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Xinxiang Chemical Fibre Co (SZSE:000949) Gross Margin % : 8.45% (As of Mar. 2025)


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What is Xinxiang Chemical Fibre Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Xinxiang Chemical Fibre Co's Gross Profit for the three months ended in Mar. 2025 was ¥159 Mil. Xinxiang Chemical Fibre Co's Revenue for the three months ended in Mar. 2025 was ¥1,881 Mil. Therefore, Xinxiang Chemical Fibre Co's Gross Margin % for the quarter that ended in Mar. 2025 was 8.45%.

Warning Sign:

Xinxiang Chemical Fibre Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.3%.


The historical rank and industry rank for Xinxiang Chemical Fibre Co's Gross Margin % or its related term are showing as below:

SZSE:000949' s Gross Margin % Range Over the Past 10 Years
Min: 4.42   Med: 13.1   Max: 33.02
Current: 10.46


During the past 13 years, the highest Gross Margin % of Xinxiang Chemical Fibre Co was 33.02%. The lowest was 4.42%. And the median was 13.10%.

SZSE:000949's Gross Margin % is ranked worse than
79.47% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.005 vs SZSE:000949: 10.46

Xinxiang Chemical Fibre Co had a gross margin of 8.45% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Xinxiang Chemical Fibre Co was -16.30% per year.


Xinxiang Chemical Fibre Co Gross Margin % Historical Data

The historical data trend for Xinxiang Chemical Fibre 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.

Xinxiang Chemical Fibre Co Gross Margin % Chart

Xinxiang Chemical Fibre Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.87 33.02 4.42 7.73 11.05

Xinxiang Chemical Fibre Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.74 13.64 10.65 9.16 8.45

Competitive Comparison of Xinxiang Chemical Fibre Co's Gross Margin %

For the Textile Manufacturing subindustry, Xinxiang Chemical Fibre 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.


Xinxiang Chemical Fibre Co's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Xinxiang Chemical Fibre Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Xinxiang Chemical Fibre Co's Gross Margin % falls into.


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Xinxiang Chemical Fibre Co Gross Margin % Calculation

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

Xinxiang Chemical Fibre Co's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=814 / 7365.775
=(Revenue - Cost of Goods Sold) / Revenue
=(7365.775 - 6551.816) / 7365.775
=11.05 %

Xinxiang Chemical Fibre Co's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=158.9 / 1880.605
=(Revenue - Cost of Goods Sold) / Revenue
=(1880.605 - 1721.69) / 1880.605
=8.45 %

* 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.


Xinxiang Chemical Fibre Co  (SZSE:000949) 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

Xinxiang Chemical Fibre Co had a gross margin of 8.45% for the quarter that ended in Mar. 2025 => 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.


Xinxiang Chemical Fibre Co Gross Margin % Related Terms

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Xinxiang Chemical Fibre Co Business Description

Traded in Other Exchanges
N/A
Address
South side of Xinchang Road, Economic and Technological Development Zone, Henan, Xinxiang, CHN, 453006
Xinxiang Chemical Fibre Co Ltd is engaged in chemical fiber manufacturing. The company is mainly engaged in the production and sales of chemical fibers, and its main products include biomass cellulose filament and spandex fiber. Biomass cellulose filament is a regenerated fiber, which is made of cotton pulp, wood pulp meal, or other natural fibers as raw materials. Spandex is a polyurethane elastic fiber with excellent elasticity, corrosion resistance, heat resistance, and tear resistance. The company generates the majority of its revenue from the sale of spandex fiber.
Executives
Zhu Xue Xin Supervisors
Chen Xi An Executives
Lu Wei Executives
Zhang Jia Qi Directors, executives
Wang Wen Xin Director
Shao Zhang Jin Director
Ji Yu Dong Directors, executives
Feng Li Ping Executives
Yue Sheng Li Director
Zhou Xue Li Executives
Song De Shun Executives
Cao Jun You Executives
Xiao Shu Bin Director
Zhou Jian Hua Supervisors
Jia Bao Liang Directors, executives

Xinxiang Chemical Fibre Co Headlines

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