The historical rank and industry rank for CCT Fortis Holdings's Gross Margin % or its related term are showing as below:
HKSE:00138'
s Gross Margin % Range Over the Past 10 Years
Min: -15.66 Med: 16.38 Max: 67.04
Current: 22.48
During the past 13 years, the highestGross Margin % of CCT Fortis Holdings was 67.04%. The lowest was -15.66%. And the median was 16.38%.
HKSE:00138's Gross Margin % is ranked worse than 57.71% of 480
companies
in the Conglomerates industry
Industry Median: 24.795
vs HKSE:00138: 22.48
CCT Fortis Holdings had a gross margin of 26.32% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for CCT Fortis Holdings was 3.10% per year.
CCT Fortis Holdings Gross Margin % Historical Data
The historical data trend for CCT Fortis 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.
Competitive Comparison of CCT Fortis Holdings's Gross Margin %
For the Conglomerates subindustry, CCT Fortis 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.
CCT Fortis Holdings's Gross Margin % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, CCT Fortis Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CCT Fortis Holdings's Gross Margin % falls into.
* 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.
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
CCT Fortis Holdings had a gross margin of 26.32% for the quarter that ended in Dec. 2023 => 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.
CCT Fortis Holdings Gross Margin % Related Terms
Thank you for viewing the detailed overview of CCT Fortis Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
CCT Fortis Holdings (HKSE:00138) Business Description
CCT Fortis Holdings Ltd is engaged in various activities including development, trading, investment, holding of properties; trading in securities and holding of securities and treasury products; trading and sale of classic cars and car logistics; trading and sale of Ferrari vehicles and provision of after-sales services for Ferrari automotive; acquisition of classic cars for long-term investment purpose; production, investment and distribution of films world wide; sale and leasing of audio and lighting equipment and provision of technical and engineering services and metal construction work for stage performance events; running of car service center, artist management, magazine publication, and investment in collectible precision devices.
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