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JF Wealth Holdings (HKSE:09636) Gross Margin % : 84.04% (As of Dec. 2023)


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What is JF Wealth Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JF Wealth Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$1,016 Mil. JF Wealth Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,208 Mil. Therefore, JF Wealth Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 84.04%.


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

HKSE:09636' s Gross Margin % Range Over the Past 10 Years
Min: 82.5   Med: 86.7   Max: 89.69
Current: 83.61


During the past 5 years, the highest Gross Margin % of JF Wealth Holdings was 89.69%. The lowest was 82.50%. And the median was 86.70%.

HKSE:09636's Gross Margin % is ranked better than
93.93% of 247 companies
in the Education industry
Industry Median: 47.11 vs HKSE:09636: 83.61

JF Wealth Holdings had a gross margin of 84.04% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JF Wealth Holdings was 0.00% per year.


JF Wealth Holdings Gross Margin % Historical Data

The historical data trend for JF Wealth Holdings'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.

JF Wealth Holdings Gross Margin % Chart

JF Wealth Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
82.50 89.69 86.70 87.28 83.61

JF Wealth Holdings Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial - 89.31 85.32 83.05 84.04

Competitive Comparison of JF Wealth Holdings's Gross Margin %

For the Education & Training Services subindustry, JF Wealth Holdings'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.


JF Wealth Holdings's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JF Wealth Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JF Wealth Holdings's Gross Margin % falls into.



JF Wealth Holdings Gross Margin % Calculation

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

JF Wealth Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1797.4 / 2149.699
=(Revenue - Cost of Goods Sold) / Revenue
=(2149.699 - 352.332) / 2149.699
=83.61 %

JF Wealth Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1015.5 / 1208.328
=(Revenue - Cost of Goods Sold) / Revenue
=(1208.328 - 192.795) / 1208.328
=84.04 %

* 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.


JF Wealth Holdings  (HKSE:09636) 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

JF Wealth Holdings had a gross margin of 84.04% for the quarter that ended in Dec. 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.


JF Wealth Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of JF Wealth Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


JF Wealth Holdings (HKSE:09636) Business Description

Traded in Other Exchanges
N/A
Address
88 Xumin East Road, 3rd-5th Floor, Yintech Finance Center, Qingpu District, Shanghai, CHN
JF Wealth Holdings Ltd is an online investment decision-making solution provider in China with a focus on the online investor content service market. The company offers online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors to understand the financial market and make investment plans or decisions.
Executives
Lee Cheuk Ho 2201 Interest of corporation controlled by you
Chang Qing Investment Management Company Limited 2101 Beneficial owner
Silver Runner Limited
Tct (bvi) Limited
The Core Trust Company Limited
Coreworth Investments Limited 2101 Beneficial owner
Harmony Creek Investments Limited 2101 Beneficial owner
Chen Ningfeng 2201 Interest of corporation controlled by you
Rich Horizon Investments Limited 2101 Beneficial owner
Embrace Investments Limited 2101 Beneficial owner
Lee Cheuk Ho 2101 Beneficial owner
Chen Wenbin 2201 Interest of corporation controlled by you
Yan Ming 2201 Interest of corporation controlled by you

JF Wealth Holdings (HKSE:09636) Headlines

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