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Qingdao Choho Industry Co (SZSE:003033) Gross Margin % : 22.42% (As of Mar. 2025)


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What is Qingdao Choho Industry Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Qingdao Choho Industry Co's Gross Profit for the three months ended in Mar. 2025 was ¥89 Mil. Qingdao Choho Industry Co's Revenue for the three months ended in Mar. 2025 was ¥395 Mil. Therefore, Qingdao Choho Industry Co's Gross Margin % for the quarter that ended in Mar. 2025 was 22.42%.

Warning Sign:

Qingdao Choho Industry Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


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

SZSE:003033' s Gross Margin % Range Over the Past 10 Years
Min: 16.88   Med: 25.19   Max: 29.47
Current: 21.43


During the past 12 years, the highest Gross Margin % of Qingdao Choho Industry Co was 29.47%. The lowest was 16.88%. And the median was 25.19%.

SZSE:003033's Gross Margin % is ranked better than
56.16% of 1291 companies
in the Vehicles & Parts industry
Industry Median: 19.66 vs SZSE:003033: 21.43

Qingdao Choho Industry Co had a gross margin of 22.42% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Qingdao Choho Industry Co was -3.60% per year.


Qingdao Choho Industry Co Gross Margin % Historical Data

The historical data trend for Qingdao Choho Industry 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.

Qingdao Choho Industry Co Gross Margin % Chart

Qingdao Choho Industry 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 25.52 16.88 23.02 21.40 21.39

Qingdao Choho Industry 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 22.29 22.94 21.98 18.75 22.42

Competitive Comparison of Qingdao Choho Industry Co's Gross Margin %

For the Auto Parts subindustry, Qingdao Choho Industry 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.


Qingdao Choho Industry Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qingdao Choho Industry Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Qingdao Choho Industry Co's Gross Margin % falls into.


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Qingdao Choho Industry Co Gross Margin % Calculation

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

Qingdao Choho Industry 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 )
=392.5 / 1835.068
=(Revenue - Cost of Goods Sold) / Revenue
=(1835.068 - 1442.597) / 1835.068
=21.39 %

Qingdao Choho Industry 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 )
=88.6 / 395.092
=(Revenue - Cost of Goods Sold) / Revenue
=(395.092 - 306.531) / 395.092
=22.42 %

* 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.


Qingdao Choho Industry Co  (SZSE:003033) 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

Qingdao Choho Industry Co had a gross margin of 22.42% for the quarter that ended in Mar. 2025 => 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.


Qingdao Choho Industry Co Gross Margin % Related Terms

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Qingdao Choho Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Xiamen Road, Economic Development Zone, Shandong Province, Pingdu, Qingdao, CHN, 266700
Qingdao Choho Industry Co Ltd is engaged in the manufacturing and sales of various chain drive systems. It is in the fields of agricultural machinery chain system and industrial automation chain system. It has provided products and technical services to more than 50 companies including Honda, Suzuki, Yamaha, BMW, Grand Yangtze River, Piaggio, Geely, BYD, Jiangling Ford, Knorr-Bremse, and China North Industries group.
Executives
Chen Li Peng Directors, executives
Mou Jia Hai Directors, executives
Xiang Hua Director
Liu Yi Executives
Zheng Lin Kun Directors, executives
Xu Da Zhi Executives
Fang Xiang Supervisors

Qingdao Choho Industry Co Headlines

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