Zhejiang United Investment Holdings Group (HKSE:08366) Gross Margin % : 1.80% (As of Oct. 2023)

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What is Zhejiang United Investment Holdings Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang United Investment Holdings Group's Gross Profit for the three months ended in Oct. 2023 was HK$1.4 Mil. Zhejiang United Investment Holdings Group's Revenue for the three months ended in Oct. 2023 was HK$78.1 Mil. Therefore, Zhejiang United Investment Holdings Group's Gross Margin % for the quarter that ended in Oct. 2023 was 1.80%.

Warning Sign:

Zhejiang United Investment Holdings Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.

The historical rank and industry rank for Zhejiang United Investment Holdings Group's Gross Margin % or its related term are showing as below:

HKSE:08366' s Gross Margin % Range Over the Past 10 Years
Min: 0.93 Med: 1.94 Max: 13.2
Current: 1.97

During the past 10 years, the highest Gross Margin % of Zhejiang United Investment Holdings Group was 13.20%. The lowest was 0.93%. And the median was 1.94%.

HKSE:08366's Gross Margin % is ranked worse than
94.35% of 1664 companies
in the Construction industry
Industry Median: 20.015 vs HKSE:08366: 1.97

Zhejiang United Investment Holdings Group had a gross margin of 1.80% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zhejiang United Investment Holdings Group was -1.70% per year.

Zhejiang United Investment Holdings Group Gross Margin % Historical Data

The historical data trend for Zhejiang United Investment Holdings 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.

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Zhejiang United Investment Holdings Group Gross Margin % Chart

Zhejiang United Investment Holdings Group Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Gross Margin %

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0.93

1.32

1.39

1.96

1.91

Zhejiang United Investment Holdings Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24
Gross Margin %	Get a 7-Day Free Trial															2.01	2.28	1.74	1.80	-

Competitive Comparison of Zhejiang United Investment Holdings Group's Gross Margin %

For the Engineering & Construction subindustry, Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang United Investment Holdings Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang United Investment Holdings Group's Gross Margin % falls into.

Zhejiang United Investment Holdings Group Gross Margin % Calculation

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

Zhejiang United Investment Holdings Group's Gross Margin for the fiscal year that ended in Apr. 2024 is calculated as

Gross Margin % (A: Apr. 2024 )	=	Gross Profit (A: Apr. 2024 )	/	Revenue (A: Apr. 2024 )
	=	5.8	/	302.095
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(302.095 - 296.336)	/	302.095
	=	1.91 %

Zhejiang United Investment Holdings Group's Gross Margin for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )	=	Gross Profit (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	1.4	/	78.142
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(78.142 - 76.732)	/	78.142
	=	1.80 %

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.

Zhejiang United Investment Holdings Group (HKSE:08366) 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

Zhejiang United Investment Holdings Group had a gross margin of 1.80% for the quarter that ended in Oct. 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.

Zhejiang United Investment Holdings Group Gross Margin % Related Terms

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Zhejiang United Investment Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang United Investment Holdings Group Ltd (HKSE:08366) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.zjuv8366.com

Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.

Executives

Zhang Yan	2101 Beneficial owner
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Securities Limited	2101 Beneficial owner
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Zhang Yan	2101 Beneficial owner
United Financial Holdings Group Limited	2101 Beneficial owner
Zhou Ying	2201 Interest of corporation controlled by you
Century Investment Holdings Limited	2201 Interest of corporation controlled by you

Zhejiang United Investment Holdings Group Headlines

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