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Daisho Microline Holdings (HKSE:00567) Gross Margin % : 24.27% (As of Sep. 2024)


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What is Daisho Microline Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daisho Microline Holdings's Gross Profit for the six months ended in Sep. 2024 was HK$9.08 Mil. Daisho Microline Holdings's Revenue for the six months ended in Sep. 2024 was HK$37.41 Mil. Therefore, Daisho Microline Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 24.27%.


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

HKSE:00567' s Gross Margin % Range Over the Past 10 Years
Min: -8.91   Med: 3.13   Max: 21.86
Current: 21.86


During the past 13 years, the highest Gross Margin % of Daisho Microline Holdings was 21.86%. The lowest was -8.91%. And the median was 3.13%.

HKSE:00567's Gross Margin % is ranked better than
53.93% of 382 companies
in the Packaging & Containers industry
Industry Median: 20.77 vs HKSE:00567: 21.86

Daisho Microline Holdings had a gross margin of 24.27% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Daisho Microline Holdings was 107.90% per year.


Daisho Microline Holdings Gross Margin % Historical Data

The historical data trend for Daisho Microline 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.

Daisho Microline Holdings Gross Margin % Chart

Daisho Microline Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 18.09 7.33 19.10 20.71

Daisho Microline Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 19.70 18.35 21.63 20.00 24.27

Competitive Comparison of Daisho Microline Holdings's Gross Margin %

For the Packaging & Containers subindustry, Daisho Microline 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.


Daisho Microline Holdings's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Daisho Microline Holdings's Gross Margin % distribution charts can be found below:

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


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Daisho Microline Holdings Gross Margin % Calculation

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

Daisho Microline Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=17.7 / 85.584
=(Revenue - Cost of Goods Sold) / Revenue
=(85.584 - 67.863) / 85.584
=20.71 %

Daisho Microline Holdings's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=9.1 / 37.412
=(Revenue - Cost of Goods Sold) / Revenue
=(37.412 - 28.333) / 37.412
=24.27 %

* 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.


Daisho Microline Holdings  (HKSE:00567) 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

Daisho Microline Holdings had a gross margin of 24.27% for the quarter that ended in Sep. 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.


Daisho Microline Holdings Gross Margin % Related Terms

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Daisho Microline Holdings Business Description

Traded in Other Exchanges
N/A
Address
33 Lee Chung Street, Unit A, 10th Floor, Fook Hing Industrial Building, Chai Wan, Hong Kong, HKG
Daisho Microline Holdings Ltd is an investment holding company. The company's segment includes the Manufacturing and trading of printed circuit boards; Trading of petroleum and energy products and related business; the Manufacturing and trading of printing and packaging products; and Investments in funds. The company generates maximum revenue from the Manufacturing and trading of printing and packaging products segment. The company operates in Hong Kong, PRC, South Korea, North America, Europe and Other Countries, of which it derives maximum revenue from Europe.
Executives
Ng Man Chan 2101 Beneficial owner
Li Mi Lai 2202 Interest of your spouse
Ng Man Chan 2103 Interests held jointly with another person
Chu Yuet Wah 2201 Interest of corporation controlled by you
Spring Global Enterprises Limited 2101 Beneficial owner
Cheung Ling Mun 2101 Beneficial owner
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Apact Consultancy (hong Kong) Company Limited 2102 Investment manager
Cheung Lai Ming 2101 Beneficial owner
Cheung Lai Na 2301 Trustee

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