Gross Margin % is calculated as gross profit divided by its revenue. Junee's Gross Profit for the
six
months ended in Jun. 2024 was $0.41 Mil. Junee's Revenue for the
six
months ended in Jun. 2024 was $1.24 Mil. Therefore, Junee's Gross Margin % for the quarter that ended in Jun. 2024 was 33.12%.
The historical rank and industry rank for Junee's Gross Margin % or its related term are showing as below:
JUNE'
s Gross Margin % Range Over the Past 10 Years
Min: 11.98 Med: 18.83 Max: 28.18
Current: 28.18
During the past 5 years, the highestGross Margin % of Junee was 28.18%. The lowest was 11.98%. And the median was 18.83%.
JUNE's Gross Margin % is ranked better than 66.07% of 1665
companies
in the Construction industry
Industry Median: 20.17
vs JUNE: 28.18
Junee had a gross margin of 33.12% for the quarter that ended in Jun. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Junee was 0.00% per year.
Junee Gross Margin % Historical Data
The historical data trend for Junee'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.
For the Engineering & Construction subindustry, Junee'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.
Junee's Gross Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Junee's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Junee's Gross Margin % falls into.
* 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.
Junee (NAS:JUNE) 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
Junee had a gross margin of 33.12% for the quarter that ended in Jun. 2024 => Competition eroding margins
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.
Junee Gross Margin % Related Terms
Thank you for viewing the detailed overview of Junee's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Junee Ltd is a holding company that operates through its subsidiary. It is engaged in providing design, fit-out, repair, and maintenance services for commercial and residential buildings. The design services include both the consultation with its staff and the actual design work. Fit-out works include installing protective materials to cover floors or walls, installing or constructing partition walls, installing switches, power outlets, telephone wiring, computer outlet covers, and other electrical and wiring works. Repair and maintenance works include, among other things, replacement of fixtures and fittings, repair and maintenance of cupboards and shelves, and repainting walls and ceilings. Geographically, the company derives all of its revenue from its customers in Hong Kong.
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