TPE:1736's Gross Margin % is ranked better than 59.53% of 766
companies
in the Travel & Leisure industry
Industry Median: 43.515
vs TPE:1736: 50.81
Johnson Health Tech Co had a gross margin of 50.62% for the quarter that ended in Dec. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Johnson Health Tech Co was 0.50% per year.
Johnson Health Tech Co Gross Margin % Historical Data
The historical data trend for Johnson Health Tech 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.
Competitive Comparison of Johnson Health Tech Co's Gross Margin %
For the Leisure subindustry, Johnson Health Tech 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.
Johnson Health Tech Co's Gross Margin % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Health Tech Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Johnson Health Tech Co's Gross Margin % falls into.
* 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.
Johnson Health Tech Co (TPE:1736) 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
Johnson Health Tech Co had a gross margin of 50.62% for the quarter that ended in Dec. 2024 => Durable 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.
Johnson Health Tech Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Johnson Health Tech Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Johnson Health Tech Co Ltd is a producer of fitness equipment. The company operates several brands including Matrix, Vision Fitness, Horizon Fitness, Treo Fitness, and Tempo Fitness. Johnson Health Tech produces equipment for both home and commercial gyms. The firm has four reporting segments which include American, European, Asian, and other. The majority of the revenue derives from the American segment which is In charge of selling cardiovascular equipment and research and development of training equipment in America.
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