SWIN (Solowin Holdings) Gross Margin % : 3.86% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Solowin Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Solowin Holdings's Gross Profit for the six months ended in Sep. 2024 was $0.04 Mil. Solowin Holdings's Revenue for the six months ended in Sep. 2024 was $1.09 Mil. Therefore, Solowin Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 3.86%.

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

SWIN' s Gross Margin % Range Over the Past 10 Years
Min: -103.18 Med: 49.6 Max: 70.9
Current: -103.18

During the past 4 years, the highest Gross Margin % of Solowin Holdings was 70.90%. The lowest was -103.18%. And the median was 49.60%.

SWIN's Gross Margin % is ranked worse than
96.36% of 604 companies
in the Capital Markets industry
Industry Median: 51.86 vs SWIN: -103.18

Solowin Holdings had a gross margin of 3.86% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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

Solowin Holdings Gross Margin % Historical Data

The historical data trend for Solowin 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.

* Premium members only.

Solowin Holdings Gross Margin % Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Gross Margin %

70.25

28.95

70.90

-17.08

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Gross Margin %	Get a 7-Day Free Trial			99.49	60.75	81.86	-172.56	3.86

Competitive Comparison of Solowin Holdings's Gross Margin %

For the Capital Markets subindustry, Solowin 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.

Solowin Holdings's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's Gross Margin % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Solowin Holdings Gross Margin % Calculation

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

Solowin 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 )
	=	-0.7	/	4.32
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4.32 - 5.058)	/	4.32
	=	-17.08 %

Solowin 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 )
	=	0	/	1.089
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.089 - 1.047)	/	1.089
	=	3.86 %

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.

Solowin Holdings (NAS:SWIN) 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

Solowin Holdings had a gross margin of 3.86% for the quarter that ended in Sep. 2024 => No sustainable 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.

Solowin Holdings Gross Margin % Related Terms

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

Solowin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings Ltd is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secured one-stop electronic platform. It is engaged in providing securities related services, investment advisory service, and asset management service to customers. The operations were organized into four reportable segments: securities related services, investment advisory services, corporate consultancy services, and asset management services. It derives maximum revenue from investment advisory services.