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Lumina Group (HKSE:01162) Gross Margin % : 13.76% (As of Sep. 2024)


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What is Lumina Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lumina Group's Gross Profit for the six months ended in Sep. 2024 was HK$1.96 Mil. Lumina Group's Revenue for the six months ended in Sep. 2024 was HK$14.24 Mil. Therefore, Lumina Group's Gross Margin % for the quarter that ended in Sep. 2024 was 13.76%.

Warning Sign:

Lumina Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -23.3%.


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

HKSE:01162' s Gross Margin % Range Over the Past 10 Years
Min: 8.63   Med: 32.03   Max: 37.77
Current: 10.43


During the past 10 years, the highest Gross Margin % of Lumina Group was 37.77%. The lowest was 8.63%. And the median was 32.03%.

HKSE:01162's Gross Margin % is ranked worse than
91.79% of 987 companies
in the Business Services industry
Industry Median: 34.08 vs HKSE:01162: 10.43

Lumina Group had a gross margin of 13.76% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lumina Group was -23.30% per year.


Lumina Group Gross Margin % Historical Data

The historical data trend for Lumina Group'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.

Lumina Group Gross Margin % Chart

Lumina Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.86 26.25 29.36 13.32 8.63

Lumina Group Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 23.30 0.33 9.10 7.96 13.76

Competitive Comparison of Lumina Group's Gross Margin %

For the Security & Protection Services subindustry, Lumina 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.


Lumina Group's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lumina Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lumina Group's Gross Margin % falls into.


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Lumina Group Gross Margin % Calculation

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

Lumina Group's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=4 / 46.489
=(Revenue - Cost of Goods Sold) / Revenue
=(46.489 - 42.477) / 46.489
=8.63 %

Lumina Group's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2 / 14.243
=(Revenue - Cost of Goods Sold) / Revenue
=(14.243 - 12.283) / 14.243
=13.76 %

* 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.


Lumina Group  (HKSE:01162) 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

Lumina Group had a gross margin of 13.76% for the quarter that ended in Sep. 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.


Lumina Group Gross Margin % Related Terms

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


Lumina Group Business Description

Traded in Other Exchanges
N/A
Address
Number 81-83 Larch Street, 1st Floor, R & T Centre, Tai Kok Tsui, Kowloon, Hong Kong, HKG
Lumina Group Ltd is principally engaged in the provision of fire safety services. The operating segments of the group are Fire safety system installation services; and Repair and Maintenance Services. All the business operations of the group are located in Hong Kong. The company's Fire safety system installation services cover the design, supply, and installation of fire safety systems including evacuation and electrical fire alarm systems, water and gas suppression systems and portable fire equipment for newly built and existing buildings. Its Repair and maintenance segment provides repair and maintenance services on fire safety systems to satisfy the fire services department's requirements.
Executives
Foxfire Limited 2101 Beneficial owner
Fok Hau Fai 2201 Interest of corporation controlled by you

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