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Hebei Keli Automobile Equipment Co (SZSE:301552) Gross Margin % : 36.62% (As of Mar. 2025)


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What is Hebei Keli Automobile Equipment Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hebei Keli Automobile Equipment Co's Gross Profit for the three months ended in Mar. 2025 was ¥55.2 Mil. Hebei Keli Automobile Equipment Co's Revenue for the three months ended in Mar. 2025 was ¥150.8 Mil. Therefore, Hebei Keli Automobile Equipment Co's Gross Margin % for the quarter that ended in Mar. 2025 was 36.62%.

Warning Sign:

Hebei Keli Automobile Equipment Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


The historical rank and industry rank for Hebei Keli Automobile Equipment Co's Gross Margin % or its related term are showing as below:

SZSE:301552' s Gross Margin % Range Over the Past 10 Years
Min: 38.01   Med: 42.16   Max: 49.41
Current: 38.01


During the past 6 years, the highest Gross Margin % of Hebei Keli Automobile Equipment Co was 49.41%. The lowest was 38.01%. And the median was 42.16%.

SZSE:301552's Gross Margin % is ranked better than
85.58% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs SZSE:301552: 38.01

Hebei Keli Automobile Equipment Co had a gross margin of 36.62% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hebei Keli Automobile Equipment Co was -4.10% per year.


Hebei Keli Automobile Equipment Co Gross Margin % Historical Data

The historical data trend for Hebei Keli Automobile Equipment 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.

Hebei Keli Automobile Equipment Co Gross Margin % Chart

Hebei Keli Automobile Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 46.85 41.59 40.45 42.72 39.17

Hebei Keli Automobile Equipment Co Quarterly Data
Dec19 Dec20 Dec21 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 41.92 42.03 38.25 35.32 36.62

Competitive Comparison of Hebei Keli Automobile Equipment Co's Gross Margin %

For the Auto Parts subindustry, Hebei Keli Automobile Equipment 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.


Hebei Keli Automobile Equipment Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hebei Keli Automobile Equipment Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hebei Keli Automobile Equipment Co's Gross Margin % falls into.


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Hebei Keli Automobile Equipment Co Gross Margin % Calculation

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

Hebei Keli Automobile Equipment 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 )
=239.6 / 611.717
=(Revenue - Cost of Goods Sold) / Revenue
=(611.717 - 372.098) / 611.717
=39.17 %

Hebei Keli Automobile Equipment 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 )
=55.2 / 150.82
=(Revenue - Cost of Goods Sold) / Revenue
=(150.82 - 95.587) / 150.82
=36.62 %

* 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.


Hebei Keli Automobile Equipment Co  (SZSE:301552) 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

Hebei Keli Automobile Equipment Co had a gross margin of 36.62% 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.


Hebei Keli Automobile Equipment Co Gross Margin % Related Terms

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Hebei Keli Automobile Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Tianmahu Road, No. 12, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066000
Hebei Keli Automobile Equipment Co Ltd is engaged in research and development, production and sales of automotive glass assembly components. Its product include Windshield Glass Installation Components, Side Window Glass Lifter Components, Quarter Window Glass Assembly Components and Other Components. The company products are widely used in BMW, Mercedes-Benz, Audi, GM, Volkswagen, TOYOTA, HONDA, NISSAN, Mitsubishi Motors, Ford, Chrysler, Volvo, Hongqi, Geely, GWM, BYD, GAC, CHANGAN, Chery, Hyundai, Kia, Peugeot, Citroen and other traditional automotive brands, also in new energy vehicle brands like Tesla, NIO, Li Auto, XPENG, NETA, WELTMEISTER, LEAPMOTOR, etc.

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