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Century Ginwa Retail Holdings (HKSE:00162) Gross Margin % : 56.11% (As of Dec. 2023)


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What is Century Ginwa Retail Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Century Ginwa Retail Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$106.4 Mil. Century Ginwa Retail Holdings's Revenue for the six months ended in Dec. 2023 was HK$189.7 Mil. Therefore, Century Ginwa Retail Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 56.11%.


The historical rank and industry rank for Century Ginwa Retail Holdings's Gross Margin % or its related term are showing as below:

HKSE:00162' s Gross Margin % Range Over the Past 10 Years
Min: 47.41   Med: 56.44   Max: 65.43
Current: 53.62


During the past 13 years, the highest Gross Margin % of Century Ginwa Retail Holdings was 65.43%. The lowest was 47.41%. And the median was 56.44%.

HKSE:00162's Gross Margin % is ranked better than
77.83% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.675 vs HKSE:00162: 53.62

Century Ginwa Retail Holdings had a gross margin of 56.11% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Century Ginwa Retail Holdings was -0.40% per year.


Century Ginwa Retail Holdings Gross Margin % Historical Data

The historical data trend for Century Ginwa Retail 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.

Century Ginwa Retail Holdings Gross Margin % Chart

Century Ginwa Retail Holdings Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.94 60.72 56.40 47.41 53.62

Century Ginwa Retail Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 55.18 46.71 48.54 51.35 56.11

Competitive Comparison of Century Ginwa Retail Holdings's Gross Margin %

For the Department Stores subindustry, Century Ginwa Retail 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.


Century Ginwa Retail Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Century Ginwa Retail Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Century Ginwa Retail Holdings's Gross Margin % falls into.



Century Ginwa Retail Holdings Gross Margin % Calculation

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

Century Ginwa Retail Holdings'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 )
=213.4 / 397.945
=(Revenue - Cost of Goods Sold) / Revenue
=(397.945 - 184.578) / 397.945
=53.62 %

Century Ginwa Retail Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=106.4 / 189.714
=(Revenue - Cost of Goods Sold) / Revenue
=(189.714 - 83.27) / 189.714
=56.11 %

* 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.


Century Ginwa Retail Holdings  (HKSE:00162) 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

Century Ginwa Retail Holdings had a gross margin of 56.11% for the quarter that ended in Dec. 2023 => 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.


Century Ginwa Retail Holdings Gross Margin % Related Terms

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


Century Ginwa Retail Holdings (HKSE:00162) Business Description

Traded in Other Exchanges
N/A
Address
303 Hennessy Road, Unit 301, 3rd Floor, Wanchai, OfficePlus@Wan Chai, Hong Kong, HKG
Century Ginwa Retail Holdings Ltd is an investment holding company. The segments of the group are Department stores and shopping mall; and Supermarkets. It derives key revenue from Supermarkets segment. The group's revenue is substantially derived from retail customers in the PRC.
Executives
Glory Keen Holdings Limited 2101 Beneficial owner
Exponential Fortune Group Limited 2201 Interest of corporation controlled by you
Hony Capital Fund 2008 Gp Limited 2201 Interest of corporation controlled by you
Hony Capital Fund 2008, L.p. 2201 Interest of corporation controlled by you
Hony Group Management Limited 2201 Interest of corporation controlled by you
Hony Managing Partners Limited 2201 Interest of corporation controlled by you
Zhao John Huan 2201 Interest of corporation controlled by you
Hony Capital Fund 2008 Gp, L.p. 2201 Interest of corporation controlled by you
Hony Capital Fund 2008, Gp L.p. 2201 Interest of corporation controlled by you
Qu Jiang Wen Hua Jin Rong Guo Ji Tou Zi You Xian Gong Si 2101 Beneficial owner
Xi An Qu Jiang Wen Hua Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xi An Qu Jiang Xin Qu Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you

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