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Continental Aerospace Technologies Holding (HKSE:00232) Gross Margin % : 30.09% (As of Dec. 2023)


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What is Continental Aerospace Technologies Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Continental Aerospace Technologies Holding's Gross Profit for the six months ended in Dec. 2023 was HK$271 Mil. Continental Aerospace Technologies Holding's Revenue for the six months ended in Dec. 2023 was HK$901 Mil. Therefore, Continental Aerospace Technologies Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 30.09%.


The historical rank and industry rank for Continental Aerospace Technologies Holding's Gross Margin % or its related term are showing as below:

HKSE:00232' s Gross Margin % Range Over the Past 10 Years
Min: 8.22   Med: 22.78   Max: 31.01
Current: 31.01


During the past 13 years, the highest Gross Margin % of Continental Aerospace Technologies Holding was 31.01%. The lowest was 8.22%. And the median was 22.78%.

HKSE:00232's Gross Margin % is ranked better than
61.62% of 297 companies
in the Aerospace & Defense industry
Industry Median: 26.03 vs HKSE:00232: 31.01

Continental Aerospace Technologies Holding had a gross margin of 30.09% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Continental Aerospace Technologies Holding was 9.20% per year.


Continental Aerospace Technologies Holding Gross Margin % Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding Gross Margin % Chart

Continental Aerospace Technologies Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.82 14.61 22.78 30.53 31.01

Continental Aerospace Technologies Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 15.91 28.02 33.17 31.91 30.09

Competitive Comparison of Continental Aerospace Technologies Holding's Gross Margin %

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.


Continental Aerospace Technologies Holding's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Gross Margin % falls into.



Continental Aerospace Technologies Holding Gross Margin % Calculation

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

Continental Aerospace Technologies Holding'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 )
=567.6 / 1830.186
=(Revenue - Cost of Goods Sold) / Revenue
=(1830.186 - 1262.612) / 1830.186
=31.01 %

Continental Aerospace Technologies Holding'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 )
=271.2 / 901.49
=(Revenue - Cost of Goods Sold) / Revenue
=(901.49 - 630.241) / 901.49
=30.09 %

* 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.


Continental Aerospace Technologies Holding  (HKSE:00232) 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

Continental Aerospace Technologies Holding had a gross margin of 30.09% 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.


Continental Aerospace Technologies Holding Gross Margin % Related Terms

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Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG
Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.
Executives
Aviation Industry Corporation Of China, Ltd 2201 Interest of corporation controlled by you
Avic International Holding Corporation 2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

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