SNI (Shenni Holdings) Gross Margin %: 51.45% (As of Sep. 2024)

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What is Shenni Holdings Gross Margin %?

Shenni Holdings SNI Gross Margin % is 51.45% as of Sep. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. Shenni Holdings's Gross Profit for the six months ended in Sep. 2024 was $5.75 Mil. Shenni Holdings's Revenue for the six months ended in Sep. 2024 was $11.18 Mil. Therefore, Shenni Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 51.45%.


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


SNI's Gross Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 52.115
* Ranked among companies with meaningful Gross Margin % only.

Shenni Holdings had a gross margin of 51.45% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shenni Holdings was 0.00% per year.


Shenni Holdings  (NAS:SNI) 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

Shenni Holdings had a gross margin of 51.45% for the quarter that ended in Sep. 2024 => Durable competitive advantage


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.


Shenni Holdings Gross Margin % Related Terms


Shenni Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shenni Holdings'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.

Shenni Holdings Gross Margin % Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Gross Margin %
61.46 48.68

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Gross Margin % 0.00 53.53 48.03 51.45

SNI vs : Gross Margin % Comparison

For the Medical Devices subindustry, Shenni Holdings'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.


Shenni Holdings Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenni Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shenni Holdings's Gross Margin % falls into.



Shenni Holdings Gross Margin % Calculation

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

Shenni Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=5.1 / 10.578
=(Revenue - Cost of Goods Sold) / Revenue
=(10.578 - 5.429) / 10.578
=48.68 %

Shenni Holdings'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 )
=5.8 / 11.176
=(Revenue - Cost of Goods Sold) / Revenue
=(11.176 - 5.426) / 11.176
=51.45 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 51.45% mean?
Shenni Holdings (SNI) has a Gross Margin % of 51.45% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Shenni Holdings and its competitors.
Is Shenni Holdings' Gross Margin % too high?
Shenni Holdings' current Gross Margin % is 51.45%. The Medical Devices & Instruments industry median Gross Margin % is 52.12. Shenni Holdings' value of 51.45% is 1.3% below this industry median.
How does Shenni Holdings' Gross Margin % compare to ?
Shenni Holdings' Gross Margin % of 51.45% can be compared against companies in the Medical Devices & Instruments industry. The industry median Gross Margin % is 52.12. Shenni Holdings' value of 51.45% is 1.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.12, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shenni Holdings's current Gross Margin % of 51.45% is 1.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Shenni Holdings and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenni Holdings's current Gross Margin % is 51.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Gross Margin % of 51.45%. The current Gross Margin % is 51.45% and 1.3% below the Medical Devices & Instruments industry median of 52.12. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Shenni Holdings (SNI), the current Gross Margin % is 51.45% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shenni Holdings Business Description

Comparable Companies
Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.