The historical rank and industry rank for AustAsia Group's Gross Margin % or its related term are showing as below:
HKSE:02425'
s Gross Margin % Range Over the Past 10 Years
Min: 15.35 Med: 25.5 Max: 27.07
Current: 15.35
During the past 5 years, the highestGross Margin % of AustAsia Group was 27.07%. The lowest was 15.35%. And the median was 25.50%.
HKSE:02425's Gross Margin % is ranked worse than 72.31% of 1806
companies
in the Consumer Packaged Goods industry
Industry Median: 25.33
vs HKSE:02425: 15.35
AustAsia Group had a gross margin of 14.51% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for AustAsia Group was 0.00% per year.
AustAsia Group Gross Margin % Historical Data
The historical data trend for AustAsia 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 AustAsia Group's Gross Margin %
For the Farm Products subindustry, AustAsia 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.
AustAsia Group's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, AustAsia Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AustAsia 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.
AustAsia Group (HKSE:02425) 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
AustAsia Group had a gross margin of 14.51% for the quarter that ended in Jun. 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.
AustAsia Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of AustAsia Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
AustAsia Group Ltd is a dairy farm operators in China. The company's two main business segments are raw milk business and beef cattle business. It is also engaged in an ancillary business, namely the sales of milk products under our own brand AustAsia. Its integrated farming model includes dairy cow breeding and farming, raw milk production, and sales of raw milk, and beef cattle breeding and farming, and sales of beef cattle.
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