Pujiang International Group (HKSE:02060) Gross Margin %: 25.04% (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02060 Pujiang International Group Ltd HKSE:02060
4 GF Score
Price HK$0.19
View Full Analysis

What is Pujiang International Group Gross Margin %?

Pujiang International Group HKSE:02060 4 Gross Margin % is 25.04% as of Jun. 2023. GuruFocus rates HKSE:02060 with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. Pujiang International Group's Gross Profit for the six months ended in Jun. 2023 was HK$246 Mil. Pujiang International Group's Revenue for the six months ended in Jun. 2023 was HK$984 Mil. Therefore, Pujiang International Group's Gross Margin % for the quarter that ended in Jun. 2023 was 25.04%.


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


HKSE:02060's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.98
* Ranked among companies with meaningful Gross Margin % only.

Pujiang International Group had a gross margin of 25.04% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Pujiang International Group was 0.00% per year.


Pujiang International Group  (HKSE:02060) 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

Pujiang International Group had a gross margin of 25.04% for the quarter that ended in Jun. 2023 => 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.


Pujiang International Group Gross Margin % Related Terms


Pujiang International Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pujiang International Group'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.

Pujiang International Group Gross Margin % Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 23.60 25.17 26.60 26.59 26.33

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.49 25.89 22.39 29.94 25.04

HKSE:02060 vs ATI, MLI, ESAB: Gross Margin % Comparison

For the Metal Fabrication subindustry, Pujiang International Group'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.


Pujiang International Group Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pujiang International Group's Gross Margin % distribution charts can be found below:

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


HKSE:02060
4GF Score
Pujiang International Group Ltd HKSE:02060
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pujiang International Group Gross Margin % Calculation

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

Pujiang International Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=632.7 / 2402.91
=(Revenue - Cost of Goods Sold) / Revenue
=(2402.91 - 1770.226) / 2402.91
=26.33 %

Pujiang International Group's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=246.5 / 984.431
=(Revenue - Cost of Goods Sold) / Revenue
=(984.431 - 737.956) / 984.431
=25.04 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 25.04% mean?
Pujiang International Group (HKSE:02060) has a Gross Margin % of 25.04% as of Jun. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Pujiang International Group and its competitors.
Is Pujiang International Group's Gross Margin % too high?
Pujiang International Group's current Gross Margin % is 25.04%. The Industrial Products industry median Gross Margin % is 26.98. Pujiang International Group's value of 25.04% is 7.2% below this industry median. Overall, Pujiang International Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pujiang International Group's Gross Margin % compare to ATI and MLI?
Pujiang International Group's Gross Margin % of 25.04% can be compared against companies in the Industrial Products industry. The industry median Gross Margin % is 26.98. Pujiang International Group's value of 25.04% is 7.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.98, based on 3,005 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pujiang International Group's current Gross Margin % of 25.04% is 7.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Pujiang International Group and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pujiang International Group's current Gross Margin % is 25.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pujiang International Group stock overvalued right now?
Pujiang International Group (HKSE:02060) has a current Gross Margin % of 25.04%. The current Gross Margin % is 25.04% and 7.2% below the Industrial Products industry median of 26.98. Pujiang International Group's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Pujiang International Group (HKSE:02060), the current Gross Margin % is 25.04% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pujiang International Group Business Description

Address 518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
4GF Score

Get the complete analysis for HKSE:02060

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.19
Price