HKSE:02231's Gross Margin % is ranked worse than 91.41% of 1664
companies
in the Real Estate industry
Industry Median: 35.78
vs HKSE:02231: 8.45
JY Grandmark Holdings had a gross margin of 9.28% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for JY Grandmark Holdings was -27.40% per year.
JY Grandmark Holdings Gross Margin % Historical Data
The historical data trend for JY Grandmark 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.
Competitive Comparison of JY Grandmark Holdings's Gross Margin %
For the Real Estate - Development subindustry, JY Grandmark 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.
JY Grandmark Holdings's Gross Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, JY Grandmark Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where JY Grandmark Holdings'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
JY Grandmark Holdings had a gross margin of 9.28% for the quarter that ended in Jun. 2024 => 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.
JY Grandmark Holdings Gross Margin % Related Terms
Thank you for viewing the detailed overview of JY Grandmark Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02231 has been successfully added to your 