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Ausupreme International Holdings (HKSE:02031) Gross Margin % : 87.25% (As of Mar. 2024)


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What is Ausupreme International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ausupreme International Holdings's Gross Profit for the six months ended in Mar. 2024 was HK$120.6 Mil. Ausupreme International Holdings's Revenue for the six months ended in Mar. 2024 was HK$138.2 Mil. Therefore, Ausupreme International Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 87.25%.


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

HKSE:02031' s Gross Margin % Range Over the Past 10 Years
Min: 81.68   Med: 85.02   Max: 87.09
Current: 87.09


During the past 11 years, the highest Gross Margin % of Ausupreme International Holdings was 87.09%. The lowest was 81.68%. And the median was 85.02%.

HKSE:02031's Gross Margin % is ranked better than
98.98% of 1854 companies
in the Consumer Packaged Goods industry
Industry Median: 25.215 vs HKSE:02031: 87.09

Ausupreme International Holdings had a gross margin of 87.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ausupreme International Holdings was -0.10% per year.


Ausupreme International Holdings Gross Margin % Historical Data

The historical data trend for Ausupreme 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.

* Premium members only.

Ausupreme International Holdings Gross Margin % Chart

Ausupreme International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.57 82.22 81.68 82.95 87.09

Ausupreme International Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.58 83.40 82.62 86.92 87.25

Competitive Comparison of Ausupreme International Holdings's Gross Margin %

For the Household & Personal Products subindustry, Ausupreme 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.


Ausupreme International Holdings's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ausupreme International Holdings's Gross Margin % distribution charts can be found below:

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



Ausupreme International Holdings Gross Margin % Calculation

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

Ausupreme International Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=234.3 / 269.022
=(Revenue - Cost of Goods Sold) / Revenue
=(269.022 - 34.729) / 269.022
=87.09 %

Ausupreme International Holdings's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=120.6 / 138.239
=(Revenue - Cost of Goods Sold) / Revenue
=(138.239 - 17.621) / 138.239
=87.25 %

* 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.


Ausupreme International Holdings  (HKSE:02031) 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

Ausupreme International Holdings had a gross margin of 87.25% for the quarter that ended in Mar. 2024 => Durable 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.


Ausupreme International Holdings Gross Margin % Related Terms

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


Ausupreme International Holdings Business Description

Traded in Other Exchanges
N/A
Address
83 Hung To Road, East Yingyou Plaza, Office E, 28th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Ausupreme International Holdings Ltd is principally a Hong Kong-based brand builder, retailer, and wholesaler of health and personal care products focusing on the development, marketing, sales, and distribution of branded products. The revenue is recognized from the sale of health supplement products, honey and pollen products, and personal care products. The vast majority is earned from the sale of health supplement products within Hong Kong.
Executives
Beatitudes International Ltd. 2101 Beneficial owner
Choy Chi Fai 2201 Interest of corporation controlled by you
Ho Ka Man 2201 Interest of corporation controlled by you
Gao Yuan 2101 Beneficial owner

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