GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Industrial Park Heshun Electric Co Ltd (SZSE:300141) » Definitions » Gross Margin %

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Gross Margin % : 25.45% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Suzhou Industrial Park Heshun Electric Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Suzhou Industrial Park Heshun Electric Co's Gross Profit for the three months ended in Mar. 2024 was ¥17.8 Mil. Suzhou Industrial Park Heshun Electric Co's Revenue for the three months ended in Mar. 2024 was ¥69.8 Mil. Therefore, Suzhou Industrial Park Heshun Electric Co's Gross Margin % for the quarter that ended in Mar. 2024 was 25.45%.


The historical rank and industry rank for Suzhou Industrial Park Heshun Electric Co's Gross Margin % or its related term are showing as below:

SZSE:300141' s Gross Margin % Range Over the Past 10 Years
Min: 9.64   Med: 24   Max: 32.49
Current: 24.49


During the past 13 years, the highest Gross Margin % of Suzhou Industrial Park Heshun Electric Co was 32.49%. The lowest was 9.64%. And the median was 24.00%.

SZSE:300141's Gross Margin % is ranked worse than
56.37% of 2934 companies
in the Industrial Products industry
Industry Median: 26.57 vs SZSE:300141: 24.49

Suzhou Industrial Park Heshun Electric Co had a gross margin of 25.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Suzhou Industrial Park Heshun Electric Co was 6.80% per year.


Suzhou Industrial Park Heshun Electric Co Gross Margin % Historical Data

The historical data trend for Suzhou Industrial Park Heshun Electric 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.

Suzhou Industrial Park Heshun Electric Co Gross Margin % Chart

Suzhou Industrial Park Heshun Electric 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 22.54 9.64 24.77 22.56 23.96

Suzhou Industrial Park Heshun Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.40 21.59 24.49 26.74 25.45

Competitive Comparison of Suzhou Industrial Park Heshun Electric Co's Gross Margin %

For the Electrical Equipment & Parts subindustry, Suzhou Industrial Park Heshun Electric 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.


Suzhou Industrial Park Heshun Electric Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Industrial Park Heshun Electric Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Suzhou Industrial Park Heshun Electric Co's Gross Margin % falls into.



Suzhou Industrial Park Heshun Electric Co Gross Margin % Calculation

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

Suzhou Industrial Park Heshun Electric 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 )
=81.1 / 338.383
=(Revenue - Cost of Goods Sold) / Revenue
=(338.383 - 257.3) / 338.383
=23.96 %

Suzhou Industrial Park Heshun Electric Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=17.8 / 69.802
=(Revenue - Cost of Goods Sold) / Revenue
=(69.802 - 52.034) / 69.802
=25.45 %

* 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.


Suzhou Industrial Park Heshun Electric Co  (SZSE:300141) 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

Suzhou Industrial Park Heshun Electric Co had a gross margin of 25.45% for the quarter that ended in Mar. 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.


Suzhou Industrial Park Heshun Electric Co Gross Margin % Related Terms

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


Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Heshun Road, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215122
Suzhou Industrial Park Heshun Electric Co Ltd is engaged in the manufacturing and sale of electrical equipments. The products of the company include high and low voltage equipment, high voltage capacitor, charging pile, power quality equipment, EPC engineering, and software platform.
Executives
Li Liang Ren Executives
Xu Shu Jie Directors, executives
Yao Jian Hua Director
Qin Yong Executives
Ren Yun Ya Executives
Xiao Min Director
Chu Cheng Secretary Dong
Wu Yong De Directors, executives
Xu Xiao Ming Securities Affairs Representative
Wu Xiang Xing Supervisors
Tang Yu Ming Executives
Chen Xiang Shu Executives
Du Jun Directors, executives

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Headlines

No Headlines