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Anacle Systems (HKSE:08353) Gross Margin % : 50.01% (As of Nov. 2023)


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What is Anacle Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Anacle Systems's Gross Profit for the three months ended in Nov. 2023 was HK$16.6 Mil. Anacle Systems's Revenue for the three months ended in Nov. 2023 was HK$33.2 Mil. Therefore, Anacle Systems's Gross Margin % for the quarter that ended in Nov. 2023 was 50.01%.


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

HKSE:08353' s Gross Margin % Range Over the Past 10 Years
Min: 20.31   Med: 40.97   Max: 60.48
Current: 49.9


During the past 9 years, the highest Gross Margin % of Anacle Systems was 60.48%. The lowest was 20.31%. And the median was 40.97%.

HKSE:08353's Gross Margin % is ranked better than
58.95% of 2631 companies
in the Software industry
Industry Median: 41.74 vs HKSE:08353: 49.90

Anacle Systems had a gross margin of 50.01% for the quarter that ended in Nov. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Anacle Systems was 10.00% per year.


Anacle Systems Gross Margin % Historical Data

The historical data trend for Anacle Systems'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.

Anacle Systems Gross Margin % Chart

Anacle Systems Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 20.31 40.11 40.71 40.97 49.80

Anacle Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 62.74 54.07 46.69 50.01 47.17

Competitive Comparison of Anacle Systems's Gross Margin %

For the Software - Application subindustry, Anacle Systems'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.


Anacle Systems's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Anacle Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Anacle Systems's Gross Margin % falls into.



Anacle Systems Gross Margin % Calculation

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

Anacle Systems's Gross Margin for the fiscal year that ended in May. 2023 is calculated as

Gross Margin % (A: May. 2023 )=Gross Profit (A: May. 2023 ) / Revenue (A: May. 2023 )
=69.4 / 139.252
=(Revenue - Cost of Goods Sold) / Revenue
=(139.252 - 69.901) / 139.252
=49.80 %

Anacle Systems's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=16.6 / 33.23
=(Revenue - Cost of Goods Sold) / Revenue
=(33.23 - 16.612) / 33.23
=50.01 %

* 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.


Anacle Systems  (HKSE:08353) 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

Anacle Systems had a gross margin of 50.01% for the quarter that ended in Nov. 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.


Anacle Systems Gross Margin % Related Terms

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Anacle Systems (HKSE:08353) Business Description

Traded in Other Exchanges
N/A
Address
3 Fusionopolis Way, No. 14-21 Symbiosis, Singapore, SGP, 138633
Anacle Systems Ltd is a Singapore-based company engaged in software development. It has three operating segments. Simplicity and MyBill segment, which is the key revenue driver, provides specific solutions for enterprise asset management, shared resources management, tenancy management, financial management, supply chain management, customer relationship management and billing management; Starlight segment provides all-time access to the energy profiles of buildings, including information such as energy consumption, power quality, energy analytics, and carbon footprint profiles; and SpaceMonster segment provides an online venue booking platform. Its geographical segments include Singapore, Malaysia, Thailand, China and others, of which the majority of the revenue comes from Singapore.

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