The historical rank and industry rank for Folangsi Co's Gross Margin % or its related term are showing as below:
HKSE:02499'
s Gross Margin % Range Over the Past 10 Years
Min: 28.79 Med: 30.43 Max: 33.67
Current: 28.79
During the past 5 years, the highestGross Margin % of Folangsi Co was 33.67%. The lowest was 28.79%. And the median was 30.43%.
HKSE:02499's Gross Margin % is ranked better than 65.38% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.62
vs HKSE:02499: 28.79
Folangsi Co had a gross margin of 27.65% for the quarter that ended in Dec. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Folangsi Co was 0.00% per year.
Folangsi Co Gross Margin % Historical Data
The historical data trend for Folangsi 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.
Competitive Comparison of Folangsi Co's Gross Margin %
For the Farm & Heavy Construction Machinery subindustry, Folangsi 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.
Folangsi Co's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Folangsi Co'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.
Folangsi Co (HKSE:02499) 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
Folangsi Co had a gross margin of 27.65% for the quarter that ended in Dec. 2024 => Competition eroding margins
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.
Folangsi Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Folangsi Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Folangsi Co Ltd is a leading provider of intralogistics equipment solutions in China. They offer comprehensive services for the entire intralogistics equipment lifecycle, including subscription services, repair maintenance, and disposal. The company generates most of its revenue from equipment subscriptions and maintenance and repair services. Sales of intralogistics equipment and parts - where new and used intralogistics equipment, as well as related parts, are sold to meet customers' demands.
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