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Da Yu Financial Holdings (HKSE:01073) Gross Margin % : 65.59% (As of Dec. 2023)


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What is Da Yu Financial Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Da Yu Financial Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$14.57 Mil. Da Yu Financial Holdings's Revenue for the six months ended in Dec. 2023 was HK$22.21 Mil. Therefore, Da Yu Financial Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 65.59%.


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

HKSE:01073' s Gross Margin % Range Over the Past 10 Years
Min: 5.36   Med: 64.23   Max: 79.44
Current: 64.23


During the past 13 years, the highest Gross Margin % of Da Yu Financial Holdings was 79.44%. The lowest was 5.36%. And the median was 64.23%.

HKSE:01073's Gross Margin % is ranked better than
64.32% of 597 companies
in the Capital Markets industry
Industry Median: 50.38 vs HKSE:01073: 64.23

Da Yu Financial Holdings had a gross margin of 65.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Da Yu Financial Holdings was 0.00% per year.


Da Yu Financial Holdings Gross Margin % Historical Data

The historical data trend for Da Yu Financial 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.

Da Yu Financial Holdings Gross Margin % Chart

Da Yu Financial Holdings Annual Data
Trend Jun11 Jun12 Jun13 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 77.89 76.99 79.44 64.23

Da Yu Financial Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 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 80.88 82.22 75.58 62.81 65.59

Competitive Comparison of Da Yu Financial Holdings's Gross Margin %

For the Capital Markets subindustry, Da Yu Financial 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.


Da Yu Financial Holdings's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Da Yu Financial Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Da Yu Financial Holdings's Gross Margin % falls into.



Da Yu Financial Holdings Gross Margin % Calculation

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

Da Yu Financial 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 )
=27.9 / 43.36
=(Revenue - Cost of Goods Sold) / Revenue
=(43.36 - 15.509) / 43.36
=64.23 %

Da Yu Financial 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 )
=14.6 / 22.213
=(Revenue - Cost of Goods Sold) / Revenue
=(22.213 - 7.644) / 22.213
=65.59 %

* 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.


Da Yu Financial Holdings  (HKSE:01073) 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

Da Yu Financial Holdings had a gross margin of 65.59% 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.


Da Yu Financial Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Da Yu Financial Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Da Yu Financial Holdings (HKSE:01073) Business Description

Traded in Other Exchanges
N/A
Address
138 Gloucester Road, Room 1801, 18th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Da Yu Financial Holdings Ltd is an investment holding company and is engaged in providing financial advisory services. It operates in four segments. The corporate finance advisory services include services incidental to financial advisory, compliance advisory services, placing agency and underwriting services, investment business, and others. The Asset management services include investment advisory services and sundry income derived from the provision of the services. The Securities and related services include the provision of securities broking, underwriting, and placing of securities and investment in securities. The money lending business includes the provision of loan financing and related services. The group mainly has operations located in Hong Kong.
Executives
Victory Gain Ventures Limited 2101 Beneficial owner
Asm Connaught House General Partner V Limited 2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund V Lp 2101 Beneficial owner
Chan Kin 2201 Interest of corporation controlled by you
Argyle Street Management Limited 2201 Interest of corporation controlled by you
Xu Haohao 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Beyond Global Enterprises Limited 2201 Interest of corporation controlled by you
First Steamship Company Limited 2101 Beneficial owner
Argyle Street Management Holdings Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2201 Interest of corporation controlled by you
Allied Group Limited 2201 Interest of corporation controlled by you
Cheung Kit Shan Susanna 2202 Interest of your spouse
Lee Wa Lun Warren 2101 Beneficial owner

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