China HK Power Smart Energy Group (HKSE:00931) Gross Margin % : 19.93% (As of Mar. 2024)

China HK Power Smart Energy Group Gross Margin % Chart

China HK Power Smart Energy Group Annual Data
	Trend	Dec15	Dec16	Dec17	Dec18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Gross Margin %		Get a 7-Day Free Trial					0.49	6.53	-7.89	-7.60	14.00

China HK Power Smart Energy Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Gross Margin %	Get a 7-Day Free Trial															-7.14	-8.31	-1.00	19.93	16.14

Competitive Comparison of China HK Power Smart Energy Group's Gross Margin %

For the Oil & Gas Refining & Marketing subindustry, China HK Power Smart Energy Group'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.

China HK Power Smart Energy Group's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China HK Power Smart Energy Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China HK Power Smart Energy Group's Gross Margin % falls into.

China HK Power Smart Energy Group Gross Margin % Calculation

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

China HK Power Smart Energy Group's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

China HK Power Smart Energy Group's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

* 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.

China HK Power Smart Energy Group  (HKSE:00931) 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

China HK Power Smart Energy Group had a gross margin of 19.93% for the quarter that ended in Mar. 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.

China HK Power Smart Energy Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of China HK Power Smart Energy Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

China HK Power Smart Energy Group Business Description