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QSG (QuantaSing Group) Gross Margin % : 83.14% (As of Dec. 2024)


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What is QuantaSing Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. QuantaSing Group's Gross Profit for the three months ended in Dec. 2024 was $83.0 Mil. QuantaSing Group's Revenue for the three months ended in Dec. 2024 was $99.8 Mil. Therefore, QuantaSing Group's Gross Margin % for the quarter that ended in Dec. 2024 was 83.14%.


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

QSG' s Gross Margin % Range Over the Past 10 Years
Min: 84.37   Med: 86.52   Max: 89.83
Current: 84.37


During the past 4 years, the highest Gross Margin % of QuantaSing Group was 89.83%. The lowest was 84.37%. And the median was 86.52%.

QSG's Gross Margin % is ranked better than
94.84% of 252 companies
in the Education industry
Industry Median: 47.725 vs QSG: 84.37

QuantaSing Group had a gross margin of 83.14% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for QuantaSing Group was 0.00% per year.


QuantaSing Group Gross Margin % Historical Data

The historical data trend for QuantaSing 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.

QuantaSing Group Gross Margin % Chart

QuantaSing Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Gross Margin %
89.83 85.75 87.29 85.50

QuantaSing Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 85.21 84.58 85.88 83.41 83.14

Competitive Comparison of QuantaSing Group's Gross Margin %

For the Education & Training Services subindustry, QuantaSing 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.


QuantaSing Group's Gross Margin % Distribution in the Education Industry

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

* The bar in red indicates where QuantaSing Group's Gross Margin % falls into.


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QuantaSing Group Gross Margin % Calculation

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

QuantaSing Group's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=447.3 / 523.155
=(Revenue - Cost of Goods Sold) / Revenue
=(523.155 - 75.856) / 523.155
=85.50 %

QuantaSing Group's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=83 / 99.805
=(Revenue - Cost of Goods Sold) / Revenue
=(99.805 - 16.827) / 99.805
=83.14 %

* 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.


QuantaSing Group  (NAS:QSG) 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

QuantaSing Group had a gross margin of 83.14% for the quarter that ended in Dec. 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.


QuantaSing Group Gross Margin % Related Terms

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QuantaSing Group Business Description

Traded in Other Exchanges
N/A
Address
Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102
QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.