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Want Want China Holdings (Want Want China Holdings) Gross Margin % : 45.24% (As of Sep. 2023)


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What is Want Want China Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Want Want China Holdings's Gross Profit for the six months ended in Sep. 2023 was $699 Mil. Want Want China Holdings's Revenue for the six months ended in Sep. 2023 was $1,545 Mil. Therefore, Want Want China Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 45.24%.


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

WWNTY' s Gross Margin % Range Over the Past 10 Years
Min: 40.24   Med: 44.81   Max: 48.21
Current: 45.07


During the past 13 years, the highest Gross Margin % of Want Want China Holdings was 48.21%. The lowest was 40.24%. And the median was 44.81%.

WWNTY's Gross Margin % is ranked better than
81.65% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs WWNTY: 45.07

Want Want China Holdings had a gross margin of 45.24% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Want Want China Holdings was 0.00% per year.


Want Want China Holdings Gross Margin % Historical Data

The historical data trend for Want Want China 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.

Want Want China Holdings Gross Margin % Chart

Want Want China Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.39 48.05 48.21 44.81 43.92

Want Want China Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 46.77 43.04 42.82 44.92 45.24

Competitive Comparison of Want Want China Holdings's Gross Margin %

For the Packaged Foods subindustry, Want Want China 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.


Want Want China Holdings's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Want Want China Holdings Gross Margin % Calculation

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

Want Want China 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 )
=1461.5 / 3327.318
=(Revenue - Cost of Goods Sold) / Revenue
=(3327.318 - 1865.821) / 3327.318
=43.92 %

Want Want China 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 )
=698.9 / 1544.94
=(Revenue - Cost of Goods Sold) / Revenue
=(1544.94 - 846.014) / 1544.94
=45.24 %

* 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.


Want Want China Holdings  (OTCPK:WWNTY) 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

Want Want China Holdings had a gross margin of 45.24% 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.


Want Want China Holdings Gross Margin % Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings (Want Want China Holdings) Headlines