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Hanoi Beer Alcohol and Beverage JSC (STC:BHN) Gross Margin % : 27.91% (As of Jun. 2024)


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What is Hanoi Beer Alcohol and Beverage JSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hanoi Beer Alcohol and Beverage JSC's Gross Profit for the three months ended in Jun. 2024 was ₫643,480 Mil. Hanoi Beer Alcohol and Beverage JSC's Revenue for the three months ended in Jun. 2024 was ₫2,305,566 Mil. Therefore, Hanoi Beer Alcohol and Beverage JSC's Gross Margin % for the quarter that ended in Jun. 2024 was 27.91%.


The historical rank and industry rank for Hanoi Beer Alcohol and Beverage JSC's Gross Margin % or its related term are showing as below:

STC:BHN' s Gross Margin % Range Over the Past 10 Years
Min: 24.4   Med: 26.19   Max: 27.57
Current: 25.23


During the past 7 years, the highest Gross Margin % of Hanoi Beer Alcohol and Beverage JSC was 27.57%. The lowest was 24.40%. And the median was 26.19%.

STC:BHN's Gross Margin % is ranked worse than
78.47% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 39.81 vs STC:BHN: 25.23

Hanoi Beer Alcohol and Beverage JSC had a gross margin of 27.91% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hanoi Beer Alcohol and Beverage JSC was 0.20% per year.


Hanoi Beer Alcohol and Beverage JSC Gross Margin % Historical Data

The historical data trend for Hanoi Beer Alcohol and Beverage JSC'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.

Hanoi Beer Alcohol and Beverage JSC Gross Margin % Chart

Hanoi Beer Alcohol and Beverage JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 26.32 26.56 24.40 27.57 24.69

Hanoi Beer Alcohol and Beverage JSC 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 25.54 26.09 24.43 20.40 27.91

Competitive Comparison of Hanoi Beer Alcohol and Beverage JSC's Gross Margin %

For the Beverages - Brewers subindustry, Hanoi Beer Alcohol and Beverage JSC'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.


Hanoi Beer Alcohol and Beverage JSC's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hanoi Beer Alcohol and Beverage JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hanoi Beer Alcohol and Beverage JSC's Gross Margin % falls into.



Hanoi Beer Alcohol and Beverage JSC Gross Margin % Calculation

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

Hanoi Beer Alcohol and Beverage JSC'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 )
=1914563.7 / 7754352.899
=(Revenue - Cost of Goods Sold) / Revenue
=(7754352.899 - 5839789.214) / 7754352.899
=24.69 %

Hanoi Beer Alcohol and Beverage JSC'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 )
=643480.3 / 2305566.276
=(Revenue - Cost of Goods Sold) / Revenue
=(2305566.276 - 1662085.996) / 2305566.276
=27.91 %

* 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.


Hanoi Beer Alcohol and Beverage JSC  (STC:BHN) 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

Hanoi Beer Alcohol and Beverage JSC had a gross margin of 27.91% 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.


Hanoi Beer Alcohol and Beverage JSC Gross Margin % Related Terms

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Hanoi Beer Alcohol and Beverage JSC Business Description

Traded in Other Exchanges
N/A
Address
183 Hoang Hoa Tham Street, Ba Dinh District, Hanoi, VNM
Hanoi Beer Alcohol and Beverage JSC operate in the beverage industry. It produces beers, wines, and beverages. Its product lines include draft beer Hanoi, bia ion Hanoi, bia truc Bach, Hanoi beer premium. Company's products distributed in the domestic market and foreign markets such as Taiwan and Korea.

Hanoi Beer Alcohol and Beverage JSC Headlines

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