China Healthwise Holdings (HKSE:00348) Gross Margin % : 32.27% (As of Jun. 2024)

China Healthwise Holdings Gross Margin % Chart

China Healthwise Holdings Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Dec20	Dec21	Dec22	Dec23
Gross Margin %		Get a 7-Day Free Trial					36.48	44.29	53.50	37.50	41.21

China Healthwise Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial															34.78	40.65	41.64	40.68	32.27

Competitive Comparison of China Healthwise Holdings's Gross Margin %

For the Pharmaceutical Retailers subindustry, China Healthwise 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.

China Healthwise Holdings's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Healthwise Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Healthwise Holdings's Gross Margin % falls into.

China Healthwise Holdings Gross Margin % Calculation

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

China Healthwise Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

China Healthwise Holdings's Gross Margin for the quarter that ended in Jun. 2024 is calculated as

* 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.

China Healthwise Holdings  (HKSE:00348) 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

China Healthwise Holdings had a gross margin of 32.27% for the quarter that ended in Jun. 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.

China Healthwise Holdings Gross Margin % Related Terms

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China Healthwise Holdings Business Description