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Edvantage Group Holdings (HKSE:00382) Gross Margin % : 52.64% (As of Aug. 2023)


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What is Edvantage Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Edvantage Group Holdings's Gross Profit for the six months ended in Aug. 2023 was HK$569 Mil. Edvantage Group Holdings's Revenue for the six months ended in Aug. 2023 was HK$1,080 Mil. Therefore, Edvantage Group Holdings's Gross Margin % for the quarter that ended in Aug. 2023 was 52.64%.


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

HKSE:00382' s Gross Margin % Range Over the Past 10 Years
Min: 43.14   Med: 49.07   Max: 51.62
Current: 51.59


During the past 8 years, the highest Gross Margin % of Edvantage Group Holdings was 51.62%. The lowest was 43.14%. And the median was 49.07%.

HKSE:00382's Gross Margin % is ranked better than
55.24% of 248 companies
in the Education industry
Industry Median: 48.255 vs HKSE:00382: 51.59

Edvantage Group Holdings had a gross margin of 52.64% for the quarter that ended in Aug. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Edvantage Group Holdings was 2.10% per year.


Edvantage Group Holdings Gross Margin % Historical Data

The historical data trend for Edvantage Group 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.

Edvantage Group Holdings Gross Margin % Chart

Edvantage Group Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial 48.61 49.52 50.41 50.39 51.62

Edvantage Group Holdings Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 50.72 50.20 50.56 50.56 52.64

Competitive Comparison of Edvantage Group Holdings's Gross Margin %

For the Education & Training Services subindustry, Edvantage Group 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.


Edvantage Group Holdings's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Edvantage Group Holdings's Gross Margin % distribution charts can be found below:

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



Edvantage Group Holdings Gross Margin % Calculation

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

Edvantage Group Holdings's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=1099.6 / 2130.225
=(Revenue - Cost of Goods Sold) / Revenue
=(2130.225 - 1030.668) / 2130.225
=51.62 %

Edvantage Group Holdings's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=568.5 / 1079.948
=(Revenue - Cost of Goods Sold) / Revenue
=(1079.948 - 511.42) / 1079.948
=52.64 %

* 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.


Edvantage Group Holdings  (HKSE:00382) 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

Edvantage Group Holdings had a gross margin of 52.64% for the quarter that ended in Aug. 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.


Edvantage Group Holdings Gross Margin % Related Terms

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Edvantage Group Holdings (HKSE:00382) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN
Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Edvantage Group Holdings (HKSE:00382) Headlines

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