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CN Logistics International Holdings (HKSE:02130) Gross Margin % : 19.79% (As of Dec. 2023)


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What is CN Logistics International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CN Logistics International Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$215 Mil. CN Logistics International Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,087 Mil. Therefore, CN Logistics International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 19.79%.


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

HKSE:02130' s Gross Margin % Range Over the Past 10 Years
Min: 17.14   Med: 19.39   Max: 20.68
Current: 19.96


During the past 7 years, the highest Gross Margin % of CN Logistics International Holdings was 20.68%. The lowest was 17.14%. And the median was 19.39%.

HKSE:02130's Gross Margin % is ranked worse than
50.05% of 963 companies
in the Transportation industry
Industry Median: 19.96 vs HKSE:02130: 19.96

CN Logistics International Holdings had a gross margin of 19.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CN Logistics International Holdings was -0.60% per year.


CN Logistics International Holdings Gross Margin % Historical Data

The historical data trend for CN Logistics 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.

CN Logistics International Holdings Gross Margin % Chart

CN Logistics International Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 20.68 19.51 18.80 18.54 19.96

CN Logistics International Holdings Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 17.43 17.61 19.58 20.15 19.79

Competitive Comparison of CN Logistics International Holdings's Gross Margin %

For the Integrated Freight & Logistics subindustry, CN Logistics 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.


CN Logistics International Holdings's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CN Logistics International Holdings's Gross Margin % distribution charts can be found below:

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



CN Logistics International Holdings Gross Margin % Calculation

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

CN Logistics 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 )
=420 / 2103.959
=(Revenue - Cost of Goods Sold) / Revenue
=(2103.959 - 1683.923) / 2103.959
=19.96 %

CN Logistics International Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=215.2 / 1087.301
=(Revenue - Cost of Goods Sold) / Revenue
=(1087.301 - 872.142) / 1087.301
=19.79 %

* 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.


CN Logistics International Holdings  (HKSE:02130) 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

CN Logistics International Holdings had a gross margin of 19.79% for the quarter that ended in Dec. 2023 => 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.


CN Logistics International Holdings Gross Margin % Related Terms

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CN Logistics International Holdings Business Description

Traded in Other Exchanges
N/A
Address
97-107 Wo Yi Hop Road, Unit B, 13th Floor, Park Sun Building, Kwai Chung, New Territories, Hong Kong, HKG
CN Logistics International Holdings Ltd is an international logistics solutions provider. Its core business is providing air freight forwarding services and distribution and logistics services in relation to fashion products and fine wine, majorly focusing on high-end fashion including luxury and affordable luxury products.
Executives
Cargo Services Group Limited 2201 Interest of corporation controlled by you
Cs Logistics Holdings Ltd. 2201 Interest of corporation controlled by you
Lau Shek Yau John 2201 Interest of corporation controlled by you
Bai Chang Tai You Xian Gong Si 2201 Interest of corporation controlled by you
Dp World Limited 2201 Interest of corporation controlled by you
Cargo Services Seafreight Limited 2101 Beneficial owner
Cargo Services (logistics) Limited 2101 Beneficial owner
Ngan Au Kei Yee
Ngan Tim Wing 2101 Beneficial owner
Chan Wing Luk 2101 Beneficial owner

CN Logistics International Holdings Headlines

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