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Coolpoint Innonism Holding (HKSE:08040) Gross Margin % : 4.48% (As of Sep. 2023)


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What is Coolpoint Innonism Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coolpoint Innonism Holding's Gross Profit for the three months ended in Sep. 2023 was HK$3.9 Mil. Coolpoint Innonism Holding's Revenue for the three months ended in Sep. 2023 was HK$87.4 Mil. Therefore, Coolpoint Innonism Holding's Gross Margin % for the quarter that ended in Sep. 2023 was 4.48%.

Warning Sign:

Coolpoint Innonism Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -19.5%.


The historical rank and industry rank for Coolpoint Innonism Holding's Gross Margin % or its related term are showing as below:

HKSE:08040' s Gross Margin % Range Over the Past 10 Years
Min: 1.45   Med: 8.87   Max: 12.51
Current: 7.97


During the past 8 years, the highest Gross Margin % of Coolpoint Innonism Holding was 12.51%. The lowest was 1.45%. And the median was 8.87%.

HKSE:08040's Gross Margin % is ranked worse than
94.31% of 985 companies
in the Business Services industry
Industry Median: 34.43 vs HKSE:08040: 7.97

Coolpoint Innonism Holding had a gross margin of 4.48% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coolpoint Innonism Holding was -19.50% per year.


Coolpoint Innonism Holding Gross Margin % Historical Data

The historical data trend for Coolpoint Innonism Holding'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.

Coolpoint Innonism Holding Gross Margin % Chart

Coolpoint Innonism Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 9.40 3.79 4.07 1.45 8.33

Coolpoint Innonism Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 4.18 11.55 12.79 3.05 4.48

Competitive Comparison of Coolpoint Innonism Holding's Gross Margin %

For the Consulting Services subindustry, Coolpoint Innonism Holding'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.


Coolpoint Innonism Holding's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Coolpoint Innonism Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coolpoint Innonism Holding's Gross Margin % falls into.



Coolpoint Innonism Holding Gross Margin % Calculation

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

Coolpoint Innonism Holding's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=21.7 / 260.473
=(Revenue - Cost of Goods Sold) / Revenue
=(260.473 - 238.783) / 260.473
=8.33 %

Coolpoint Innonism Holding's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=3.9 / 87.444
=(Revenue - Cost of Goods Sold) / Revenue
=(87.444 - 83.528) / 87.444
=4.48 %

* 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.


Coolpoint Innonism Holding  (HKSE:08040) 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

Coolpoint Innonism Holding had a gross margin of 4.48% for the quarter that ended in Sep. 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.


Coolpoint Innonism Holding Gross Margin % Related Terms

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Coolpoint Innonism Holding (HKSE:08040) Business Description

Traded in Other Exchanges
N/A
Address
63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.
Executives
Chen Yi-sung 2101 Beneficial owner
Advance Goal Group Limited 2101 Beneficial owner
Cheng Tsang Fu Dennis 2201 Interest of corporation controlled by you
Cheng Tsang Wai 2201 Interest of corporation controlled by you
Chow Siu Shan Juliana 2202 Interest of your spouse
Liu Lee Lee Lily 2201 Interest of corporation controlled by you

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