GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Man Wah Holdings Ltd (OTCPK:MAWHY) » Definitions » Gross Margin %

Man Wah Holdings (Man Wah Holdings) Gross Margin % : 39.07% (As of Sep. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Man Wah Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Man Wah Holdings's Gross Profit for the six months ended in Sep. 2023 was $446 Mil. Man Wah Holdings's Revenue for the six months ended in Sep. 2023 was $1,142 Mil. Therefore, Man Wah Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 39.07%.


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

MAWHY' s Gross Margin % Range Over the Past 10 Years
Min: 34.08   Med: 36.55   Max: 41.88
Current: 38.6


During the past 13 years, the highest Gross Margin % of Man Wah Holdings was 41.88%. The lowest was 34.08%. And the median was 36.55%.

MAWHY's Gross Margin % is ranked better than
74.94% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.53 vs MAWHY: 38.60

Man Wah Holdings had a gross margin of 39.07% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Man Wah Holdings was 1.10% per year.


Man Wah Holdings Gross Margin % Historical Data

The historical data trend for Man Wah 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.

Man Wah Holdings Gross Margin % Chart

Man Wah 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 34.08 36.38 36.08 36.71 38.49

Man Wah 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 36.23 37.14 38.84 38.08 39.07

Competitive Comparison of Man Wah Holdings's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Gross Margin % distribution charts can be found below:

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



Man Wah Holdings Gross Margin % Calculation

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

Man Wah 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 )
=850.9 / 2210.698
=(Revenue - Cost of Goods Sold) / Revenue
=(2210.698 - 1359.822) / 2210.698
=38.49 %

Man Wah 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 )
=446.1 / 1141.671
=(Revenue - Cost of Goods Sold) / Revenue
=(1141.671 - 695.619) / 1141.671
=39.07 %

* 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.


Man Wah Holdings  (OTCPK:MAWHY) 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

Man Wah Holdings had a gross margin of 39.07% for the quarter that ended in Sep. 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.


Man Wah Holdings Gross Margin % Related Terms

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


Man Wah Holdings (Man Wah Holdings) Business Description

Traded in Other Exchanges
Address
10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau).

Man Wah Holdings (Man Wah Holdings) Headlines

No Headlines