GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (STU:CPM) » Definitions » Gross Margin %

China Merchants Port Holdings Co (STU:CPM) Gross Margin % : 48.01% (As of Jun. 2024)


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

What is China Merchants Port Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Merchants Port Holdings Co's Gross Profit for the six months ended in Jun. 2024 was €331 Mil. China Merchants Port Holdings Co's Revenue for the six months ended in Jun. 2024 was €689 Mil. Therefore, China Merchants Port Holdings Co's Gross Margin % for the quarter that ended in Jun. 2024 was 48.01%.


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

STU:CPM' s Gross Margin % Range Over the Past 10 Years
Min: 39.59   Med: 42.92   Max: 46.44
Current: 46.44


During the past 13 years, the highest Gross Margin % of China Merchants Port Holdings Co was 46.44%. The lowest was 39.59%. And the median was 42.92%.

STU:CPM's Gross Margin % is ranked better than
86.89% of 946 companies
in the Transportation industry
Industry Median: 19.835 vs STU:CPM: 46.44

China Merchants Port Holdings Co had a gross margin of 48.01% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Merchants Port Holdings Co was 1.30% per year.


China Merchants Port Holdings Co Gross Margin % Historical Data

The historical data trend for China Merchants Port Holdings 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.

China Merchants Port Holdings Co Gross Margin % Chart

China Merchants Port Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.76 41.86 45.21 44.38 44.90

China Merchants Port Holdings Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 47.76 40.75 44.96 44.83 48.01

Competitive Comparison of China Merchants Port Holdings Co's Gross Margin %

For the Marine Shipping subindustry, China Merchants Port Holdings 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.


China Merchants Port Holdings Co's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Merchants Port Holdings Co's Gross Margin % falls into.



China Merchants Port Holdings Co Gross Margin % Calculation

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

China Merchants Port Holdings 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 )
=605.3 / 1348.177
=(Revenue - Cost of Goods Sold) / Revenue
=(1348.177 - 742.895) / 1348.177
=44.90 %

China Merchants Port Holdings 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 )
=330.9 / 689.316
=(Revenue - Cost of Goods Sold) / Revenue
=(689.316 - 358.397) / 689.316
=48.01 %

* 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.


China Merchants Port Holdings Co  (STU:CPM) 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

China Merchants Port Holdings Co had a gross margin of 48.01% for the quarter that ended in Jun. 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.


China Merchants Port Holdings Co Gross Margin % Related Terms

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


China Merchants Port Holdings Co Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a company that operates ports. It has a port network that is geographically diversified and stretches along China's coastline, with a growing presence in overseas ports. The company's segments include port operations, covering container, bulk, and general cargo terminal operations managed by the Group, associates, and joint ventures. Bonded logistics operations involve logistic park management and port transportation. Other activities include property development and investment, logistics operations by associates, and property investments by the Group, all supported by integral corporate functions.

China Merchants Port Holdings Co Headlines

No Headlines