Doyen International Holdings (HKSE:00668) Gross Margin % : 64.61% (As of Dec. 2023)

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What is Doyen International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Doyen International Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$24.24 Mil. Doyen International Holdings's Revenue for the six months ended in Dec. 2023 was HK$37.51 Mil. Therefore, Doyen International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 64.61%.

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

HKSE:00668' s Gross Margin % Range Over the Past 10 Years
Min: 16.2 Med: 49.17 Max: 71.36
Current: 71.36

During the past 13 years, the highest Gross Margin % of Doyen International Holdings was 71.36%. The lowest was 16.20%. And the median was 49.17%.

HKSE:00668's Gross Margin % is ranked better than
70.34% of 354 companies
in the Credit Services industry
Industry Median: 53.125 vs HKSE:00668: 71.36

Doyen International Holdings had a gross margin of 64.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Doyen International Holdings was 3.50% per year.

Doyen International Holdings Gross Margin % Historical Data

The historical data trend for Doyen 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.

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Doyen International Holdings Gross Margin % Chart

Doyen International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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56.36

52.33

38.74

49.37

71.36

Doyen 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															37.16	51.80	46.20	78.57	64.61

Competitive Comparison of Doyen International Holdings's Gross Margin %

For the Credit Services subindustry, Doyen 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.

Doyen International Holdings's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Doyen International Holdings's Gross Margin % distribution charts can be found below:

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

Doyen International Holdings Gross Margin % Calculation

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

Doyen 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 )
	=	51.8	/	72.582
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(72.582 - 20.79)	/	72.582
	=	71.36 %

Doyen 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 )
	=	24.2	/	37.509
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(37.509 - 13.274)	/	37.509
	=	64.61 %

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.

Doyen International Holdings (HKSE:00668) 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

Doyen International Holdings had a gross margin of 64.61% for the quarter that ended in Dec. 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.

Doyen International Holdings Gross Margin % Related Terms

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Doyen International Holdings (HKSE:00668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Doyen International Holdings Ltd (HKSE:00668) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Harbour Road, Harbour Centre, Suite 2206, 22nd Floor, Wanchai, Hong Kong, HKG

Website

http://www.doyenintl.com

Doyen International Holdings Ltd, through its subsidiaries, is engaged in the provision of loan financing and property investment and rental activities. The company's business segments are Investment property holding, Dongkui business, Distressed assets management, and Sales of flowers and plants. Investment property holding includes property investment and rental activities. Dongkui business includes the provision of loan financing. Distressed assets management engaged in the provision of distressed assets management. Sales of flowers and plants segment includes selling of flowers, seedlings and plants.

Executives

Galaxy Bond Holdings Limited	2106 Person having a security interest in shares
Lin Xuegang	2201 Interest of corporation controlled by you
Xue Yuewu	2201 Interest of corporation controlled by you
Money Success Limited	2101 Beneficial owner
Chiu Kit Hung	2202 Interest of your spouse
Lo Siu Yu	2201 Interest of corporation controlled by you
Chong Qing Ming Na Mao Yi You Xian Gong Si	2106 Person having a security interest in shares
Baoli International (hong Kong) Trading Co., Ltd.	2101 Beneficial owner
Hong Kong Jin Hua Jun Chang Industrial Limited	2101 Beneficial owner
You Tao	2201 Interest of corporation controlled by you
Jiang Su Hua Xi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Aini	2202 Interest of your spouse
Money Success Limited	2101 Beneficial owner
Lin Xuegang	2201 Interest of corporation controlled by you
Wealthy In Investments Limited	2201 Interest of corporation controlled by you

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