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Cosmos Group Co (SZSE:002133) Gross Margin % : -0.90% (As of Sep. 2024)


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What is Cosmos Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cosmos Group Co's Gross Profit for the three months ended in Sep. 2024 was ¥-11 Mil. Cosmos Group Co's Revenue for the three months ended in Sep. 2024 was ¥1,197 Mil. Therefore, Cosmos Group Co's Gross Margin % for the quarter that ended in Sep. 2024 was -0.90%.

Warning Sign:

Cosmos Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -29.9%.


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

SZSE:002133' s Gross Margin % Range Over the Past 10 Years
Min: 4.51   Med: 18.58   Max: 39.76
Current: 4.51


During the past 13 years, the highest Gross Margin % of Cosmos Group Co was 39.76%. The lowest was 4.51%. And the median was 18.58%.

SZSE:002133's Gross Margin % is ranked worse than
93.48% of 1642 companies
in the Real Estate industry
Industry Median: 36.155 vs SZSE:002133: 4.51

Cosmos Group Co had a gross margin of -0.90% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cosmos Group Co was -29.90% per year.


Cosmos Group Co Gross Margin % Historical Data

The historical data trend for Cosmos Group 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.

Cosmos Group Co Gross Margin % Chart

Cosmos Group 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 29.49 15.27 9.66 6.95 8.62

Cosmos Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.06 6.59 6.06 5.34 -0.90

Competitive Comparison of Cosmos Group Co's Gross Margin %

For the Real Estate - Development subindustry, Cosmos Group 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.


Cosmos Group Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cosmos Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cosmos Group Co's Gross Margin % falls into.



Cosmos Group Co Gross Margin % Calculation

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

Cosmos Group 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 )
=796 / 9233.116
=(Revenue - Cost of Goods Sold) / Revenue
=(9233.116 - 8437.136) / 9233.116
=8.62 %

Cosmos Group Co'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 )
=-10.8 / 1196.876
=(Revenue - Cost of Goods Sold) / Revenue
=(1196.876 - 1207.674) / 1196.876
=-0.90 %

* 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.


Cosmos Group Co  (SZSE:002133) 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

Cosmos Group Co had a gross margin of -0.90% 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.


Cosmos Group Co Gross Margin % Related Terms

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Cosmos Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Pinghai Road, Hangzhou, Zhejiang, CHN, 310006
Cosmos Group Co Ltd is primarily engaged in real estate development and commercial residential building distribution in China. It develops and distributes small and middle residential properties. The company is also engaged in property management and leasing businesses.
Executives
Wang Yi Lei Director
Jiang Li Xiong Directors, executives
Chen Lian Yong Executives
Hu Jian Chao Executives
Hu Wei Hua Director
Liao Wei Hua Executives
Wang He Ming Director
Zhang Jin Tu Directors, executives
Jing Lin Bo Director
Cao Cheng Peng Securities Affairs Representative
Cheng Da Tao Directors, executives
Huang Ji Min Supervisors

Cosmos Group Co Headlines

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