GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Origin Agritech Ltd (NAS:SEED) » Definitions » Gross Margin %

Origin Agritech (Origin Agritech) Gross Margin % : 9.04% (As of Sep. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Origin Agritech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Origin Agritech's Gross Profit for the six months ended in Sep. 2023 was $0.34 Mil. Origin Agritech's Revenue for the six months ended in Sep. 2023 was $3.73 Mil. Therefore, Origin Agritech's Gross Margin % for the quarter that ended in Sep. 2023 was 9.04%.


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

SEED' s Gross Margin % Range Over the Past 10 Years
Min: -13.88   Med: 24.72   Max: 45.49
Current: 18.64


During the past 13 years, the highest Gross Margin % of Origin Agritech was 45.49%. The lowest was -13.88%. And the median was 24.72%.

SEED's Gross Margin % is ranked worse than
59.83% of 234 companies
in the Agriculture industry
Industry Median: 23.09 vs SEED: 18.64

Origin Agritech had a gross margin of 9.04% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Origin Agritech was 0.00% per year.


Origin Agritech Gross Margin % Historical Data

The historical data trend for Origin Agritech'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.

Origin Agritech Gross Margin % Chart

Origin Agritech Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.88 6.69 27.60 30.80 18.48

Origin Agritech 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 24.41 27.94 52.09 22.38 9.04

Competitive Comparison of Origin Agritech's Gross Margin %

For the Agricultural Inputs subindustry, Origin Agritech'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.


Origin Agritech's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Origin Agritech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Origin Agritech's Gross Margin % falls into.



Origin Agritech Gross Margin % Calculation

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

Origin Agritech's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=2.4 / 12.785
=(Revenue - Cost of Goods Sold) / Revenue
=(12.785 - 10.422) / 12.785
=18.48 %

Origin Agritech'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 )
=0.3 / 3.729
=(Revenue - Cost of Goods Sold) / Revenue
=(3.729 - 3.392) / 3.729
=9.04 %

* 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.


Origin Agritech  (NAS:SEED) 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

Origin Agritech had a gross margin of 9.04% for the quarter that ended in Sep. 2023 => 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.


Origin Agritech Gross Margin % Related Terms

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


Origin Agritech (Origin Agritech) Business Description

Traded in Other Exchanges
Address
No. 21 Sheng Ming Yuan Road, Changping District, Beijing, CHN, 102206
Origin Agritech Ltd is a Chinese agricultural technology company. In crop seed biotechnologies, the company's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.
Executives
Jeff Feinberg 10 percent owner 20600 NORTHRIDGE ROAD, CHATSWORTH CA 91311
Steven Urbach director C/O CHARDAN CAPITAL MARKETS, LLC, 17 STATE STREET, SUITE 2575, NEW YORK NY 10004
Michael D Chermak director
Gengchen Han director, officer: Chairman of the Board and CEO 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206
Bailiang Zhang director 95 WENHUA RD., HENAN AGRICULTURAL UNIVERSITY, ZHENGZHOU F4 450002
Dafang Huang director BIOTECHNOLOGY RESEARCH INSTITUTE, 12 ZHONGGUANCUN SOUTH AVE., BEIJING F4 100081
Remo Richli director IM NEUHOF 28, EMMENBRUCKE V8 6020
Richard D Propper officer: VP for Corporate Development
Kerry Propper director CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075
Yasheng Yang director, officer: President, Treasurer, COO 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206
Liang Yuan director, officer: Executive Vice Chairman 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206