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Vitasoy International Holdings (Vitasoy International Holdings) Gross Margin % : 50.47% (As of Sep. 2023)


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What is Vitasoy International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vitasoy International Holdings's Gross Profit for the six months ended in Sep. 2023 was $218.6 Mil. Vitasoy International Holdings's Revenue for the six months ended in Sep. 2023 was $433.2 Mil. Therefore, Vitasoy International Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 50.47%.

Warning Sign:

Vitasoy International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


The historical rank and industry rank for Vitasoy International Holdings's Gross Margin % or its related term are showing as below:

VTSYF' s Gross Margin % Range Over the Past 10 Years
Min: 47.23   Med: 51.75   Max: 53.7
Current: 49.03


During the past 13 years, the highest Gross Margin % of Vitasoy International Holdings was 53.70%. The lowest was 47.23%. And the median was 51.75%.

VTSYF's Gross Margin % is ranked better than
85.22% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 24.96 vs VTSYF: 49.03

Vitasoy International Holdings had a gross margin of 50.47% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vitasoy International Holdings was -2.60% per year.


Vitasoy International Holdings Gross Margin % Historical Data

The historical data trend for Vitasoy International Holdings'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.

Vitasoy International Holdings Gross Margin % Chart

Vitasoy International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.70 53.25 52.59 47.23 47.50

Vitasoy International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 47.90 46.40 47.71 47.22 50.47

Competitive Comparison of Vitasoy International Holdings's Gross Margin %

For the Packaged Foods subindustry, Vitasoy International Holdings'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.


Vitasoy International Holdings's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vitasoy International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vitasoy International Holdings's Gross Margin % falls into.



Vitasoy International Holdings Gross Margin % Calculation

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

Vitasoy International Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=383.7 / 807.848
=(Revenue - Cost of Goods Sold) / Revenue
=(807.848 - 424.116) / 807.848
=47.50 %

Vitasoy International Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=218.6 / 433.183
=(Revenue - Cost of Goods Sold) / Revenue
=(433.183 - 214.536) / 433.183
=50.47 %

* 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.


Vitasoy International Holdings  (OTCPK:VTSYF) 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

Vitasoy International Holdings had a gross margin of 50.47% for the quarter that ended in Sep. 2023 => 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.


Vitasoy International Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Vitasoy International Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vitasoy International Holdings (Vitasoy International Holdings) Business Description

Traded in Other Exchanges
Address
Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG
Vitasoy International Holdings Ltd manufactures and sells tofu, soy and other plant-based milks, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Its two biggest markets are China and Hong Kong, which collectively account for more than three-quarters of the company's sales. Most remaining sales are generated in North America, Australia, New Zealand, and Singapore, although the company's products are sold in roughly 40 countries worldwide.

Vitasoy International Holdings (Vitasoy International Holdings) Headlines

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