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Suzhou Everbright Photonics Co (SHSE:688048) Gross Margin % : 25.96% (As of Mar. 2024)


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What is Suzhou Everbright Photonics Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Suzhou Everbright Photonics Co's Gross Profit for the three months ended in Mar. 2024 was ¥13.6 Mil. Suzhou Everbright Photonics Co's Revenue for the three months ended in Mar. 2024 was ¥52.5 Mil. Therefore, Suzhou Everbright Photonics Co's Gross Margin % for the quarter that ended in Mar. 2024 was 25.96%.


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

SHSE:688048' s Gross Margin % Range Over the Past 10 Years
Min: 30.97   Med: 34.79   Max: 52.82
Current: 34.25


During the past 6 years, the highest Gross Margin % of Suzhou Everbright Photonics Co was 52.82%. The lowest was 30.97%. And the median was 34.79%.

SHSE:688048's Gross Margin % is ranked better than
60.1% of 975 companies
in the Semiconductors industry
Industry Median: 28.8 vs SHSE:688048: 34.25

Suzhou Everbright Photonics Co had a gross margin of 25.96% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Suzhou Everbright Photonics Co was 5.90% per year.


Suzhou Everbright Photonics Co Gross Margin % Historical Data

The historical data trend for Suzhou Everbright Photonics 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.

Suzhou Everbright Photonics Co Gross Margin % Chart

Suzhou Everbright Photonics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 36.03 31.35 52.82 51.57 33.54

Suzhou Everbright Photonics Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 27.16 38.71 40.56 30.26 25.96

Competitive Comparison of Suzhou Everbright Photonics Co's Gross Margin %

For the Semiconductor Equipment & Materials subindustry, Suzhou Everbright Photonics 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.


Suzhou Everbright Photonics Co's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Everbright Photonics Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Suzhou Everbright Photonics Co's Gross Margin % falls into.



Suzhou Everbright Photonics Co Gross Margin % Calculation

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

Suzhou Everbright Photonics Co'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 )
=97.3 / 290.21
=(Revenue - Cost of Goods Sold) / Revenue
=(290.21 - 192.866) / 290.21
=33.54 %

Suzhou Everbright Photonics Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=13.6 / 52.487
=(Revenue - Cost of Goods Sold) / Revenue
=(52.487 - 38.863) / 52.487
=25.96 %

* 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.


Suzhou Everbright Photonics Co  (SHSE:688048) 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

Suzhou Everbright Photonics Co had a gross margin of 25.96% for the quarter that ended in Mar. 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.


Suzhou Everbright Photonics Co Gross Margin % Related Terms

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Suzhou Everbright Photonics Co (SHSE:688048) Business Description

Traded in Other Exchanges
N/A
Address
No. 189 Kunlunshan Road, Suzhou High-tech Zone, No. 2 Factory-1-102, No. 2 Factory-2-203, Zone A, Industrial Square, Science and Technology City, Suzhou, CHN, 215163
Suzhou Everbright Photonics Co Ltd is engaged in the research and development, manufacturing and sales of core components in the laser industry such as semiconductor laser chips, devices and modules.

Suzhou Everbright Photonics Co (SHSE:688048) Headlines

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