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JEXYF (Jiangsu Expressway Co) Gross Margin % : 47.06% (As of Sep. 2024)


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What is Jiangsu Expressway Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jiangsu Expressway Co's Gross Profit for the three months ended in Sep. 2024 was $273 Mil. Jiangsu Expressway Co's Revenue for the three months ended in Sep. 2024 was $579 Mil. Therefore, Jiangsu Expressway Co's Gross Margin % for the quarter that ended in Sep. 2024 was 47.06%.

Warning Sign:

Jiangsu Expressway Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.6%.


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

JEXYF' s Gross Margin % Range Over the Past 10 Years
Min: 31.55   Med: 48.34   Max: 54.59
Current: 31.55


During the past 13 years, the highest Gross Margin % of Jiangsu Expressway Co was 54.59%. The lowest was 31.55%. And the median was 48.34%.

JEXYF's Gross Margin % is ranked better than
71.81% of 1664 companies
in the Construction industry
Industry Median: 20.05 vs JEXYF: 31.55

Jiangsu Expressway Co had a gross margin of 47.06% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Jiangsu Expressway Co was -9.60% per year.


Jiangsu Expressway Co Gross Margin % Historical Data

The historical data trend for Jiangsu Expressway Co'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.

Jiangsu Expressway Co Gross Margin % Chart

Jiangsu Expressway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.59 41.65 36.90 33.30 36.94

Jiangsu Expressway Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.25 18.04 47.25 20.80 47.06

Competitive Comparison of Jiangsu Expressway Co's Gross Margin %

For the Infrastructure Operations subindustry, Jiangsu Expressway Co'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.


Jiangsu Expressway Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Expressway Co's Gross Margin % falls into.



Jiangsu Expressway Co Gross Margin % Calculation

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

Jiangsu Expressway Co'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 )
=785.9 / 2127.673
=(Revenue - Cost of Goods Sold) / Revenue
=(2127.673 - 1341.795) / 2127.673
=36.94 %

Jiangsu Expressway Co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=272.6 / 579.213
=(Revenue - Cost of Goods Sold) / Revenue
=(579.213 - 306.628) / 579.213
=47.06 %

* 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.


Jiangsu Expressway Co  (OTCPK:JEXYF) 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

Jiangsu Expressway Co had a gross margin of 47.06% for the quarter that ended in Sep. 2024 => 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.


Jiangsu Expressway Co Gross Margin % Related Terms

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


Jiangsu Expressway Co Business Description

Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

Jiangsu Expressway Co Headlines

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