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MOG Digitech Holdings (HKSE:01942) Gross Margin % : 27.33% (As of Sep. 2022)


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What is MOG Digitech Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MOG Digitech Holdings's Gross Profit for the six months ended in Sep. 2022 was HK$96.6 Mil. MOG Digitech Holdings's Revenue for the six months ended in Sep. 2022 was HK$353.6 Mil. Therefore, MOG Digitech Holdings's Gross Margin % for the quarter that ended in Sep. 2022 was 27.33%.


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


HKSE:01942's Gross Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 53.135
* Ranked among companies with meaningful Gross Margin % only.

MOG Digitech Holdings had a gross margin of 27.33% for the quarter that ended in Sep. 2022 => Competition eroding margins

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


MOG Digitech Holdings Gross Margin % Historical Data

The historical data trend for MOG Digitech 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.

MOG Digitech Holdings Gross Margin % Chart

MOG Digitech Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21
Gross Margin %
55.20 58.81 62.84 66.14 69.37

MOG Digitech Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 66.78 71.92 69.07 22.47 27.33

Competitive Comparison of MOG Digitech Holdings's Gross Margin %

For the Medical Instruments & Supplies subindustry, MOG Digitech 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.


MOG Digitech Holdings's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MOG Digitech Holdings's Gross Margin % distribution charts can be found below:

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



MOG Digitech Holdings Gross Margin % Calculation

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

MOG Digitech Holdings's Gross Margin for the fiscal year that ended in Mar. 2021 is calculated as

Gross Margin % (A: Mar. 2021 )=Gross Profit (A: Mar. 2021 ) / Revenue (A: Mar. 2021 )
=130.1 / 187.548
=(Revenue - Cost of Goods Sold) / Revenue
=(187.548 - 57.444) / 187.548
=69.37 %

MOG Digitech Holdings's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=96.6 / 353.58
=(Revenue - Cost of Goods Sold) / Revenue
=(353.58 - 256.958) / 353.58
=27.33 %

* 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.


MOG Digitech Holdings  (HKSE:01942) 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

MOG Digitech Holdings had a gross margin of 27.33% for the quarter that ended in Sep. 2022 => 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.


MOG Digitech Holdings Gross Margin % Related Terms

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MOG Digitech Holdings (HKSE:01942) Business Description

Traded in Other Exchanges
N/A
Address
No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015
MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

MOG Digitech Holdings (HKSE:01942) Headlines

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