The historical rank and industry rank for Zibuyu Group's Gross Margin % or its related term are showing as below:
HKSE:02420'
s Gross Margin % Range Over the Past 10 Years
Min: 65.17 Med: 72.59 Max: 76.57
Current: 65.17
During the past 5 years, the highestGross Margin % of Zibuyu Group was 76.57%. The lowest was 65.17%. And the median was 72.59%.
HKSE:02420's Gross Margin % is ranked better than 91.14% of 1095
companies
in the Retail - Cyclical industry
Industry Median: 36.61
vs HKSE:02420: 65.17
Zibuyu Group had a gross margin of 58.71% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Zibuyu Group was 0.00% per year.
Zibuyu Group Gross Margin % Historical Data
The historical data trend for Zibuyu 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.
Competitive Comparison of Zibuyu Group's Gross Margin %
For the Internet Retail subindustry, Zibuyu 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.
Zibuyu Group's Gross Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Zibuyu Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zibuyu Group'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.
Zibuyu Group (HKSE:02420) 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
Zibuyu Group had a gross margin of 58.71% for the quarter that ended in Dec. 2023 => Durable 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.
Zibuyu Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of Zibuyu Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Zibuyu Group Ltd is an investment holding company and its subsidiaries are engaged in focusing on the sale of apparel and footwear products through third-party e-commerce platforms across china. It designs apparel, footwear and other products, procure products manufactured in accordance with its design and on OEM basis from selected OEM suppliers, and subsequently sell such products to customers globally through a combination of third-party e-commerce platforms and its self-operated online stores. Its sales channels consisted of Amazon, Wish, other third-party e-commerce platforms such as eBay and AliExpress, and its self-operated online stores.
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