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Beijing Yunxingyu Traffic Technology (BJSE:873806) Gross Margin % : 15.28% (As of Mar. 2024)


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What is Beijing Yunxingyu Traffic Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Yunxingyu Traffic Technology's Gross Profit for the three months ended in Mar. 2024 was ¥68 Mil. Beijing Yunxingyu Traffic Technology's Revenue for the three months ended in Mar. 2024 was ¥442 Mil. Therefore, Beijing Yunxingyu Traffic Technology's Gross Margin % for the quarter that ended in Mar. 2024 was 15.28%.

Warning Sign:

Beijing Yunxingyu Traffic Technology Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


The historical rank and industry rank for Beijing Yunxingyu Traffic Technology's Gross Margin % or its related term are showing as below:

BJSE:873806' s Gross Margin % Range Over the Past 10 Years
Min: 14.05   Med: 19.25   Max: 22.57
Current: 15.32


During the past 9 years, the highest Gross Margin % of Beijing Yunxingyu Traffic Technology was 22.57%. The lowest was 14.05%. And the median was 19.25%.

BJSE:873806's Gross Margin % is ranked worse than
87.71% of 2629 companies
in the Software industry
Industry Median: 41.73 vs BJSE:873806: 15.32

Beijing Yunxingyu Traffic Technology had a gross margin of 15.28% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Beijing Yunxingyu Traffic Technology was -8.60% per year.


Beijing Yunxingyu Traffic Technology Gross Margin % Historical Data

The historical data trend for Beijing Yunxingyu Traffic Technology'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.

Beijing Yunxingyu Traffic Technology Gross Margin % Chart

Beijing Yunxingyu Traffic Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 22.57 19.16 17.47 16.20 14.05

Beijing Yunxingyu Traffic Technology Quarterly Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.22 16.51 18.35 12.43 15.28

Competitive Comparison of Beijing Yunxingyu Traffic Technology's Gross Margin %

For the Software - Infrastructure subindustry, Beijing Yunxingyu Traffic Technology'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.


Beijing Yunxingyu Traffic Technology's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Yunxingyu Traffic Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Yunxingyu Traffic Technology's Gross Margin % falls into.



Beijing Yunxingyu Traffic Technology Gross Margin % Calculation

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

Beijing Yunxingyu Traffic Technology'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 )
=309.4 / 2202.066
=(Revenue - Cost of Goods Sold) / Revenue
=(2202.066 - 1892.628) / 2202.066
=14.05 %

Beijing Yunxingyu Traffic Technology's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=67.6 / 442.037
=(Revenue - Cost of Goods Sold) / Revenue
=(442.037 - 374.476) / 442.037
=15.28 %

* 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.


Beijing Yunxingyu Traffic Technology  (BJSE:873806) 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

Beijing Yunxingyu Traffic Technology had a gross margin of 15.28% for the quarter that ended in Mar. 2024 => 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.


Beijing Yunxingyu Traffic Technology Gross Margin % Related Terms

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Beijing Yunxingyu Traffic Technology (BJSE:873806) Business Description

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Address
Website
Beijing Yunxingyu Traffic Technology Ltd is engaged in Intelligent transportation system integration business, intelligent transportation technology service business, product sales and other businesses, etc.

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