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Bluesword Intelligent Technology Co (SHSE:688557) Gross Margin % : 29.28% (As of Jun. 2024)


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What is Bluesword Intelligent Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bluesword Intelligent Technology Co's Gross Profit for the three months ended in Jun. 2024 was ¥131.6 Mil. Bluesword Intelligent Technology Co's Revenue for the three months ended in Jun. 2024 was ¥449.5 Mil. Therefore, Bluesword Intelligent Technology Co's Gross Margin % for the quarter that ended in Jun. 2024 was 29.28%.

Warning Sign:

Bluesword Intelligent Technology 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 Bluesword Intelligent Technology Co's Gross Margin % or its related term are showing as below:

SHSE:688557' s Gross Margin % Range Over the Past 10 Years
Min: 27.46   Med: 37.1   Max: 43.63
Current: 36.02


During the past 7 years, the highest Gross Margin % of Bluesword Intelligent Technology Co was 43.63%. The lowest was 27.46%. And the median was 37.10%.

SHSE:688557's Gross Margin % is ranked better than
73.42% of 2953 companies
in the Industrial Products industry
Industry Median: 26.71 vs SHSE:688557: 36.02

Bluesword Intelligent Technology Co had a gross margin of 29.28% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bluesword Intelligent Technology Co was -4.40% per year.


Bluesword Intelligent Technology Co Gross Margin % Historical Data

The historical data trend for Bluesword Intelligent 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.

Bluesword Intelligent Technology Co Gross Margin % Chart

Bluesword Intelligent Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 40.55 43.63 34.52 27.46 35.78

Bluesword Intelligent Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 32.64 36.14 46.76 37.42 29.28

Competitive Comparison of Bluesword Intelligent Technology Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Bluesword Intelligent 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.


Bluesword Intelligent Technology Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bluesword Intelligent Technology Co's Gross Margin % distribution charts can be found below:

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



Bluesword Intelligent Technology Co Gross Margin % Calculation

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

Bluesword Intelligent 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 )
=349.1 / 975.504
=(Revenue - Cost of Goods Sold) / Revenue
=(975.504 - 626.444) / 975.504
=35.78 %

Bluesword Intelligent Technology Co's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=131.6 / 449.509
=(Revenue - Cost of Goods Sold) / Revenue
=(449.509 - 317.909) / 449.509
=29.28 %

* 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.


Bluesword Intelligent Technology Co  (SHSE:688557) 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

Bluesword Intelligent Technology Co had a gross margin of 29.28% for the quarter that ended in Jun. 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.


Bluesword Intelligent Technology Co Gross Margin % Related Terms

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Bluesword Intelligent Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Long'ao North Road, 19th Floor, Building 1, Hisense Long'ao No. 909, High-tech Zone, Shandong Province, Jinan, CHN, 250101
Bluesword Intelligent Technology Co Ltd is primarily involved in the research and development, design, production, sales and service of intelligent warehouse logistics automation systems. The product portfolio includes Bin Elevator, Automatic Box opening machine, Light stacker, Smart shuttle, Pallet conveyor line, and other related products.
Executives
Dong Xin Jun senior management
Zhang Yi Gong Director, core technical staff
Zhang Xiao Yi Directors, senior managers, core technical personn
Shen Zhang Peng Core technical personnel
Xu Guang Yun Core technical personnel
Jiang Xia Directors, senior managers, core technical personn
Liu Peng Core technical personnel
Wu Yao Hua Director, core technical staff

Bluesword Intelligent Technology Co Headlines

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