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Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Gross Margin % : 28.26% (As of Mar. 2024)


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What is Jiangsu Wuyang Automation Control Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jiangsu Wuyang Automation Control Technology Co's Gross Profit for the three months ended in Mar. 2024 was ¥63 Mil. Jiangsu Wuyang Automation Control Technology Co's Revenue for the three months ended in Mar. 2024 was ¥221 Mil. Therefore, Jiangsu Wuyang Automation Control Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 was 28.26%.

Warning Sign:

Jiangsu Wuyang Automation Control Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.2%.


The historical rank and industry rank for Jiangsu Wuyang Automation Control Technology Co's Gross Margin % or its related term are showing as below:

SZSE:300420' s Gross Margin % Range Over the Past 10 Years
Min: 16.71   Med: 34.65   Max: 42.74
Current: 27.95


During the past 13 years, the highest Gross Margin % of Jiangsu Wuyang Automation Control Technology Co was 42.74%. The lowest was 16.71%. And the median was 34.65%.

SZSE:300420's Gross Margin % is ranked better than
57.26% of 482 companies
in the Conglomerates industry
Industry Median: 24.765 vs SZSE:300420: 27.95

Jiangsu Wuyang Automation Control Technology Co had a gross margin of 28.26% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jiangsu Wuyang Automation Control Technology Co was -7.20% per year.


Jiangsu Wuyang Automation Control Technology Co Gross Margin % Historical Data

The historical data trend for Jiangsu Wuyang Automation Control Technology 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.

Jiangsu Wuyang Automation Control Technology Co Gross Margin % Chart

Jiangsu Wuyang Automation Control Technology 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 34.29 31.76 16.71 25.84 28.04

Jiangsu Wuyang Automation Control Technology 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 28.88 27.16 28.23 28.31 28.26

Competitive Comparison of Jiangsu Wuyang Automation Control Technology Co's Gross Margin %

For the Conglomerates subindustry, Jiangsu Wuyang Automation Control Technology 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.


Jiangsu Wuyang Automation Control Technology Co's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Wuyang Automation Control Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Wuyang Automation Control Technology Co's Gross Margin % falls into.



Jiangsu Wuyang Automation Control Technology Co Gross Margin % Calculation

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

Jiangsu Wuyang Automation Control Technology 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 )
=381.9 / 1361.892
=(Revenue - Cost of Goods Sold) / Revenue
=(1361.892 - 979.959) / 1361.892
=28.04 %

Jiangsu Wuyang Automation Control Technology 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 )
=62.6 / 221.494
=(Revenue - Cost of Goods Sold) / Revenue
=(221.494 - 158.902) / 221.494
=28.26 %

* 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.


Jiangsu Wuyang Automation Control Technology Co  (SZSE:300420) 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

Jiangsu Wuyang Automation Control Technology Co had a gross margin of 28.26% 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.


Jiangsu Wuyang Automation Control Technology Co Gross Margin % Related Terms

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Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Business Description

Traded in Other Exchanges
N/A
Address
East of Yinshan Road, Zhujiang North Road, Tongshan New District, Xuzhou, CHN, 221116
Jiangsu Wuyang Parking Industry Group Co Ltd is a conglomerate. Its main business covers intelligent garage, automated production line, three-dimensional storage, mine safety equipment, unmanned ships, financial services, six major sections, with Wuyang, Flextronics two brands, under the jurisdiction of Xuzhou, Shenzhen, Hefei and other bases. Based on industrial control technology, the company focuses on the Research and Development, design, production, and sales of automation equipment. It also has a smart garage business.
Executives
Hou You Fu Director
Zhang Ye Supervisors
Hu Yun Gao Directors, executives
Cai Min Director
Sun Jin Ming Directors, executives
Liu Long Bao Director
Tong Min Director
Zhang Li Yong Directors, executives
Wang Chong Gui Independent director
Du Jin Feng Director

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Headlines

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