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J. ESTINA Co (XKRX:026040) Gross Margin % : 65.58% (As of Sep. 2024)


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What is J. ESTINA Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. J. ESTINA Co's Gross Profit for the three months ended in Sep. 2024 was ₩11,729 Mil. J. ESTINA Co's Revenue for the three months ended in Sep. 2024 was ₩17,884 Mil. Therefore, J. ESTINA Co's Gross Margin % for the quarter that ended in Sep. 2024 was 65.58%.


The historical rank and industry rank for J. ESTINA Co's Gross Margin % or its related term are showing as below:

XKRX:026040' s Gross Margin % Range Over the Past 10 Years
Min: 55.66   Med: 66.18   Max: 69.1
Current: 64.72


During the past 13 years, the highest Gross Margin % of J. ESTINA Co was 69.10%. The lowest was 55.66%. And the median was 66.18%.

XKRX:026040's Gross Margin % is ranked better than
89.72% of 1099 companies
in the Retail - Cyclical industry
Industry Median: 36.93 vs XKRX:026040: 64.72

J. ESTINA Co had a gross margin of 65.58% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for J. ESTINA Co was 1.60% per year.


J. ESTINA Co Gross Margin % Historical Data

The historical data trend for J. ESTINA 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.

J. ESTINA Co Gross Margin % Chart

J. ESTINA 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 55.66 57.43 64.68 66.20 65.23

J. ESTINA 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 66.15 63.61 64.63 65.15 65.58

Competitive Comparison of J. ESTINA Co's Gross Margin %

For the Luxury Goods subindustry, J. ESTINA 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.


J. ESTINA Co's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, J. ESTINA Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where J. ESTINA Co's Gross Margin % falls into.



J. ESTINA Co Gross Margin % Calculation

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

J. ESTINA 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 )
=49160.4 / 75362.475
=(Revenue - Cost of Goods Sold) / Revenue
=(75362.475 - 26202.039) / 75362.475
=65.23 %

J. ESTINA 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 )
=11728.6 / 17884.075
=(Revenue - Cost of Goods Sold) / Revenue
=(17884.075 - 6155.436) / 17884.075
=65.58 %

* 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.


J. ESTINA Co  (XKRX:026040) 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

J. ESTINA Co had a gross margin of 65.58% for the quarter that ended in Sep. 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.


J. ESTINA Co Gross Margin % Related Terms

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J. ESTINA Co Business Description

Traded in Other Exchanges
N/A
Address
53, Yangjae-daero 62-gil, Songpa-gu, Seoul, KOR, 138-110
J. ESTINA Co Ltd is engaged in the provision of jewelry, watches, wallets, and handbags in South Korea. The company produces and sells men's and women's watches with classic and trendy series under the brand name of Romanson.

J. ESTINA Co Headlines

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