* 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.
Competitive Comparison of China National Culture Group's Gross Margin %
For the Advertising Agencies subindustry, China National Culture Group'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.
China National Culture Group's Gross Margin % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, China National Culture Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where China National Culture Group's Gross Margin % falls into.
China National Culture Group Gross Margin % Calculation
* 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.
China National Culture Group (OTCPK:CHIRF) 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
China National Culture Group had a gross margin of 14.94% 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.
China National Culture Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of China National Culture Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
China National Culture Group (China National Culture Group) Business Description
China National Culture Group Ltd is a Hong Kong-based investment holding company engaged in advertising media services, e-commerce, film production, and distribution business. The company mainly operates through three segments. The Advertising segment is engaged in the provision of value-added services through mobile devices. The Movie segment is engaged in the production and distribution of films and the provision of other film-related services. The E-commerce segment is engaged in the sales of products on the Internet. The Advertising segment contributes to the majority of the business. Geographically, the company operates in Hong Kong, and China, of which key revenue is generated from China.
China National Culture Group (China National Culture Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CHIRF has been successfully added to your 