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CoCreation Grass Co (SHSE:605099) Gross Margin % : 32.55% (As of Mar. 2025)


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What is CoCreation Grass Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CoCreation Grass Co's Gross Profit for the three months ended in Mar. 2025 was ¥258 Mil. CoCreation Grass Co's Revenue for the three months ended in Mar. 2025 was ¥793 Mil. Therefore, CoCreation Grass Co's Gross Margin % for the quarter that ended in Mar. 2025 was 32.55%.

Warning Sign:

CoCreation Grass Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


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

SHSE:605099' s Gross Margin % Range Over the Past 10 Years
Min: 25.31   Med: 32.42   Max: 38.05
Current: 30.65


During the past 13 years, the highest Gross Margin % of CoCreation Grass Co was 38.05%. The lowest was 25.31%. And the median was 32.42%.

SHSE:605099's Gross Margin % is ranked worse than
71.84% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.66 vs SHSE:605099: 30.65

CoCreation Grass Co had a gross margin of 32.55% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CoCreation Grass Co was -4.40% per year.


CoCreation Grass Co Gross Margin % Historical Data

The historical data trend for CoCreation Grass 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.

CoCreation Grass Co Gross Margin % Chart

CoCreation Grass Co Annual Data
Trend Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.92 27.90 28.74 31.09 30.01

CoCreation Grass Co 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 30.08 31.64 28.62 29.50 32.55

Competitive Comparison of CoCreation Grass Co's Gross Margin %

For the Leisure subindustry, CoCreation Grass 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.


CoCreation Grass Co's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CoCreation Grass Co's Gross Margin % distribution charts can be found below:

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


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CoCreation Grass Co Gross Margin % Calculation

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

CoCreation Grass Co'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 )
=885.8 / 2951.837
=(Revenue - Cost of Goods Sold) / Revenue
=(2951.837 - 2066.038) / 2951.837
=30.01 %

CoCreation Grass Co'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 )
=258.2 / 793.123
=(Revenue - Cost of Goods Sold) / Revenue
=(793.123 - 534.972) / 793.123
=32.55 %

* 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.


CoCreation Grass Co  (SHSE:605099) 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

CoCreation Grass Co had a gross margin of 32.55% 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.


CoCreation Grass Co Gross Margin % Related Terms

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CoCreation Grass Co Business Description

Traded in Other Exchanges
N/A
Address
66 Guangzhou East Road, Economic Development Zone, Huaian District, Jiangsu Province, Huaian, CHN, 223001
CoCreation Grass Co Ltd is a manufacturer of artificial grass providing the artificial turf for both athletic and landscape purposes. The company's products include football turf, hockey turf, rugby turf, tennis turf, and multi-sport turf and landscape grass.
Executives
Han Zhi Cheng senior management
Li Lan Ying senior management
Xiao Hui Shu senior management
Chen Guo Qing senior management
Chen Jin Gui senior management
Zhao Chun Gui senior management
Jiang Shi Yi Directors, senior managers

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