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Winall Hi-tech Seed Co (SZSE:300087) Gross Margin % : 14.08% (As of Sep. 2024)


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What is Winall Hi-tech Seed Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Winall Hi-tech Seed Co's Gross Profit for the three months ended in Sep. 2024 was ¥91 Mil. Winall Hi-tech Seed Co's Revenue for the three months ended in Sep. 2024 was ¥645 Mil. Therefore, Winall Hi-tech Seed Co's Gross Margin % for the quarter that ended in Sep. 2024 was 14.08%.

Warning Sign:

Winall Hi-tech Seed Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.4%.


The historical rank and industry rank for Winall Hi-tech Seed Co's Gross Margin % or its related term are showing as below:

SZSE:300087' s Gross Margin % Range Over the Past 10 Years
Min: 23.73   Med: 34.9   Max: 43.11
Current: 23.73


During the past 13 years, the highest Gross Margin % of Winall Hi-tech Seed Co was 43.11%. The lowest was 23.73%. And the median was 34.90%.

SZSE:300087's Gross Margin % is ranked worse than
54.18% of 1844 companies
in the Consumer Packaged Goods industry
Industry Median: 25.29 vs SZSE:300087: 23.73

Winall Hi-tech Seed Co had a gross margin of 14.08% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Winall Hi-tech Seed Co was -9.40% per year.


Winall Hi-tech Seed Co Gross Margin % Historical Data

The historical data trend for Winall Hi-tech Seed 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.

Winall Hi-tech Seed Co Gross Margin % Chart

Winall Hi-tech Seed 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 37.74 30.67 28.83 26.84 26.91

Winall Hi-tech Seed 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 17.50 29.57 19.74 15.62 14.08

Competitive Comparison of Winall Hi-tech Seed Co's Gross Margin %

For the Farm Products subindustry, Winall Hi-tech Seed 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.


Winall Hi-tech Seed Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Winall Hi-tech Seed Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Winall Hi-tech Seed Co's Gross Margin % falls into.



Winall Hi-tech Seed Co Gross Margin % Calculation

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

Winall Hi-tech Seed 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 )
=1104 / 4102.895
=(Revenue - Cost of Goods Sold) / Revenue
=(4102.895 - 2998.872) / 4102.895
=26.91 %

Winall Hi-tech Seed 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 )
=90.7 / 644.634
=(Revenue - Cost of Goods Sold) / Revenue
=(644.634 - 553.891) / 644.634
=14.08 %

* 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.


Winall Hi-tech Seed Co  (SZSE:300087) 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

Winall Hi-tech Seed Co had a gross margin of 14.08% for the quarter that ended in Sep. 2024 => No sustainable 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.


Winall Hi-tech Seed Co Gross Margin % Related Terms

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Winall Hi-tech Seed Co Business Description

Traded in Other Exchanges
N/A
Address
Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.
Executives
Zhang Qin Directors, executives
Jiang San Qiao Executives
Zhang Cong He Executives
Zhu Quan Gui Executives
Gao Sheng Cong Executives
Jia Gui Lan Director
Chen Jin Jie Director
Wang Jin Directors, executives
Feng Qi Supervisors
Xu Wen Jian Director
Gao Jian Director
Wang Qun Executives
Li Cheng Quan Director
Jiang Xiao Min Supervisors

Winall Hi-tech Seed Co Headlines

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