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EverChina Int'l Holdings Co (HKSE:00202) Gross Margin % : 46.80% (As of Sep. 2023)


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What is EverChina Int'l Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EverChina Int'l Holdings Co's Gross Profit for the six months ended in Sep. 2023 was HK$20.9 Mil. EverChina Int'l Holdings Co's Revenue for the six months ended in Sep. 2023 was HK$44.6 Mil. Therefore, EverChina Int'l Holdings Co's Gross Margin % for the quarter that ended in Sep. 2023 was 46.80%.

Warning Sign:

EverChina Int'l Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


The historical rank and industry rank for EverChina Int'l Holdings Co's Gross Margin % or its related term are showing as below:

HKSE:00202' s Gross Margin % Range Over the Past 10 Years
Min: 48.99   Med: 76.73   Max: 96.11
Current: 51.62


During the past 13 years, the highest Gross Margin % of EverChina Int'l Holdings Co was 96.11%. The lowest was 48.99%. And the median was 76.73%.

HKSE:00202's Gross Margin % is ranked better than
86.49% of 481 companies
in the Conglomerates industry
Industry Median: 25.03 vs HKSE:00202: 51.62

EverChina Int'l Holdings Co had a gross margin of 46.80% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EverChina Int'l Holdings Co was -5.60% per year.


EverChina Int'l Holdings Co Gross Margin % Historical Data

The historical data trend for EverChina Int'l Holdings 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.

EverChina Int'l Holdings Co Gross Margin % Chart

EverChina Int'l Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.99 59.99 54.52 58.81 58.57

EverChina Int'l Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 58.10 59.36 62.51 54.57 46.80

Competitive Comparison of EverChina Int'l Holdings Co's Gross Margin %

For the Conglomerates subindustry, EverChina Int'l Holdings 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.


EverChina Int'l Holdings Co's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, EverChina Int'l Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where EverChina Int'l Holdings Co's Gross Margin % falls into.



EverChina Int'l Holdings Co Gross Margin % Calculation

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

EverChina Int'l Holdings Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=85.7 / 146.392
=(Revenue - Cost of Goods Sold) / Revenue
=(146.392 - 60.646) / 146.392
=58.57 %

EverChina Int'l Holdings Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=20.9 / 44.605
=(Revenue - Cost of Goods Sold) / Revenue
=(44.605 - 23.732) / 44.605
=46.80 %

* 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.


EverChina Int'l Holdings Co  (HKSE:00202) 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

EverChina Int'l Holdings Co had a gross margin of 46.80% for the quarter that ended in Sep. 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.


EverChina Int'l Holdings Co Gross Margin % Related Terms

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EverChina Int'l Holdings Co (HKSE:00202) Business Description

Traded in Other Exchanges
N/A
Address
151 Gloucester Road, Capital Centre, Unit 1506, 15th Floor, Wanchai, Hong Kong, HKG
EverChina Int'l Holdings Co Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property investment operation; Hotel operation; Securities investment and financing operation; Resources operation and Agricultural operation. Property investment operation segment is engaged in the leasing of rental property in PRC and Hong Kong. Agricultural operation segment is engaged in the agricultural farming, cattle raising and sales of cattle, soybean, corn, and rice in the Plurinational State of Bolivia. It generates maximum revenue from the Agricultural operation segment. Geographically, it derives a majority of revenue from Bolivia.

EverChina Int'l Holdings Co (HKSE:00202) Headlines

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