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Guangdong Dowstone Technology co (SZSE:300409) Gross Margin % : 19.15% (As of Sep. 2024)


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What is Guangdong Dowstone Technology co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Guangdong Dowstone Technology co's Gross Profit for the three months ended in Sep. 2024 was ¥378 Mil. Guangdong Dowstone Technology co's Revenue for the three months ended in Sep. 2024 was ¥1,975 Mil. Therefore, Guangdong Dowstone Technology co's Gross Margin % for the quarter that ended in Sep. 2024 was 19.15%.

Warning Sign:

Guangdong Dowstone Technology co Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.5%.


The historical rank and industry rank for Guangdong Dowstone Technology co's Gross Margin % or its related term are showing as below:

SZSE:300409' s Gross Margin % Range Over the Past 10 Years
Min: 15.97   Med: 28.41   Max: 45.02
Current: 18.21


During the past 13 years, the highest Gross Margin % of Guangdong Dowstone Technology co was 45.02%. The lowest was 15.97%. And the median was 28.41%.

SZSE:300409's Gross Margin % is ranked worse than
61.34% of 1513 companies
in the Chemicals industry
Industry Median: 21.85 vs SZSE:300409: 18.21

Guangdong Dowstone Technology co had a gross margin of 19.15% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Guangdong Dowstone Technology co was -12.50% per year.


Guangdong Dowstone Technology co Gross Margin % Historical Data

The historical data trend for Guangdong Dowstone Technology 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.

Guangdong Dowstone Technology co Gross Margin % Chart

Guangdong Dowstone Technology 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 25.92 23.04 23.34 16.35 15.97

Guangdong Dowstone Technology co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 17.64 19.22 14.69 19.73 19.15

Competitive Comparison of Guangdong Dowstone Technology co's Gross Margin %

For the Specialty Chemicals subindustry, Guangdong Dowstone Technology 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.


Guangdong Dowstone Technology co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Dowstone Technology co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Dowstone Technology co's Gross Margin % falls into.



Guangdong Dowstone Technology co Gross Margin % Calculation

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

Guangdong Dowstone Technology 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 )
=1165.3 / 7295.641
=(Revenue - Cost of Goods Sold) / Revenue
=(7295.641 - 6130.311) / 7295.641
=15.97 %

Guangdong Dowstone Technology co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=378.2 / 1974.909
=(Revenue - Cost of Goods Sold) / Revenue
=(1974.909 - 1596.746) / 1974.909
=19.15 %

* 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.


Guangdong Dowstone Technology co  (SZSE:300409) 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

Guangdong Dowstone Technology co had a gross margin of 19.15% for the quarter that ended in Sep. 2024 => No sustainable 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.


Guangdong Dowstone Technology co Gross Margin % Related Terms

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Guangdong Dowstone Technology co Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, 30 world Jihua, Four Italian American Ceramic Sanitary Ware, Foshan, Guangdong, CHN
Guangdong Dowstone Technology co Ltd is a domestic ceramic product full-service chain product and service provider. The company also provides package product solutions and raw material procurement management services for high-end ceramics manufacturers at home and abroad. Its product offerings include Ceramic ink, Enamel glaze, One-time burning, Full caste Glaze, and others. The company's solutions consist of Digital overall solution, Finished glaze overall solution, Dry powder dry granule overall solution, Total solution service process, and other solutions.
Executives
Zhang Yi Directors, executives
Rong Ji Hua Director
Wang Hai Qing Director
Liang Hai Yan Director
He Xiang Yong Executives

Guangdong Dowstone Technology co Headlines

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