China Oriented International Holdings (HKSE:01871) Gross Margin % : 18.91% (As of Jun. 2024)

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What is China Oriented International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Oriented International Holdings's Gross Profit for the six months ended in Jun. 2024 was HK$3.70 Mil. China Oriented International Holdings's Revenue for the six months ended in Jun. 2024 was HK$19.54 Mil. Therefore, China Oriented International Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 18.91%.

Warning Sign:

China Oriented International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -22.2%.

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

HKSE:01871' s Gross Margin % Range Over the Past 10 Years
Min: 16.29 Med: 53.7 Max: 72.36
Current: 16.29

During the past 8 years, the highest Gross Margin % of China Oriented International Holdings was 72.36%. The lowest was 16.29%. And the median was 53.70%.

HKSE:01871's Gross Margin % is ranked worse than
95.56% of 248 companies
in the Education industry
Industry Median: 47.63 vs HKSE:01871: 16.29

China Oriented International Holdings had a gross margin of 18.91% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Oriented International Holdings was -22.20% per year.

China Oriented International Holdings Gross Margin % Historical Data

The historical data trend for China Oriented International 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.

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China Oriented International Holdings Gross Margin % Chart

China Oriented International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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63.56

43.84

33.75

23.68

21.46

China Oriented International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial									32.96	5.73	27.10	13.44	18.91

Competitive Comparison of China Oriented International Holdings's Gross Margin %

For the Education & Training Services subindustry, China Oriented 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.

China Oriented International Holdings's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Oriented International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Oriented International Holdings's Gross Margin % falls into.

China Oriented International Holdings Gross Margin % Calculation

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

China Oriented International Holdings'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 )
	=	9.4	/	43.624
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(43.624 - 34.261)	/	43.624
	=	21.46 %

China Oriented International Holdings's Gross Margin for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )	=	Gross Profit (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	3.7	/	19.536
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19.536 - 15.841)	/	19.536
	=	18.91 %

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.

China Oriented International Holdings (HKSE:01871) 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

China Oriented International Holdings had a gross margin of 18.91% for the quarter that ended in Jun. 2024 => 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.

China Oriented International Holdings Gross Margin % Related Terms

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China Oriented International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Oriented International Holdings Ltd (HKSE:01871) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN

Website

http://www.china-oriented.com

China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.

Executives

Ample Star Global Limited	2101 Beneficial owner
Greater Sino Ventures Limited	2101 Beneficial owner
China Castson 81 Finance Company Limited	2101 Beneficial owner
Hui Ching Ping	2202 Interest of your spouse
Ling Wai Leung	2201 Interest of corporation controlled by you
Pu Xiong Tou Zi You Xian Gong Si	2101 Beneficial owner
Gao Dongju	2202 Interest of your spouse
Qi Xiangzhong	2201 Interest of corporation controlled by you
China Internet Investment Finance Holdings Limited	2201 Interest of corporation controlled by you
Shou Yue Kong Gu You Xian Gong Si	2101 Beneficial owner

China Oriented International Holdings Headlines

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