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Kingwell Group (HKSE:01195) Gross Margin % : 41.24% (As of Jun. 2023)


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What is Kingwell Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kingwell Group's Gross Profit for the six months ended in Jun. 2023 was HK$15.96 Mil. Kingwell Group's Revenue for the six months ended in Jun. 2023 was HK$38.70 Mil. Therefore, Kingwell Group's Gross Margin % for the quarter that ended in Jun. 2023 was 41.24%.


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

HKSE:01195' s Gross Margin % Range Over the Past 10 Years
Min: 7.96   Med: 26.08   Max: 35.51
Current: 28.45


During the past 13 years, the highest Gross Margin % of Kingwell Group was 35.51%. The lowest was 7.96%. And the median was 26.08%.

HKSE:01195's Gross Margin % is ranked worse than
61.71% of 1653 companies
in the Real Estate industry
Industry Median: 36.34 vs HKSE:01195: 28.45

Kingwell Group had a gross margin of 41.24% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kingwell Group was 21.10% per year.


Kingwell Group Gross Margin % Historical Data

The historical data trend for Kingwell 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.

Kingwell Group Gross Margin % Chart

Kingwell Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.80 29.48 25.11 35.51 30.51

Kingwell Group 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 39.47 33.96 20.81 41.24 14.81

Competitive Comparison of Kingwell Group's Gross Margin %

For the Real Estate - Diversified subindustry, Kingwell 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.


Kingwell Group's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kingwell Group's Gross Margin % distribution charts can be found below:

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



Kingwell Group Gross Margin % Calculation

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

Kingwell Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=24.9 / 81.533
=(Revenue - Cost of Goods Sold) / Revenue
=(81.533 - 56.657) / 81.533
=30.51 %

Kingwell Group's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=16 / 38.697
=(Revenue - Cost of Goods Sold) / Revenue
=(38.697 - 22.737) / 38.697
=41.24 %

* 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.


Kingwell Group  (HKSE:01195) 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

Kingwell Group had a gross margin of 41.24% for the quarter that ended in Jun. 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.


Kingwell Group Gross Margin % Related Terms

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


Kingwell Group (HKSE:01195) Business Description

Traded in Other Exchanges
N/A
Address
62 Mody Road, Units 314-315, Wing On Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Kingwell Group Ltd is engaged in the property development business. It operates under two main segments. The gold mining segment engages in the production and sale of gold; and the property development, property leasing, and property management services segment engages in the development of villas, apartments, and commercial buildings, property leasing of self-owned properties, the sale of carpark spaces and the provision of property management services and construction services. The company derives majority of its revenue from the property development, property leasing, and property management services segment.
Executives
Union Day Group Limited 2201 Interest of corporation controlled by you
Du Yun 2201 Interest of corporation controlled by you
Mu Dongsheng 2101 Beneficial owner
Yin Jiatang 2101 Beneficial owner

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