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JS Global Lifestyle Co (HKSE:01691) Gross Margin % : 31.95% (As of Dec. 2023)


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What is JS Global Lifestyle Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JS Global Lifestyle Co's Gross Profit for the six months ended in Dec. 2023 was HK$2,134 Mil. JS Global Lifestyle Co's Revenue for the six months ended in Dec. 2023 was HK$6,678 Mil. Therefore, JS Global Lifestyle Co's Gross Margin % for the quarter that ended in Dec. 2023 was 31.95%.

Warning Sign:

JS Global Lifestyle Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


The historical rank and industry rank for JS Global Lifestyle Co's Gross Margin % or its related term are showing as below:

HKSE:01691' s Gross Margin % Range Over the Past 10 Years
Min: 31.86   Med: 36.8   Max: 41.54
Current: 34.06


During the past 8 years, the highest Gross Margin % of JS Global Lifestyle Co was 41.54%. The lowest was 31.86%. And the median was 36.80%.

HKSE:01691's Gross Margin % is ranked better than
63.73% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.645 vs HKSE:01691: 34.06

JS Global Lifestyle Co had a gross margin of 31.95% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for JS Global Lifestyle Co was -1.80% per year.


JS Global Lifestyle Co Gross Margin % Historical Data

The historical data trend for JS Global Lifestyle Co'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.

JS Global Lifestyle Co Gross Margin % Chart

JS Global Lifestyle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 37.35 41.54 37.36 36.35 34.06

JS Global Lifestyle Co Semi-Annual Data
Dec16 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 34.90 35.57 37.07 37.20 31.95

Competitive Comparison of JS Global Lifestyle Co's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, JS Global Lifestyle Co'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.


JS Global Lifestyle Co's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JS Global Lifestyle Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JS Global Lifestyle Co's Gross Margin % falls into.



JS Global Lifestyle Co Gross Margin % Calculation

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

JS Global Lifestyle Co'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 )
=3800.1 / 11157.908
=(Revenue - Cost of Goods Sold) / Revenue
=(11157.908 - 7357.784) / 11157.908
=34.06 %

JS Global Lifestyle Co'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 )
=2133.7 / 6678.066
=(Revenue - Cost of Goods Sold) / Revenue
=(6678.066 - 4544.358) / 6678.066
=31.95 %

* 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.


JS Global Lifestyle Co  (HKSE:01691) 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

JS Global Lifestyle Co had a gross margin of 31.95% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


JS Global Lifestyle Co Gross Margin % Related Terms

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


JS Global Lifestyle Co (HKSE:01691) Business Description

Traded in Other Exchanges
Address
238 Des Voeux Road Central, 21st Floor, Sheung Wan, Hong Kong, HKG
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja. The company generates maximum revenue from SharkNinja segment. Its SharkNinja segment is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products and small kitchen appliances products. Its Joyoung segment is involved in the design, manufacture, marketing, export and distribution of small kitchen electrical appliances. The company earns majority of its revenue from SharkNinja segment.
Executives
Han Run 2101 Beneficial owner
Wang Xuning 2101 Beneficial owner
Yang Ningning 2101 Beneficial owner
Guo De Er Limited 2103 Interests held jointly with another person
Wang Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Global Limited 2103 Interests held jointly with another person
Hannah Han Family Holdings Limited 2103 Interests held jointly with another person
He Guang Limited 2103 Interests held jointly with another person
Hongjin Family Company Limited 2103 Interests held jointly with another person
Hongjin Global Company Limited 2103 Interests held jointly with another person
Hongtao Holding Company Limited 2103 Interests held jointly with another person
Huang Family Global Limited 2103 Interests held jointly with another person
J&z Family Global Limited 2103 Interests held jointly with another person
Jiang Family Global Limited 2103 Interests held jointly with another person
L&w Everlasting Holdings Limited 2103 Interests held jointly with another person

JS Global Lifestyle Co (HKSE:01691) Headlines

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