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Beijing Capital Jiaye Property Services Co (HKSE:02210) Gross Margin % : 19.37% (As of Dec. 2023)


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What is Beijing Capital Jiaye Property Services Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Beijing Capital Jiaye Property Services Co's Gross Profit for the six months ended in Dec. 2023 was HK$199 Mil. Beijing Capital Jiaye Property Services Co's Revenue for the six months ended in Dec. 2023 was HK$1,030 Mil. Therefore, Beijing Capital Jiaye Property Services Co's Gross Margin % for the quarter that ended in Dec. 2023 was 19.37%.


The historical rank and industry rank for Beijing Capital Jiaye Property Services Co's Gross Margin % or its related term are showing as below:

HKSE:02210' s Gross Margin % Range Over the Past 10 Years
Min: 19.82   Med: 20.81   Max: 22.26
Current: 20.57


During the past 6 years, the highest Gross Margin % of Beijing Capital Jiaye Property Services Co was 22.26%. The lowest was 19.82%. And the median was 20.81%.

HKSE:02210's Gross Margin % is ranked worse than
74.46% of 1652 companies
in the Real Estate industry
Industry Median: 36.22 vs HKSE:02210: 20.57

Beijing Capital Jiaye Property Services Co had a gross margin of 19.37% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Beijing Capital Jiaye Property Services Co was 1.00% per year.


Beijing Capital Jiaye Property Services Co Gross Margin % Historical Data

The historical data trend for Beijing Capital Jiaye Property Services Co'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.

Beijing Capital Jiaye Property Services Co Gross Margin % Chart

Beijing Capital Jiaye Property Services Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 19.82 20.77 22.26 22.16 20.57

Beijing Capital Jiaye Property Services Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 20.11 23.52 21.16 21.85 19.37

Competitive Comparison of Beijing Capital Jiaye Property Services Co's Gross Margin %

For the Real Estate Services subindustry, Beijing Capital Jiaye Property Services Co'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.


Beijing Capital Jiaye Property Services Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Capital Jiaye Property Services Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Capital Jiaye Property Services Co's Gross Margin % falls into.



Beijing Capital Jiaye Property Services Co Gross Margin % Calculation

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

Beijing Capital Jiaye Property Services Co'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 )
=411.7 / 2000.938
=(Revenue - Cost of Goods Sold) / Revenue
=(2000.938 - 1589.26) / 2000.938
=20.57 %

Beijing Capital Jiaye Property Services Co'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 )
=199.5 / 1029.573
=(Revenue - Cost of Goods Sold) / Revenue
=(1029.573 - 830.116) / 1029.573
=19.37 %

* 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.


Beijing Capital Jiaye Property Services Co  (HKSE:02210) 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

Beijing Capital Jiaye Property Services Co had a gross margin of 19.37% 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.


Beijing Capital Jiaye Property Services Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Beijing Capital Jiaye Property Services Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Capital Jiaye Property Services Co (HKSE:02210) Business Description

Traded in Other Exchanges
N/A
Address
18 North Taipingzhuang Road, 8th Floor, Building A, Chengjian Plaza, Haidian District, Beijing, CHN, 100088
Beijing Capital Jiaye Property Services Co Ltd is a China-based company principally engaged in providing integrated property management services. The company's services mainly include security services, cleaning services, greening and gardening services, repair and maintenance services, and customer services. In addition, the company also provides community value-added services such as heating services, catering services, real estate brokerage services, and parking space operation services, and non-owner value-added services such as case and model room management, pre-delivery support services, tenant solicitation, and management services.
Executives
Hwabao Trust Co., Ltd 2301 Trustee
Hu Junsheng 2201 Interest of corporation controlled by you
China International Capital Corporation (hong Kong) Limited 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter
Cai Tong Ji Jin Guan Li You Xian Gong Si 2501 Other
Cai Tong Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Lu Shang Xiang Gang You Xian Gong Si 2101 Beneficial owner
Bei Jing Cheng Jian Liu Jian She Ji Tuan You Xian Gong Si 2501 Other
Bei Jing Cheng Jian Chang Cheng Jian She Ji Tuan You Xian Gong Si 2501 Other
Hua An Ji Jin Jin Xi Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Hua An Ji Jin Jin Ying Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Bei Jing Cheng Jian Bei Fang Ji Tuan You Xian Gong Si 2501 Other
Bei Shi Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Bei Jing Cheng Jian Yuan Dong Jian She Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cai Tong Ji Jin Cai Tong Hai Wai Hao Dan Yi Zi Chan Guan Li Ji Hua 2501 Other

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