GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guangdong Bawei Biotechnology Corp (BJSE:837023) » Definitions » Gross Margin %

Guangdong Bawei Biotechnology (BJSE:837023) Gross Margin % : 25.39% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Guangdong Bawei Biotechnology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Guangdong Bawei Biotechnology's Gross Profit for the three months ended in Jun. 2024 was ¥38.2 Mil. Guangdong Bawei Biotechnology's Revenue for the three months ended in Jun. 2024 was ¥150.5 Mil. Therefore, Guangdong Bawei Biotechnology's Gross Margin % for the quarter that ended in Jun. 2024 was 25.39%.

Warning Sign:

Guangdong Bawei Biotechnology Corp gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

BJSE:837023' s Gross Margin % Range Over the Past 10 Years
Min: 24.16   Med: 33.08   Max: 40.22
Current: 29.78


During the past 11 years, the highest Gross Margin % of Guangdong Bawei Biotechnology was 40.22%. The lowest was 24.16%. And the median was 33.08%.

BJSE:837023's Gross Margin % is ranked better than
59.79% of 1853 companies
in the Consumer Packaged Goods industry
Industry Median: 25.21 vs BJSE:837023: 29.78

Guangdong Bawei Biotechnology had a gross margin of 25.39% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Guangdong Bawei Biotechnology was -2.10% per year.


Guangdong Bawei Biotechnology Gross Margin % Historical Data

The historical data trend for Guangdong Bawei Biotechnology'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.

Guangdong Bawei Biotechnology Gross Margin % Chart

Guangdong Bawei Biotechnology 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 35.92 30.97 29.33 30.47 33.19

Guangdong Bawei Biotechnology Quarterly Data
Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36.13 32.64 30.73 31.72 25.39

Competitive Comparison of Guangdong Bawei Biotechnology's Gross Margin %

For the Household & Personal Products subindustry, Guangdong Bawei Biotechnology'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.


Guangdong Bawei Biotechnology's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangdong Bawei Biotechnology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Bawei Biotechnology's Gross Margin % falls into.



Guangdong Bawei Biotechnology Gross Margin % Calculation

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

Guangdong Bawei Biotechnology's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=155.6 / 468.665
=(Revenue - Cost of Goods Sold) / Revenue
=(468.665 - 313.1) / 468.665
=33.19 %

Guangdong Bawei Biotechnology's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=38.2 / 150.537
=(Revenue - Cost of Goods Sold) / Revenue
=(150.537 - 112.32) / 150.537
=25.39 %

* 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.


Guangdong Bawei Biotechnology  (BJSE:837023) 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

Guangdong Bawei Biotechnology had a gross margin of 25.39% for the quarter that ended in Jun. 2024 => 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.


Guangdong Bawei Biotechnology Gross Margin % Related Terms

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


Guangdong Bawei Biotechnology Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Xinbei Road, No. 5, Baiyun District, Guangdong Province, Guangzhou, CHN, 510450
Guangdong Bawei Biotechnology Corp is engaged in product planning, formula research and development, manufacturing, and efficacy testing of cosmetics.

Guangdong Bawei Biotechnology Headlines

No Headlines