GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Huangshanghuang Group Food Co Ltd (SZSE:002695) » Definitions » Gross Margin %

Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Gross Margin % : 36.92% (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Jiangxi Huangshanghuang Group Food Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jiangxi Huangshanghuang Group Food Co's Gross Profit for the three months ended in Sep. 2024 was ¥145 Mil. Jiangxi Huangshanghuang Group Food Co's Revenue for the three months ended in Sep. 2024 was ¥392 Mil. Therefore, Jiangxi Huangshanghuang Group Food Co's Gross Margin % for the quarter that ended in Sep. 2024 was 36.92%.

Warning Sign:

Jiangxi Huangshanghuang Group Food Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.2%.


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

SZSE:002695' s Gross Margin % Range Over the Past 10 Years
Min: 28.16   Med: 33.12   Max: 37.8
Current: 33.08


During the past 13 years, the highest Gross Margin % of Jiangxi Huangshanghuang Group Food Co was 37.80%. The lowest was 28.16%. And the median was 33.12%.

SZSE:002695's Gross Margin % is ranked better than
65.18% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 25.73 vs SZSE:002695: 33.08

Jiangxi Huangshanghuang Group Food Co had a gross margin of 36.92% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jiangxi Huangshanghuang Group Food Co was -5.20% per year.


Jiangxi Huangshanghuang Group Food Co Gross Margin % Historical Data

The historical data trend for Jiangxi Huangshanghuang Group Food 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.

Jiangxi Huangshanghuang Group Food Co Gross Margin % Chart

Jiangxi Huangshanghuang Group Food 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 37.59 37.80 33.00 28.16 29.06

Jiangxi Huangshanghuang Group Food 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 31.30 30.69 35.60 30.02 36.92

Competitive Comparison of Jiangxi Huangshanghuang Group Food Co's Gross Margin %

For the Packaged Foods subindustry, Jiangxi Huangshanghuang Group Food 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.


Jiangxi Huangshanghuang Group Food Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Huangshanghuang Group Food Co's Gross Margin % distribution charts can be found below:

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



Jiangxi Huangshanghuang Group Food Co Gross Margin % Calculation

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

Jiangxi Huangshanghuang Group Food 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 )
=558 / 1920.549
=(Revenue - Cost of Goods Sold) / Revenue
=(1920.549 - 1362.503) / 1920.549
=29.06 %

Jiangxi Huangshanghuang Group Food 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 )
=144.7 / 392.001
=(Revenue - Cost of Goods Sold) / Revenue
=(392.001 - 247.271) / 392.001
=36.92 %

* 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.


Jiangxi Huangshanghuang Group Food Co  (SZSE:002695) 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

Jiangxi Huangshanghuang Group Food Co had a gross margin of 36.92% for the quarter that ended in Sep. 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.


Jiangxi Huangshanghuang Group Food Co Gross Margin % Related Terms

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


Jiangxi Huangshanghuang Group Food Co Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Xiaolanzhong Avenue, Xiaolan Economic Development Zone, Nanchang County, Jiangxi, Nanchang City, CHN, 330052
Jiangxi Huangshanghuang Group Food Co Ltd is a food processing enterprise mainly engaged in the processing of livestock and poultry meat products. It offers fresh, packaging, and halogen fresh products, as well as fermented vegetables. Geographically, the activities are carried out through China.
Executives
Ceng Xi Hua Directors, executives
Fan Xu Ming Directors, executives
Wan Ming Qi Securities Affairs Representative
Zhang Qi Wu Directors, executives
Liu Chun Hua Supervisors
Wang Jin Ben Independent director
Xu Gui Fen Director
Yu Fu Xin Independent director

Jiangxi Huangshanghuang Group Food Co Headlines

No Headlines