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Yield Go Holdings (HKSE:01796) Gross Margin % : 4.90% (As of Sep. 2023)


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What is Yield Go Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yield Go Holdings's Gross Profit for the six months ended in Sep. 2023 was HK$10.7 Mil. Yield Go Holdings's Revenue for the six months ended in Sep. 2023 was HK$218.0 Mil. Therefore, Yield Go Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 4.90%.


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

HKSE:01796' s Gross Margin % Range Over the Past 10 Years
Min: -10.12   Med: 7.9   Max: 12.19
Current: 4.95


During the past 8 years, the highest Gross Margin % of Yield Go Holdings was 12.19%. The lowest was -10.12%. And the median was 7.90%.

HKSE:01796's Gross Margin % is ranked worse than
88.85% of 1614 companies
in the Construction industry
Industry Median: 19.295 vs HKSE:01796: 4.95

Yield Go Holdings had a gross margin of 4.90% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yield Go Holdings was 0.00% per year.


Yield Go Holdings Gross Margin % Historical Data

The historical data trend for Yield Go Holdings'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.

Yield Go Holdings Gross Margin % Chart

Yield Go Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 12.01 2.71 -10.12 4.26 5.89

Yield Go Holdings Semi-Annual Data
Mar16 Mar17 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 4.61 3.97 6.83 5.05 4.90

Competitive Comparison of Yield Go Holdings's Gross Margin %

For the Building Products & Equipment subindustry, Yield Go 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.


Yield Go Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yield Go Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yield Go Holdings's Gross Margin % falls into.



Yield Go Holdings Gross Margin % Calculation

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

Yield Go Holdings'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 )
=12.1 / 205.872
=(Revenue - Cost of Goods Sold) / Revenue
=(205.872 - 193.75) / 205.872
=5.89 %

Yield Go Holdings'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 )
=10.7 / 218.039
=(Revenue - Cost of Goods Sold) / Revenue
=(218.039 - 207.354) / 218.039
=4.90 %

* 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.


Yield Go Holdings  (HKSE:01796) 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

Yield Go Holdings had a gross margin of 4.90% 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.


Yield Go Holdings Gross Margin % Related Terms

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


Yield Go Holdings (HKSE:01796) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG
Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.
Executives
Tse Shiu Hoi 2201 Interest of corporation controlled by you
Tse's Finance Limited 2106 Person having a security interest in shares
Huang Hou 2201 Interest of corporation controlled by you
Ultra Accord Limited 2106 Person having a security interest in shares
Chu Chui Ling 2106 Person having a security interest in shares
Yuan Feng Ventures Limited 2101 Beneficial owner
Chen Yidong 2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd. 2106 Person having a security interest in shares
Master Success International Investment Limited 2101 Beneficial owner
Man Hoi Yuen 2201 Interest of corporation controlled by you
Ng Yuen Chun 2202 Interest of your spouse

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