GURUFOCUS.COM » STOCK LIST » Technology » Software » CloudWalk Technology Co Ltd (SHSE:688327) » Definitions » Gross Margin %

CloudWalk Technology Co (SHSE:688327) Gross Margin % : 31.69% (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is CloudWalk Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CloudWalk Technology Co's Gross Profit for the three months ended in Sep. 2024 was ¥33.6 Mil. CloudWalk Technology Co's Revenue for the three months ended in Sep. 2024 was ¥106.0 Mil. Therefore, CloudWalk Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 31.69%.


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

SHSE:688327' s Gross Margin % Range Over the Past 10 Years
Min: 21.7   Med: 37.01   Max: 52.2
Current: 43.21


During the past 7 years, the highest Gross Margin % of CloudWalk Technology Co was 52.20%. The lowest was 21.70%. And the median was 37.01%.

SHSE:688327's Gross Margin % is ranked better than
51.8% of 2618 companies
in the Software industry
Industry Median: 41.435 vs SHSE:688327: 43.21

CloudWalk Technology Co had a gross margin of 31.69% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CloudWalk Technology Co was 11.10% per year.


CloudWalk Technology Co Gross Margin % Historical Data

The historical data trend for CloudWalk Technology 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.

CloudWalk Technology Co Gross Margin % Chart

CloudWalk Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 40.89 43.46 37.01 34.06 52.20

CloudWalk Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 65.67 40.28 58.05 61.98 31.69

Competitive Comparison of CloudWalk Technology Co's Gross Margin %

For the Software - Infrastructure subindustry, CloudWalk Technology 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.


CloudWalk Technology Co's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, CloudWalk Technology Co's Gross Margin % distribution charts can be found below:

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



CloudWalk Technology Co Gross Margin % Calculation

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

CloudWalk Technology 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 )
=327.9 / 628.122
=(Revenue - Cost of Goods Sold) / Revenue
=(628.122 - 300.255) / 628.122
=52.20 %

CloudWalk Technology Co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=33.6 / 105.99
=(Revenue - Cost of Goods Sold) / Revenue
=(105.99 - 72.401) / 105.99
=31.69 %

* 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.


CloudWalk Technology Co  (SHSE:688327) 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

CloudWalk Technology Co had a gross margin of 31.69% for the quarter that ended in Sep. 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.


CloudWalk Technology Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of CloudWalk Technology Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CloudWalk Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Room 501, No. 37, Jinlong Road, Nansha Street, Nansha District, Guangdong Province, Guangzhou, CHN, 201210
CloudWalk Technology Co Ltd is engaged in the provision of efficient human-machine collaborative operating systems and industry solutions. It is a man-machine coordination platform, that provides users with cross-scene, cross-industry and personalized AI services, in the hope of building a more harmonious and warmer intelligent future.

CloudWalk Technology Co Headlines

No Headlines