Legion Consortium Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.7%.
The historical rank and industry rank for Legion Consortium's Gross Margin % or its related term are showing as below:
HKSE:02129'
s Gross Margin % Range Over the Past 10 Years
Min: 29.19 Med: 34.46 Max: 39.02
Current: 31.56
During the past 8 years, the highestGross Margin % of Legion Consortium was 39.02%. The lowest was 29.19%. And the median was 34.46%.
HKSE:02129's Gross Margin % is ranked better than 72.67% of 966
companies
in the Transportation industry
Industry Median: 20.185
vs HKSE:02129: 31.56
Legion Consortium had a gross margin of 32.67% for the quarter that ended in Jun. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Legion Consortium was -3.70% per year.
Legion Consortium Gross Margin % Historical Data
The historical data trend for Legion Consortium'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.
Competitive Comparison of Legion Consortium's Gross Margin %
For the Trucking subindustry, Legion Consortium'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.
Legion Consortium's Gross Margin % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Legion Consortium's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Legion Consortium'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.
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
Legion Consortium had a gross margin of 32.67% for the quarter that ended in Jun. 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.
Legion Consortium Gross Margin % Related Terms
Thank you for viewing the detailed overview of Legion Consortium's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Legion Consortium Ltd is a logistics service provider in Singapore offering trucking, freight forwarding, and value-added transport services to customers. Trucking services refer to the haulage, mainly containers, between seaports and/or customers' designated pick-up and/or delivery points. Freight forwarding services refer to the one-stop solution whereby it organizes the shipment for customers to get their goods from the origin to the final point of distribution. Value-added transport services refer to open-yard storage services, stuffing and unstuffing services, and trucking services for the haulage, mainly containers, between its logistics yards and its customer's designated pick-up and/or delivery points.
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