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China Specialty Glass AG (FRA:8GS) Gross Margin % : 44.93% (As of Jun. 2014)


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What is China Specialty Glass AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Specialty Glass AG's Gross Profit for the three months ended in Jun. 2014 was €12.9 Mil. China Specialty Glass AG's Revenue for the three months ended in Jun. 2014 was €28.7 Mil. Therefore, China Specialty Glass AG's Gross Margin % for the quarter that ended in Jun. 2014 was 44.93%.


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


FRA:8GS's Gross Margin % is not ranked *
in the Business Services industry.
Industry Median: 34.71
* Ranked among companies with meaningful Gross Margin % only.

China Specialty Glass AG had a gross margin of 44.93% for the quarter that ended in Jun. 2014 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Specialty Glass AG was 0.00% per year.


China Specialty Glass AG Gross Margin % Historical Data

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG Gross Margin % Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Gross Margin %
- 45.69 45.63 42.68

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 48.90 49.43 -21.03 38.51 44.93

Competitive Comparison of China Specialty Glass AG's Gross Margin %

For the Security & Protection Services subindustry, China Specialty Glass AG'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 Specialty Glass AG's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Specialty Glass AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Specialty Glass AG's Gross Margin % falls into.



China Specialty Glass AG Gross Margin % Calculation

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

China Specialty Glass AG's Gross Margin for the fiscal year that ended in Dec. 2013 is calculated as

Gross Margin % (A: Dec. 2013 )=Gross Profit (A: Dec. 2013 ) / Revenue (A: Dec. 2013 )
=50.7 / 118.727
=(Revenue - Cost of Goods Sold) / Revenue
=(118.727 - 68.051) / 118.727
=42.68 %

China Specialty Glass AG's Gross Margin for the quarter that ended in Jun. 2014 is calculated as


Gross Margin % (Q: Jun. 2014 )=Gross Profit (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=12.9 / 28.688
=(Revenue - Cost of Goods Sold) / Revenue
=(28.688 - 15.798) / 28.688
=44.93 %

* 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 Specialty Glass AG  (FRA:8GS) 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 Specialty Glass AG had a gross margin of 44.93% for the quarter that ended in Jun. 2014 => 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.


China Specialty Glass AG Gross Margin % Related Terms

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China Specialty Glass AG (FRA:8GS) Business Description

Traded in Other Exchanges
N/A
Address
An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.

China Specialty Glass AG (FRA:8GS) Headlines

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