* 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.
Competitive Comparison of CNQC International Holdings's Gross Margin %
For the Real Estate - Diversified subindustry, CNQC International 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.
CNQC International Holdings's Gross Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, CNQC International Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CNQC International Holdings's Gross Margin % falls into.
CNQC International Holdings Gross Margin % Calculation
* 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.
CNQC International Holdings (HKSE:01240) 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
CNQC International Holdings had a gross margin of 3.03% 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.
CNQC International Holdings Gross Margin % Related Terms
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CNQC International Holdings (HKSE:01240) Business Description
CNQC International Holdings Ltd is engaged in the development of properties. Along with subsidiaries, the company operates through four segments. The Foundation and construction - Hong Kong and Macau segment mainly represent the provision of foundation and construction work to property developers, loaning of labor and rental of machinery in Hong Kong and Macau. The Construction - Singapore and Southeast Asia segment mainly represents the provision of construction work to property developers, sales of goods, loaning of labor and rental of equipment in Singapore and Southeast Asia. The Property development - Singapore and Southeast Asia and Property development - Hong Kong segment represent the sales of completed property units in Singapore and Southeast Asia and Hong Kong.
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