GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Milan Station Holdings Ltd (HKSE:01150) » Definitions » Gross Margin %

Milan Station Holdings (HKSE:01150) Gross Margin % : 11.13% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Milan Station Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Milan Station Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$8.1 Mil. Milan Station Holdings's Revenue for the six months ended in Dec. 2023 was HK$72.5 Mil. Therefore, Milan Station Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 11.13%.

Warning Sign:

Milan Station Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


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

HKSE:01150' s Gross Margin % Range Over the Past 10 Years
Min: 14.57   Med: 21.3   Max: 28.95
Current: 14.57


During the past 13 years, the highest Gross Margin % of Milan Station Holdings was 28.95%. The lowest was 14.57%. And the median was 21.30%.

HKSE:01150's Gross Margin % is ranked worse than
86.13% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.675 vs HKSE:01150: 14.57

Milan Station Holdings had a gross margin of 11.13% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Milan Station Holdings was -2.50% per year.


Milan Station Holdings Gross Margin % Historical Data

The historical data trend for Milan Station 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.

Milan Station Holdings Gross Margin % Chart

Milan Station 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 20.64 24.13 28.95 23.48 14.57

Milan Station 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 31.29 26.90 19.96 17.07 11.13

Competitive Comparison of Milan Station Holdings's Gross Margin %

For the Luxury Goods subindustry, Milan Station 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.


Milan Station Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Milan Station Holdings's Gross Margin % distribution charts can be found below:

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



Milan Station Holdings Gross Margin % Calculation

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

Milan Station 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 )
=25.1 / 172.525
=(Revenue - Cost of Goods Sold) / Revenue
=(172.525 - 147.385) / 172.525
=14.57 %

Milan Station 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 )
=8.1 / 72.521
=(Revenue - Cost of Goods Sold) / Revenue
=(72.521 - 64.453) / 72.521
=11.13 %

* 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.


Milan Station Holdings  (HKSE:01150) 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

Milan Station Holdings had a gross margin of 11.13% 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.


Milan Station Holdings Gross Margin % Related Terms

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


Milan Station Holdings (HKSE:01150) Business Description

Traded in Other Exchanges
N/A
Address
489-491 Castle Peak Road, Room 13, 6th Floor, Block A, Hong Kong Industrial Centre, Kowloon, Hong Kong, HKG
Milan Station Holdings Ltd is an investment holding company engaged in the retail of handbags, fashion accessories, embellishments, and spa and wellness products. In terms of product revenue, the company earns maximum income from Handbags. Its geographical segments are Hong Kong and Macau of which the majority of its revenue comes from Hong Kong.
Executives
Chen Huaijun 2101 Beneficial owner
Yiu Kwan Tat 2101 Beneficial owner
Wei Mei Qi Ye You Xian Gong Si 2101 Beneficial owner

Milan Station Holdings (HKSE:01150) Headlines

No Headlines