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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%.


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: 1.96   Max: 13.2
Current: 1.97


During the past 9 years, the highest Gross Margin % of Zhejiang United Investment Holdings Group was 13.20%. The lowest was 0.93%. And the median was 1.96%.

HKSE:08366's Gross Margin % is ranked worse than
92.93% of 1613 companies
in the Construction industry
Industry Median: 19.14 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 -1.00% 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.

* Premium members only.

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
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 3.40 0.93 1.32 1.39 1.96

Zhejiang United Investment Holdings Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.74 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. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=3.9 / 199.173
=(Revenue - Cost of Goods Sold) / Revenue
=(199.173 - 195.26) / 199.173
=1.96 %

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 %

* 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.


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 (HKSE:08366) Business Description

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
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 of 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 (HKSE:08366) Headlines

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