The historical rank and industry rank for Tian An Medicare's Gross Margin % or its related term are showing as below:
HKSE:00383'
s Gross Margin % Range Over the Past 10 Years
Min: 5.7 Med: 18.48 Max: 21.83
Current: 20.66
During the past 13 years, the highestGross Margin % of Tian An Medicare was 21.83%. The lowest was 5.70%. And the median was 18.48%.
HKSE:00383's Gross Margin % is ranked worse than 82.01% of 628
companies
in the Healthcare Providers & Services industry
Industry Median: 40.685
vs HKSE:00383: 20.66
Tian An Medicare had a gross margin of 19.02% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Tian An Medicare was 0.10% per year.
Tian An Medicare Gross Margin % Historical Data
The historical data trend for Tian An Medicare'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.
Competitive Comparison of Tian An Medicare's Gross Margin %
For the Medical Care Facilities subindustry, Tian An Medicare'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.
Tian An Medicare's Gross Margin % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Tian An Medicare's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tian An Medicare's Gross Margin % falls into.
* 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.
Tian An Medicare (HKSE:00383) 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
Tian An Medicare had a gross margin of 19.02% for the quarter that ended in Dec. 2024 => No sustainable 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.
Tian An Medicare Gross Margin % Related Terms
Thank you for viewing the detailed overview of Tian An Medicare's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tian An Medicare Ltd is an investment holding company and operator of integrated healthcare and eldercare services. Its main focus is on the investment, management and operations of healthcare and eldercare businesses, and the related property investment and development, and comprehensive spectrum of healthcare and eldercare services to customers in the People's Republic of China ("PRC") and Asia Pacific. The Group is also involved in businesses of securities trading and investment, and provision of financial services.
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