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Mingchen Health Co (SZSE:002919) Gross Margin % : 56.30% (As of Mar. 2025)


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What is Mingchen Health Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mingchen Health Co's Gross Profit for the three months ended in Mar. 2025 was ¥203 Mil. Mingchen Health Co's Revenue for the three months ended in Mar. 2025 was ¥361 Mil. Therefore, Mingchen Health Co's Gross Margin % for the quarter that ended in Mar. 2025 was 56.30%.


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

SZSE:002919' s Gross Margin % Range Over the Past 10 Years
Min: 36.75   Med: 40.49   Max: 60.27
Current: 50.03


During the past 12 years, the highest Gross Margin % of Mingchen Health Co was 60.27%. The lowest was 36.75%. And the median was 40.49%.

SZSE:002919's Gross Margin % is ranked better than
84.35% of 1847 companies
in the Consumer Packaged Goods industry
Industry Median: 25.96 vs SZSE:002919: 50.03

Mingchen Health Co had a gross margin of 56.30% for the quarter that ended in Mar. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mingchen Health Co was 7.80% per year.


Mingchen Health Co Gross Margin % Historical Data

The historical data trend for Mingchen Health 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.

Mingchen Health Co Gross Margin % Chart

Mingchen Health 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 42.45 50.38 52.50 60.27 52.50

Mingchen Health 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 65.72 59.59 59.11 29.63 56.30

Competitive Comparison of Mingchen Health Co's Gross Margin %

For the Household & Personal Products subindustry, Mingchen Health 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.


Mingchen Health Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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


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Mingchen Health Co Gross Margin % Calculation

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

Mingchen Health 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 )
=724.6 / 1380.254
=(Revenue - Cost of Goods Sold) / Revenue
=(1380.254 - 655.622) / 1380.254
=52.50 %

Mingchen Health 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 )
=203.5 / 361.419
=(Revenue - Cost of Goods Sold) / Revenue
=(361.419 - 157.926) / 361.419
=56.30 %

* 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.


Mingchen Health Co  (SZSE:002919) 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

Mingchen Health Co had a gross margin of 56.30% for the quarter that ended in Mar. 2025 => Durable 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.


Mingchen Health Co Gross Margin % Related Terms

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


Mingchen Health Co Business Description

Traded in Other Exchanges
N/A
Address
Liannan Industrial Zone, Chenghai District, Guangdong Province, Shantou, CHN, 515834
Mingchen Health Co Ltd manufactures and markets personal healthcare products. It develops, produces, and sells skin and hair care products. The products of the company include Conditioners, Shampoos, Hand sanitizer, Bathing shower gels and Fragrance shower gel.
Executives
Peng Xiao Qing Directors, executives
Chen Dong Song Directors, Directors, and Executives
Lin Dian Xi Directors, executives
Yu Jian Ping Executives
Xu Shao Bi Director

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