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YHI International (SGX:BPF) Gross Margin % : 25.06% (As of Dec. 2023)


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What is YHI International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. YHI International's Gross Profit for the six months ended in Dec. 2023 was S$47.7 Mil. YHI International's Revenue for the six months ended in Dec. 2023 was S$190.4 Mil. Therefore, YHI International's Gross Margin % for the quarter that ended in Dec. 2023 was 25.06%.


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

SGX:BPF' s Gross Margin % Range Over the Past 10 Years
Min: 21.39   Med: 22.5   Max: 24.6
Current: 24.6


During the past 13 years, the highest Gross Margin % of YHI International was 24.60%. The lowest was 21.39%. And the median was 22.50%.

SGX:BPF's Gross Margin % is ranked better than
65.19% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.68 vs SGX:BPF: 24.60

YHI International had a gross margin of 25.06% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for YHI International was 2.50% per year.


YHI International Gross Margin % Historical Data

The historical data trend for YHI 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.

YHI International Gross Margin % Chart

YHI International 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 21.41 23.97 23.80 22.78 24.60

YHI International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 23.32 22.85 22.70 24.12 25.06

Competitive Comparison of YHI International's Gross Margin %

For the Auto Parts subindustry, YHI 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.


YHI International's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, YHI International's Gross Margin % distribution charts can be found below:

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



YHI International Gross Margin % Calculation

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

YHI International'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 )
=92.7 / 376.94
=(Revenue - Cost of Goods Sold) / Revenue
=(376.94 - 284.226) / 376.94
=24.60 %

YHI International'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 )
=47.7 / 190.377
=(Revenue - Cost of Goods Sold) / Revenue
=(190.377 - 142.661) / 190.377
=25.06 %

* 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.


YHI International  (SGX:BPF) 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

YHI International had a gross margin of 25.06% for the quarter that ended in Dec. 2023 => 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.


YHI International Gross Margin % Related Terms

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YHI International (SGX:BPF) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Pandan Road, Singapore, SGP, 609254
YHI International Ltd is an investment holding company. The company distributes automotive and industrial products. The firm operates through Manufacturing, Rental, and Distribution segments. The Manufacturing segment includes the regional areas, including North-East Asia and the Association of Southeast Asian Nations (ASEAN), which are engaged in the manufacturing of alloy wheels. The Distribution segment consists of regional areas, including North-East Asia, ASEAN, and Oceania regions, which are engaged in the distribution of automotive and industrial products. The rental segment consists of a Regional area that covers North East Asia which is engaged in rental activities.