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Wan Leader International (HKSE:08482) Gross Margin % : 0.12% (As of Sep. 2023)


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What is Wan Leader International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wan Leader International's Gross Profit for the three months ended in Sep. 2023 was HK$0.1 Mil. Wan Leader International's Revenue for the three months ended in Sep. 2023 was HK$46.2 Mil. Therefore, Wan Leader International's Gross Margin % for the quarter that ended in Sep. 2023 was 0.12%.

Warning Sign:

Wan Leader International Ltd gross margin has been in long-term decline. The average rate of decline per year is -37.2%.


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

HKSE:08482' s Gross Margin % Range Over the Past 10 Years
Min: 1.21   Med: 11.57   Max: 28.17
Current: 1.95


During the past 8 years, the highest Gross Margin % of Wan Leader International was 28.17%. The lowest was 1.21%. And the median was 11.57%.

HKSE:08482's Gross Margin % is ranked worse than
93.88% of 948 companies
in the Transportation industry
Industry Median: 20.035 vs HKSE:08482: 1.95

Wan Leader International had a gross margin of 0.12% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wan Leader International was -37.20% per year.


Wan Leader International Gross Margin % Historical Data

The historical data trend for Wan Leader International'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.

Wan Leader International Gross Margin % Chart

Wan Leader International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 13.89 6.79 9.24 6.65 1.21

Wan Leader International 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 -3.84 6.69 -2.54 2.37 0.12

Competitive Comparison of Wan Leader International's Gross Margin %

For the Integrated Freight & Logistics subindustry, Wan Leader International'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.


Wan Leader International's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wan Leader International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wan Leader International's Gross Margin % falls into.



Wan Leader International Gross Margin % Calculation

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

Wan Leader International'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 )
=2.5 / 206.936
=(Revenue - Cost of Goods Sold) / Revenue
=(206.936 - 204.436) / 206.936
=1.21 %

Wan Leader International'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 )
=0.1 / 46.158
=(Revenue - Cost of Goods Sold) / Revenue
=(46.158 - 46.104) / 46.158
=0.12 %

* 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.


Wan Leader International  (HKSE:08482) 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

Wan Leader International had a gross margin of 0.12% 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.


Wan Leader International Gross Margin % Related Terms

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Wan Leader International (HKSE:08482) Business Description

Traded in Other Exchanges
Address
18 Container Port Road South, Office Tower Units 901-902, Hutchison Logistics Centre, Terminal 4, Kwai Chung Container Port, Kwai Chung, New Territories, HKG
Wan Leader International Ltd is an investment holding company and the principal activities of its subsidiaries include the provision of freight forwarding and related logistics services and the provision of entrusted management services for operating an online e-commerce platform and Trading of fashion items. It generates maximum revenue from the Freight forwarding and related logistics services segment. Geographically it generates the majority of its revenue from Hongkong.

Wan Leader International (HKSE:08482) Headlines

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