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CMBC Capital Holdings (HKSE:01141) Gross Margin % : 128.26% (As of Dec. 2023)


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What is CMBC Capital Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CMBC Capital Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$-140.4 Mil. CMBC Capital Holdings's Revenue for the six months ended in Dec. 2023 was HK$-109.5 Mil. Therefore, CMBC Capital Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 128.26%.

Warning Sign:

CMBC Capital Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


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

HKSE:01141' s Gross Margin % Range Over the Past 10 Years
Min: 2.9   Med: 82.42   Max: 91.26
Current: 60.47


During the past 13 years, the highest Gross Margin % of CMBC Capital Holdings was 91.26%. The lowest was 2.90%. And the median was 82.42%.

HKSE:01141's Gross Margin % is ranked better than
60.96% of 607 companies
in the Capital Markets industry
Industry Median: 48.7 vs HKSE:01141: 60.47

CMBC Capital Holdings had a gross margin of 128.26% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CMBC Capital Holdings was -6.30% per year.


CMBC Capital Holdings Gross Margin % Historical Data

The historical data trend for CMBC Capital 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.

CMBC Capital Holdings Gross Margin % Chart

CMBC Capital Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.77 91.26 89.69 81.99 60.47

CMBC Capital Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 87.63 90.66 46.81 88.45 128.26

Competitive Comparison of CMBC Capital Holdings's Gross Margin %

For the Capital Markets subindustry, CMBC Capital 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.


CMBC Capital Holdings's Gross Margin % Distribution in the Capital Markets Industry

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

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



CMBC Capital Holdings Gross Margin % Calculation

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

CMBC Capital 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 )
=94.2 / 155.745
=(Revenue - Cost of Goods Sold) / Revenue
=(155.745 - 61.572) / 155.745
=60.47 %

CMBC Capital 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 )
=-140.4 / -109.472
=(Revenue - Cost of Goods Sold) / Revenue
=(-109.472 - 30.934) / -109.472
=128.26 %

* 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.


CMBC Capital Holdings  (HKSE:01141) 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

CMBC Capital Holdings had a gross margin of 128.26% 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.


CMBC Capital Holdings Gross Margin % Related Terms

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


CMBC Capital Holdings (HKSE:01141) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, International Commerce Centre, 45th Floor, One Exchange Square, Central, Hong Kong, HKG
CMBC Capital Holdings Ltd engages in the provision of loan financing services. It operates through the following segment: Securities; Fixed-income direct investment; Other Investment and Financing; Asset Management, Corporate Finance and Advisory and others. The company's operations are carried out in Hong Kong.
Executives
China Minsheng Banking Corp. Ltd.
Cmbc International Holdings Limited
Cmbc International Investment (hk) Limited
Cmbc International Investment Limited
China Minsheng Banking Corp., Ltd 2201 Interest of corporation controlled by you
Cmbc International Investment (hk) Ltd 2201 Interest of corporation controlled by you
China Huarong Overseas Investment Holdings Co., Limited 2106 Person having a security interest in shares

CMBC Capital Holdings (HKSE:01141) Headlines

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