai Xujiahui Commercial 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.

Shanghai Xujiahui Commercial Co Gross Margin % Chart

Shanghai Xujiahui Commercial 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 29.07 57.29 58.62 50.98 57.97

Shanghai Xujiahui Commercial 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 56.34 60.89 55.52 59.33 59.01

Competitive Comparison of Shanghai Xujiahui Commercial Co's Gross Margin %

For the Department Stores subindustry, Shanghai Xujiahui Commercial 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.


Shanghai Xujiahui Commercial Co's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Xujiahui Commercial Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Xujiahui Commercial Co's Gross Margin % falls into.



Shanghai Xujiahui Commercial Co Gross Margin % Calculation

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

Shanghai Xujiahui Commercial 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 )
=313.9 / 541.558
=(Revenue - Cost of Goods Sold) / Revenue
=(541.558 - 227.631) / 541.558
=57.97 %

Shanghai Xujiahui Commercial 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 )
=79.4 / 134.636
=(Revenue - Cost of Goods Sold) / Revenue
=(134.636 - 55.194) / 134.636
=59.01 %

* 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.


Shanghai Xujiahui Commercial Co  (SZSE:002561) 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

Shanghai Xujiahui Commercial Co had a gross margin of 59.01% for the quarter that ended in Mar. 2024 => 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.


Shanghai Xujiahui Commercial Co Gross Margin % Related Terms

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Shanghai Xujiahui Commercial Co (SZSE:002561) Business Description

Traded in Other Exchanges
N/A
Address
Number 1068, Zhaojiabang Road, Xuhui District, Shanghai, CHN, 1000
Shanghai Xujiahui Commercial Co Ltd is a China-based company engaged in the department stores retailing businesses. The company provides women's apparels, men's apparels and accessories, sporting goods, sports equipment, massage equipment, medicines, cosmetics, jewelry, watches and clocks, glasses, handbags, bedding, children's products, kitchen appliances and casual dining services through the retailing shopping malls.
Executives
Wang Bin Directors, executives
Chen Hui Yuan Securities Affairs Representative
Jin Guo Liang Director
Dai Zheng Kun Directors, executives
Yu Jia Liang Supervisors
Wang Lu Directors, executives
Tong Guang Yao Directors, executives
Liang Zhong Qiu Executives
Gao Yun Song Supervisors
Shi Wan Di Supervisors

Shanghai Xujiahui Commercial Co (SZSE:002561) Headlines

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