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Country Garden Services Holdings Co (FRA:75H) Gross Margin % : 21.16% (As of Jun. 2024)


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What is Country Garden Services Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Country Garden Services Holdings Co's Gross Profit for the six months ended in Jun. 2024 was €570 Mil. Country Garden Services Holdings Co's Revenue for the six months ended in Jun. 2024 was €2,695 Mil. Therefore, Country Garden Services Holdings Co's Gross Margin % for the quarter that ended in Jun. 2024 was 21.16%.

Warning Sign:

Country Garden Services Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.5%.


The historical rank and industry rank for Country Garden Services Holdings Co's Gross Margin % or its related term are showing as below:

FRA:75H' s Gross Margin % Range Over the Past 10 Years
Min: 18.68   Med: 31.65   Max: 37.68
Current: 18.68


During the past 9 years, the highest Gross Margin % of Country Garden Services Holdings Co was 37.68%. The lowest was 18.68%. And the median was 31.65%.

FRA:75H's Gross Margin % is ranked worse than
78.75% of 1642 companies
in the Real Estate industry
Industry Median: 36.125 vs FRA:75H: 18.68

Country Garden Services Holdings Co had a gross margin of 21.16% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Country Garden Services Holdings Co was -10.50% per year.


Country Garden Services Holdings Co Gross Margin % Historical Data

The historical data trend for Country Garden Services Holdings Co'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.

Country Garden Services Holdings Co Gross Margin % Chart

Country Garden Services Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 31.65 33.97 30.73 24.80 20.49

Country Garden Services Holdings Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 26.86 22.85 24.88 16.34 21.16

Competitive Comparison of Country Garden Services Holdings Co's Gross Margin %

For the Real Estate Services subindustry, Country Garden Services Holdings Co'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.


Country Garden Services Holdings Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Garden Services Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Country Garden Services Holdings Co's Gross Margin % falls into.



Country Garden Services Holdings Co Gross Margin % Calculation

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

Country Garden Services Holdings Co'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 )
=1121.4 / 5472.502
=(Revenue - Cost of Goods Sold) / Revenue
=(5472.502 - 4351.077) / 5472.502
=20.49 %

Country Garden Services Holdings Co'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 )
=570.3 / 2695.063
=(Revenue - Cost of Goods Sold) / Revenue
=(2695.063 - 2124.783) / 2695.063
=21.16 %

* 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.


Country Garden Services Holdings Co  (FRA:75H) 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

Country Garden Services Holdings Co had a gross margin of 21.16% 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.


Country Garden Services Holdings Co Gross Margin % Related Terms

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


Country Garden Services Holdings Co Business Description

Traded in Other Exchanges
Address
West Building of Country Garden Office, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312
Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of June 2022, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS with 43% ownership. CGS was among the top residential property management firms in China in terms of revenue and gross floor area under management for 2023. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.

Country Garden Services Holdings Co Headlines

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