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YTO International Express and Supply Chain Technology (HKSE:06123) Gross Margin % : 6.44% (As of Dec. 2023)


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What is YTO International Express and Supply Chain Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. YTO International Express and Supply Chain Technology's Gross Profit for the six months ended in Dec. 2023 was HK$182 Mil. YTO International Express and Supply Chain Technology's Revenue for the six months ended in Dec. 2023 was HK$2,824 Mil. Therefore, YTO International Express and Supply Chain Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 6.44%.

Warning Sign:

YTO International Express and Supply Chain Technology Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.7%.


The historical rank and industry rank for YTO International Express and Supply Chain Technology's Gross Margin % or its related term are showing as below:

HKSE:06123' s Gross Margin % Range Over the Past 10 Years
Min: 8.1   Med: 14.42   Max: 17.16
Current: 9.1


During the past 11 years, the highest Gross Margin % of YTO International Express and Supply Chain Technology was 17.16%. The lowest was 8.10%. And the median was 14.42%.

HKSE:06123's Gross Margin % is ranked worse than
81.56% of 949 companies
in the Transportation industry
Industry Median: 19.99 vs HKSE:06123: 9.10

YTO International Express and Supply Chain Technology had a gross margin of 6.44% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for YTO International Express and Supply Chain Technology was -10.70% per year.


YTO International Express and Supply Chain Technology Gross Margin % Historical Data

The historical data trend for YTO International Express and Supply Chain Technology'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.

YTO International Express and Supply Chain Technology Gross Margin % Chart

YTO International Express and Supply Chain Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.13 15.31 10.49 8.10 9.10

YTO International Express and Supply Chain Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.28 10.60 5.47 12.14 6.44

Competitive Comparison of YTO International Express and Supply Chain Technology's Gross Margin %

For the Integrated Freight & Logistics subindustry, YTO International Express and Supply Chain Technology'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.


YTO International Express and Supply Chain Technology's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, YTO International Express and Supply Chain Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where YTO International Express and Supply Chain Technology's Gross Margin % falls into.



YTO International Express and Supply Chain Technology Gross Margin % Calculation

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

YTO International Express and Supply Chain Technology'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 )
=481.3 / 5291.61
=(Revenue - Cost of Goods Sold) / Revenue
=(5291.61 - 4810.282) / 5291.61
=9.10 %

YTO International Express and Supply Chain Technology'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 )
=181.8 / 2824.028
=(Revenue - Cost of Goods Sold) / Revenue
=(2824.028 - 2642.271) / 2824.028
=6.44 %

* 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.


YTO International Express and Supply Chain Technology  (HKSE:06123) 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

YTO International Express and Supply Chain Technology had a gross margin of 6.44% 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.


YTO International Express and Supply Chain Technology Gross Margin % Related Terms

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YTO International Express and Supply Chain Technology (HKSE:06123) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 2208, 22nd Floor, Office Tower, Skyline Tower, Kowloon Bay, Hong Kong, HKG
YTO International Express and Supply Chain Technology Ltd is an investment holding company. It is engaged in the provision of freight and logistics services and other related services. The company's operating segment includes Air freight; Ocean freight; Logistics; International express and parcel and Others. It generates maximum revenue from the Airfreight segment. The Airfreight segment is related to freight forwarding by air. Geographically, it derives a majority of its revenue from PRC.

YTO International Express and Supply Chain Technology (HKSE:06123) Headlines

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