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Kehua Data Co (SZSE:002335) Gross Margin % : 32.26% (As of Mar. 2024)


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What is Kehua Data Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kehua Data Co's Gross Profit for the three months ended in Mar. 2024 was ¥382 Mil. Kehua Data Co's Revenue for the three months ended in Mar. 2024 was ¥1,184 Mil. Therefore, Kehua Data Co's Gross Margin % for the quarter that ended in Mar. 2024 was 32.26%.

Warning Sign:

Kehua Data Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

SZSE:002335' s Gross Margin % Range Over the Past 10 Years
Min: 27.34   Med: 31.43   Max: 36.9
Current: 27.64


During the past 13 years, the highest Gross Margin % of Kehua Data Co was 36.90%. The lowest was 27.34%. And the median was 31.43%.

SZSE:002335's Gross Margin % is ranked better than
53.6% of 2942 companies
in the Industrial Products industry
Industry Median: 26.47 vs SZSE:002335: 27.64

Kehua Data Co had a gross margin of 32.26% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kehua Data Co was -2.00% per year.


Kehua Data Co Gross Margin % Historical Data

The historical data trend for Kehua Data 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.

Kehua Data Co Gross Margin % Chart

Kehua Data 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 31.02 31.84 29.29 29.47 27.34

Kehua Data Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.72 28.95 28.56 23.87 32.26

Competitive Comparison of Kehua Data Co's Gross Margin %

For the Electrical Equipment & Parts subindustry, Kehua Data 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.


Kehua Data Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kehua Data Co's Gross Margin % distribution charts can be found below:

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



Kehua Data Co Gross Margin % Calculation

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

Kehua Data 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 )
=2226.1 / 8140.961
=(Revenue - Cost of Goods Sold) / Revenue
=(8140.961 - 5914.88) / 8140.961
=27.34 %

Kehua Data Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=381.9 / 1183.985
=(Revenue - Cost of Goods Sold) / Revenue
=(1183.985 - 802.087) / 1183.985
=32.26 %

* 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.


Kehua Data Co  (SZSE:002335) 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

Kehua Data Co had a gross margin of 32.26% for the quarter that ended in Mar. 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.


Kehua Data Co Gross Margin % Related Terms

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Kehua Data Co (SZSE:002335) Business Description

Traded in Other Exchanges
N/A
Address
No. 457, Malong Road, Torch Park, Torch High-tech Zone, Fujian, Xiamen, CHN, 361006
Kehua Data Co Ltd engages in the research, development, manufacture, and sale of renewable energy and data center products. Its product offerings include central inverters, inverter containers, and central distribution systems; energy storage systems and converters, and storage batteries; grid-tied PV and string inverters; solar controllers, off-grid inverters and chargers, single and three phase inverters and others.
Executives
Lin Qing Min Executives
Chen Si Xiong Directors, executives
Lai Yong Chun Supervisors
Chen Hao Directors, executives
Tang Shan Executives
Lin Tao Directors, executives
Cui Jian Executives
Lin Yi Directors, executives
Lu Ming Fu Supervisors
Deng Hong Fei Executives
Su Rui Yu Executives
Liang Shu Zhan Supervisors
Huang Qing Feng Executives
Wu Jian Wen Directors, Directors, and Executives
Wu Hong Li Executives

Kehua Data Co (SZSE:002335) Headlines

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