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Pa Shun International Holdings (HKSE:00574) Gross Margin % : 20.00% (As of Dec. 2023)


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What is Pa Shun International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pa Shun International Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$10.2 Mil. Pa Shun International Holdings's Revenue for the six months ended in Dec. 2023 was HK$51.0 Mil. Therefore, Pa Shun International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 20.00%.


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

HKSE:00574' s Gross Margin % Range Over the Past 10 Years
Min: 3.73   Med: 14.16   Max: 22.74
Current: 22.74


During the past 12 years, the highest Gross Margin % of Pa Shun International Holdings was 22.74%. The lowest was 3.73%. And the median was 14.16%.

HKSE:00574's Gross Margin % is ranked worse than
77.27% of 616 companies
in the Healthcare Providers & Services industry
Industry Median: 41.535 vs HKSE:00574: 22.74

Pa Shun International Holdings had a gross margin of 20.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pa Shun International Holdings was 37.00% per year.


Pa Shun International Holdings Gross Margin % Historical Data

The historical data trend for Pa Shun International 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.

Pa Shun International Holdings Gross Margin % Chart

Pa Shun International Holdings 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 4.96 3.73 15.08 18.53 22.74

Pa Shun International Holdings 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 17.68 21.26 16.16 24.28 20.00

Competitive Comparison of Pa Shun International Holdings's Gross Margin %

For the Pharmaceutical Retailers subindustry, Pa Shun International 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.


Pa Shun International Holdings's Gross Margin % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Pa Shun International Holdings's Gross Margin % falls into.



Pa Shun International Holdings Gross Margin % Calculation

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

Pa Shun International Holdings'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 )
=32.2 / 141.568
=(Revenue - Cost of Goods Sold) / Revenue
=(141.568 - 109.378) / 141.568
=22.74 %

Pa Shun International Holdings'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 )
=10.2 / 50.968
=(Revenue - Cost of Goods Sold) / Revenue
=(50.968 - 40.776) / 50.968
=20.00 %

* 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.


Pa Shun International Holdings  (HKSE:00574) 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

Pa Shun International Holdings had a gross margin of 20.00% for the quarter that ended in Dec. 2023 => 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.


Pa Shun International Holdings Gross Margin % Related Terms

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Pa Shun International Holdings (HKSE:00574) Business Description

Traded in Other Exchanges
N/A
Address
229 Wufuqiao East Road, No. 608-616, Building 28, Longfor North Paradise Walk 2, Jinniu District, Sichuan Province, Chengdu, CHN
Pa Shun International Holdings Ltd is an investment holding company engaged in the manufacturing and distribution of pharmaceutical products. The business activity of the group is operated through Pharmaceutical distribution and Pharmaceutical manufacturing segment. Geographically all the activities are carried out in the PRC. The company derives the majority of revenue from the Pharmaceutical distribution segment which include sales of pharmaceutical products to wholesalers, franchise retail pharmacy chain stores and hospitals and other medical institutions in rural areas.
Executives
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Arab Osman Mohammed 2104 Agent
Lai Wing Lun 2104 Agent
Win Win Stable No.3 Fund Sp 2106 Person having a security interest in shares
Zhongtai Innovation Capital Management Limited 2102 Investment manager
Chen Yenfei 2101 Beneficial owner
Praise Treasure Limited 2101 Beneficial owner

Pa Shun International Holdings (HKSE:00574) Headlines

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