HKSE:01815's Gross Margin % is ranked worse than 61.77% of 1109
companies
in the Retail - Cyclical industry
Industry Median: 36.89
vs HKSE:01815: 30.70
Mount Everest Gold Group Co had a gross margin of 38.20% for the quarter that ended in Dec. 2024 => Competition eroding margins
* 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 Mount Everest Gold Group Co's Gross Margin %
For the Luxury Goods subindustry, Mount Everest Gold Group 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.
Mount Everest Gold Group Co's Gross Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mount Everest Gold Group Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mount Everest Gold Group Co's Gross Margin % falls into.
* 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.
Mount Everest Gold Group Co (HKSE:01815) 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
Mount Everest Gold Group Co had a gross margin of 38.20% for the quarter that ended in Dec. 2024 => 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.
Mount Everest Gold Group Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Mount Everest Gold Group Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
CSMall Group Ltd is an investment holding company that through its subsidiaries, operates in the Jewellery market. It is engaged in the business of design and sale of gold, silver, and other jewelry products. It derives revenue from different sources including online sales channels and offline retail and service networks. It has two segments New Jewellery Retail which derives key revenue, and the Fresh Food Retail segment. Its geographical segments are PRC and Hong Kong, of which nearly all of its is generated from the PRC.
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