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HySum Flexibles Global (SZSE:300501) Gross Margin % : 28.89% (As of Mar. 2024)


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What is HySum Flexibles Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HySum Flexibles Global's Gross Profit for the three months ended in Mar. 2024 was ¥75 Mil. HySum Flexibles Global's Revenue for the three months ended in Mar. 2024 was ¥259 Mil. Therefore, HySum Flexibles Global's Gross Margin % for the quarter that ended in Mar. 2024 was 28.89%.

Warning Sign:

HySum Flexibles Global Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


The historical rank and industry rank for HySum Flexibles Global's Gross Margin % or its related term are showing as below:

SZSE:300501' s Gross Margin % Range Over the Past 10 Years
Min: 26.83   Med: 33.42   Max: 38.69
Current: 30.36


During the past 13 years, the highest Gross Margin % of HySum Flexibles Global was 38.69%. The lowest was 26.83%. And the median was 33.42%.

SZSE:300501's Gross Margin % is ranked better than
72.09% of 369 companies
in the Packaging & Containers industry
Industry Median: 21.77 vs SZSE:300501: 30.36

HySum Flexibles Global had a gross margin of 28.89% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for HySum Flexibles Global was -2.90% per year.


HySum Flexibles Global Gross Margin % Historical Data

The historical data trend for HySum Flexibles Global'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.

HySum Flexibles Global Gross Margin % Chart

HySum Flexibles Global 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 31.16 34.16 28.83 26.83 30.19

HySum Flexibles Global 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 28.24 29.53 30.14 32.84 28.89

Competitive Comparison of HySum Flexibles Global's Gross Margin %

For the Packaging & Containers subindustry, HySum Flexibles Global'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.


HySum Flexibles Global's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, HySum Flexibles Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where HySum Flexibles Global's Gross Margin % falls into.



HySum Flexibles Global Gross Margin % Calculation

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

HySum Flexibles Global'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 )
=308.2 / 1020.872
=(Revenue - Cost of Goods Sold) / Revenue
=(1020.872 - 712.66) / 1020.872
=30.19 %

HySum Flexibles Global'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 )
=74.7 / 258.679
=(Revenue - Cost of Goods Sold) / Revenue
=(258.679 - 183.952) / 258.679
=28.89 %

* 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.


HySum Flexibles Global  (SZSE:300501) 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

HySum Flexibles Global had a gross margin of 28.89% 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.


HySum Flexibles Global Gross Margin % Related Terms

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HySum Flexibles Global (SZSE:300501) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Caijiabang Road, Dongjing Town, Songjiang District, Shanghai, CHN, 201103
Shanghai Haishun New Pharmaceutical Packaging Co Ltd manufactures & sells pharmaceutical packaging materials, child protective packaging materials, high barrier coating material and special film material. It also provides packaging & decoration printing. Its products include cold stamping composite hard sheets, PTP aluminum foil, and SP Composite film.
Executives
Li Jun Executives
Lin Wu Hui Directors, executives
Ni Hai Long Executives
Lin Xiu Qing Director
Huang Qin Directors, executives
Chen Ping Executives
Ceng Jiang Hong Independent director

HySum Flexibles Global (SZSE:300501) Headlines

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