GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » International Genius Co (HKSE:00033) » Definitions » Gross Margin %

International Genius Co (HKSE:00033) Gross Margin % : 22.98% (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is International Genius Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. International Genius Co's Gross Profit for the six months ended in Dec. 2024 was HK$32.7 Mil. International Genius Co's Revenue for the six months ended in Dec. 2024 was HK$142.4 Mil. Therefore, International Genius Co's Gross Margin % for the quarter that ended in Dec. 2024 was 22.98%.

Warning Sign:

International Genius Co gross margin has been in long-term decline. The average rate of decline per year is -32.7%.


The historical rank and industry rank for International Genius Co's Gross Margin % or its related term are showing as below:

HKSE:00033' s Gross Margin % Range Over the Past 10 Years
Min: 0.95   Med: 12.02   Max: 24.47
Current: 16.58


During the past 13 years, the highest Gross Margin % of International Genius Co was 24.47%. The lowest was 0.95%. And the median was 12.02%.

HKSE:00033's Gross Margin % is ranked worse than
80.64% of 532 companies
in the Asset Management industry
Industry Median: 55.35 vs HKSE:00033: 16.58

International Genius Co had a gross margin of 22.98% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for International Genius Co was -32.70% per year.


International Genius Co Gross Margin % Historical Data

The historical data trend for International Genius 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.

International Genius Co Gross Margin % Chart

International Genius Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.47 23.53 17.20 0.95 5.76

International Genius Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.50 -1.16 1.60 9.22 22.98

Competitive Comparison of International Genius Co's Gross Margin %

For the Asset Management subindustry, International Genius 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.


International Genius Co's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, International Genius Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where International Genius Co's Gross Margin % falls into.


;
;

International Genius Co Gross Margin % Calculation

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

International Genius Co's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=13.1 / 226.711
=(Revenue - Cost of Goods Sold) / Revenue
=(226.711 - 213.645) / 226.711
=5.76 %

International Genius Co's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=32.7 / 142.376
=(Revenue - Cost of Goods Sold) / Revenue
=(142.376 - 109.656) / 142.376
=22.98 %

* 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.


International Genius Co  (HKSE:00033) 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

International Genius Co had a gross margin of 22.98% for the quarter that ended in Dec. 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.


International Genius Co Gross Margin % Related Terms

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


International Genius Co Business Description

Traded in Other Exchanges
N/A
Address
42nd Floor, China Resources Tower, Nanshan District, Shenzhen, Guangdong, Hong Kong, HKG
International Genius Co, is an investment holding company mainly engaged in the trading of party products. The Company operates its business through four segments namely: Tech-driven investment management; Advancing business; Trading of party products; and Trading of commodities. It derives maximum revenue from Trading of commodities segment. Geographically, it operates in Hong Kong, Mainland China, Malaysia, and Singapore.
Executives
Neo Tech Inc. 2201 Interest of corporation controlled by you
Ng Yu 2201 Interest of corporation controlled by you
Internet Finance Investment Co. Ltd 2101 Beneficial owner
Cheung Kwan 2101 Beneficial owner
Internet Finance Investment Company Limited 2101 Beneficial owner

International Genius Co Headlines

No Headlines