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Zhejiang Natural Outdoor Goods (SHSE:605080) Gross Margin % : 38.83% (As of Mar. 2025)


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What is Zhejiang Natural Outdoor Goods Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Natural Outdoor Goods's Gross Profit for the three months ended in Mar. 2025 was ¥138.5 Mil. Zhejiang Natural Outdoor Goods's Revenue for the three months ended in Mar. 2025 was ¥356.6 Mil. Therefore, Zhejiang Natural Outdoor Goods's Gross Margin % for the quarter that ended in Mar. 2025 was 38.83%.

Warning Sign:

Zhejiang Natural Outdoor Goods Inc gross margin has been in long-term decline. The average rate of decline per year is -4%.


The historical rank and industry rank for Zhejiang Natural Outdoor Goods's Gross Margin % or its related term are showing as below:

SHSE:605080' s Gross Margin % Range Over the Past 10 Years
Min: 33.72   Med: 36.1   Max: 40.68
Current: 34.23


During the past 9 years, the highest Gross Margin % of Zhejiang Natural Outdoor Goods was 40.68%. The lowest was 33.72%. And the median was 36.10%.

SHSE:605080's Gross Margin % is ranked worse than
66.49% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.66 vs SHSE:605080: 34.23

Zhejiang Natural Outdoor Goods had a gross margin of 38.83% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Zhejiang Natural Outdoor Goods was -4.00% per year.


Zhejiang Natural Outdoor Goods Gross Margin % Historical Data

The historical data trend for Zhejiang Natural Outdoor Goods'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.

Zhejiang Natural Outdoor Goods Gross Margin % Chart

Zhejiang Natural Outdoor Goods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 40.68 38.76 36.61 33.84 33.72

Zhejiang Natural Outdoor Goods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 38.37 36.22 29.30 27.84 38.83

Competitive Comparison of Zhejiang Natural Outdoor Goods's Gross Margin %

For the Leisure subindustry, Zhejiang Natural Outdoor Goods'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.


Zhejiang Natural Outdoor Goods's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Natural Outdoor Goods's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Natural Outdoor Goods's Gross Margin % falls into.


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Zhejiang Natural Outdoor Goods Gross Margin % Calculation

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

Zhejiang Natural Outdoor Goods's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=338 / 1002.346
=(Revenue - Cost of Goods Sold) / Revenue
=(1002.346 - 664.335) / 1002.346
=33.72 %

Zhejiang Natural Outdoor Goods's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=138.5 / 356.631
=(Revenue - Cost of Goods Sold) / Revenue
=(356.631 - 218.137) / 356.631
=38.83 %

* 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.


Zhejiang Natural Outdoor Goods  (SHSE:605080) 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

Zhejiang Natural Outdoor Goods had a gross margin of 38.83% for the quarter that ended in Mar. 2025 => 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.


Zhejiang Natural Outdoor Goods Gross Margin % Related Terms

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Zhejiang Natural Outdoor Goods Business Description

Traded in Other Exchanges
N/A
Address
Xiacao Village, Pingqiao Town, Tiantai County, Zhejiang Province, Taizhou, CHN, 317203
Zhejiang Natural Outdoor Goods Inc is engaged in the research and development, design, production and sales of outdoor sports products such as inflatable mattresses, outdoor luggage, headrest cushions and others.

Zhejiang Natural Outdoor Goods Headlines

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