GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grandshores Technology Group Ltd (HKSE:01647) » Definitions » Gross Margin %

Grandshores Technology Group (HKSE:01647) Gross Margin % : 13.42% (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Grandshores Technology Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grandshores Technology Group's Gross Profit for the six months ended in Sep. 2023 was HK$22.5 Mil. Grandshores Technology Group's Revenue for the six months ended in Sep. 2023 was HK$167.5 Mil. Therefore, Grandshores Technology Group's Gross Margin % for the quarter that ended in Sep. 2023 was 13.42%.

Warning Sign:

Grandshores Technology Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.2%.


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

HKSE:01647' s Gross Margin % Range Over the Past 10 Years
Min: 15.72   Med: 31.02   Max: 44.29
Current: 15.72


During the past 10 years, the highest Gross Margin % of Grandshores Technology Group was 44.29%. The lowest was 15.72%. And the median was 31.02%.

HKSE:01647's Gross Margin % is ranked worse than
58.36% of 1614 companies
in the Construction industry
Industry Median: 19.295 vs HKSE:01647: 15.72

Grandshores Technology Group had a gross margin of 13.42% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grandshores Technology Group was -9.20% per year.


Grandshores Technology Group Gross Margin % Historical Data

The historical data trend for Grandshores Technology 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.

Grandshores Technology Group Gross Margin % Chart

Grandshores Technology Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.83 27.41 44.29 26.94 15.74

Grandshores Technology Group Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 27.09 26.85 12.88 17.59 13.42

Competitive Comparison of Grandshores Technology Group's Gross Margin %

For the Engineering & Construction subindustry, Grandshores Technology 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.


Grandshores Technology Group's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grandshores Technology Group's Gross Margin % distribution charts can be found below:

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



Grandshores Technology Group Gross Margin % Calculation

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

Grandshores Technology Group's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=53.2 / 338.235
=(Revenue - Cost of Goods Sold) / Revenue
=(338.235 - 284.989) / 338.235
=15.74 %

Grandshores Technology Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=22.5 / 167.529
=(Revenue - Cost of Goods Sold) / Revenue
=(167.529 - 145.043) / 167.529
=13.42 %

* 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.


Grandshores Technology Group  (HKSE:01647) 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

Grandshores Technology Group had a gross margin of 13.42% for the quarter that ended in Sep. 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.


Grandshores Technology Group Gross Margin % Related Terms

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


Grandshores Technology Group (HKSE:01647) Business Description

Traded in Other Exchanges
N/A
Address
1 Science Museum Road, Tsim Sha Tsui, Unit 1503, 15th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG
Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems and including minor repairs and improvement works, and undertaking building and construction works in Singapore. The operating segments of the group are Integrated Building Services; Building Construction Works and Industrial Hemp, of which the major revenue source is from the Integrated Building Services segment. It has a business presence in Singapore and China.
Executives
Great Scenery Ventures Limited 2201 Interest of corporation controlled by you
Yao Yongjie 2101 Beneficial owner
Yao Zeqian 2101 Beneficial owner
Emperor Grand International Limited
Morgan Hill Holdings Limited
Zhu Guangping
Liu Zihao 2101 Beneficial owner
Lion Group Holding Ltd. 2101 Beneficial owner
Wang Jian 2101 Beneficial owner
Leung Shek Kong
Timeness Vision Limited 2201 Interest of corporation controlled by you

Grandshores Technology Group (HKSE:01647) Headlines

No Headlines