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Yankershop Food Co (SZSE:002847) Gross Margin % : 30.62% (As of Sep. 2024)


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What is Yankershop Food Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yankershop Food Co's Gross Profit for the three months ended in Sep. 2024 was ¥429 Mil. Yankershop Food Co's Revenue for the three months ended in Sep. 2024 was ¥1,402 Mil. Therefore, Yankershop Food Co's Gross Margin % for the quarter that ended in Sep. 2024 was 30.62%.

Warning Sign:

Yankershop Food Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


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

SZSE:002847' s Gross Margin % Range Over the Past 10 Years
Min: 31.66   Med: 42.58   Max: 49.19
Current: 31.66


During the past 12 years, the highest Gross Margin % of Yankershop Food Co was 49.19%. The lowest was 31.66%. And the median was 42.58%.

SZSE:002847's Gross Margin % is ranked better than
62.83% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs SZSE:002847: 31.66

Yankershop Food Co had a gross margin of 30.62% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yankershop Food Co was -4.50% per year.


Yankershop Food Co Gross Margin % Historical Data

The historical data trend for Yankershop 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.

Yankershop Food Co Gross Margin % Chart

Yankershop 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 42.87 43.83 35.71 34.72 33.54

Yankershop 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 32.94 31.06 32.10 32.96 30.62

Competitive Comparison of Yankershop Food Co's Gross Margin %

For the Packaged Foods subindustry, Yankershop 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.


Yankershop Food Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Yankershop Food Co Gross Margin % Calculation

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

Yankershop 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 )
=1380.2 / 4115.175
=(Revenue - Cost of Goods Sold) / Revenue
=(4115.175 - 2734.999) / 4115.175
=33.54 %

Yankershop 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 )
=429.2 / 1401.672
=(Revenue - Cost of Goods Sold) / Revenue
=(1401.672 - 972.51) / 1401.672
=30.62 %

* 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.


Yankershop Food Co  (SZSE:002847) 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

Yankershop Food Co had a gross margin of 30.62% 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.


Yankershop Food Co Gross Margin % Related Terms

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


Yankershop Food Co Business Description

Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Industrial Park, Hunan Province, Liuyang, CHN
Yankershop Food Co Ltd is a Chinese company engaged in research, production, processing and selling of food products. Its product portfolio includes preserved fruits, bean products, nut roasted seeds, meat products, fish products, vegetarian products, pastry products, and full mouth roasted seeds and nuts, among others.
Executives
Zhu Zheng Wang Secretary Dong
Yang Lin Guang Directors, executives
Lan Bo Directors, executives
Qiu Xiang Ping Executives
Zhang Xue Wu Directors, executives
Sun Lin Executives

Yankershop Food Co Headlines

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