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China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Gross Margin % : 22.57% (As of Jun. 2023)


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What is China Shuifa Singyes Energy Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Shuifa Singyes Energy Holdings's Gross Profit for the six months ended in Jun. 2023 was $70.3 Mil. China Shuifa Singyes Energy Holdings's Revenue for the six months ended in Jun. 2023 was $311.6 Mil. Therefore, China Shuifa Singyes Energy Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 22.57%.


The historical rank and industry rank for China Shuifa Singyes Energy Holdings's Gross Margin % or its related term are showing as below:

CSSXF' s Gross Margin % Range Over the Past 10 Years
Min: 0.85   Med: 19.84   Max: 23.81
Current: 22.82


During the past 13 years, the highest Gross Margin % of China Shuifa Singyes Energy Holdings was 23.81%. The lowest was 0.85%. And the median was 19.84%.

CSSXF's Gross Margin % is ranked worse than
61.21% of 972 companies
in the Semiconductors industry
Industry Median: 28.165 vs CSSXF: 22.82

China Shuifa Singyes Energy Holdings had a gross margin of 22.57% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for China Shuifa Singyes Energy Holdings was 10.00% per year.


China Shuifa Singyes Energy Holdings Gross Margin % Historical Data

The historical data trend for China Shuifa Singyes Energy 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.

China Shuifa Singyes Energy Holdings Gross Margin % Chart

China Shuifa Singyes Energy Holdings 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 0.86 16.39 16.53 19.61 22.82

China Shuifa Singyes Energy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 15.44 20.72 17.73 22.57 23.07

Competitive Comparison of China Shuifa Singyes Energy Holdings's Gross Margin %

For the Solar subindustry, China Shuifa Singyes Energy 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.


China Shuifa Singyes Energy Holdings's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Shuifa Singyes Energy Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Shuifa Singyes Energy Holdings's Gross Margin % falls into.



China Shuifa Singyes Energy Holdings Gross Margin % Calculation

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

China Shuifa Singyes Energy Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=138.2 / 704.89
=(Revenue - Cost of Goods Sold) / Revenue
=(704.89 - 566.666) / 704.89
=19.61 %

China Shuifa Singyes Energy Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=70.3 / 311.628
=(Revenue - Cost of Goods Sold) / Revenue
=(311.628 - 241.281) / 311.628
=22.57 %

* 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.


China Shuifa Singyes Energy Holdings  (OTCPK:CSSXF) 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

China Shuifa Singyes Energy Holdings had a gross margin of 22.57% for the quarter that ended in Jun. 2023 => 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.


China Shuifa Singyes Energy Holdings Gross Margin % Related Terms

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China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Unit 3108, 31st Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
China Shuifa Singyes Energy Holdings Ltd is an investment holding company. The company is a professional renewable energy solution provider and building contractor. The principal activities of the company include design, fabrication, and installation of conventional curtain walls and solar projects. The operating segment includes Construction services, Sale of products, Sale of electricity and related tariff subsidy and Others. Majority revenue derived from Construction services segment.

China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Headlines

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