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Bright Scholar Education Holdings (FRA:BSK0) Gross Margin % : 31.01% (As of Feb. 2024)


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What is Bright Scholar Education Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bright Scholar Education Holdings's Gross Profit for the three months ended in Feb. 2024 was €20.8 Mil. Bright Scholar Education Holdings's Revenue for the three months ended in Feb. 2024 was €67.2 Mil. Therefore, Bright Scholar Education Holdings's Gross Margin % for the quarter that ended in Feb. 2024 was 31.01%.

Warning Sign:

Bright Scholar Education Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.5%.


The historical rank and industry rank for Bright Scholar Education Holdings's Gross Margin % or its related term are showing as below:

FRA:BSK0' s Gross Margin % Range Over the Past 10 Years
Min: 12.1   Med: 28.18   Max: 36.55
Current: 29.82


During the past 10 years, the highest Gross Margin % of Bright Scholar Education Holdings was 36.55%. The lowest was 12.10%. And the median was 28.18%.

FRA:BSK0's Gross Margin % is ranked worse than
77.91% of 249 companies
in the Education industry
Industry Median: 47.9 vs FRA:BSK0: 29.82

Bright Scholar Education Holdings had a gross margin of 31.01% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bright Scholar Education Holdings was -5.50% per year.


Bright Scholar Education Holdings Gross Margin % Historical Data

The historical data trend for Bright Scholar Education Holdings'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.

Bright Scholar Education Holdings Gross Margin % Chart

Bright Scholar Education Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.58 28.23 15.80 27.81 28.13

Bright Scholar Education Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 25.92 32.91 19.49 35.52 31.01

Competitive Comparison of Bright Scholar Education Holdings's Gross Margin %

For the Education & Training Services subindustry, Bright Scholar Education Holdings'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.


Bright Scholar Education Holdings's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bright Scholar Education Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bright Scholar Education Holdings's Gross Margin % falls into.



Bright Scholar Education Holdings Gross Margin % Calculation

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

Bright Scholar Education Holdings's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=75.6 / 268.67
=(Revenue - Cost of Goods Sold) / Revenue
=(268.67 - 193.103) / 268.67
=28.13 %

Bright Scholar Education Holdings's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=20.8 / 67.197
=(Revenue - Cost of Goods Sold) / Revenue
=(67.197 - 46.362) / 67.197
=31.01 %

* 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.


Bright Scholar Education Holdings  (FRA:BSK0) 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

Bright Scholar Education Holdings had a gross margin of 31.01% for the quarter that ended in Feb. 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.


Bright Scholar Education Holdings Gross Margin % Related Terms

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Bright Scholar Education Holdings (FRA:BSK0) Business Description

Traded in Other Exchanges
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.

Bright Scholar Education Holdings (FRA:BSK0) Headlines

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