GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Cuckoo Holdings Co Ltd (XKRX:192400) » Definitions » Gross Margin %

Cuckoo Holdings Co (XKRX:192400) Gross Margin % : 38.79% (As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Cuckoo Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cuckoo Holdings Co's Gross Profit for the three months ended in Jun. 2024 was ₩71,199 Mil. Cuckoo Holdings Co's Revenue for the three months ended in Jun. 2024 was ₩183,543 Mil. Therefore, Cuckoo Holdings Co's Gross Margin % for the quarter that ended in Jun. 2024 was 38.79%.

Warning Sign:

Cuckoo Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

XKRX:192400' s Gross Margin % Range Over the Past 10 Years
Min: 36.61   Med: 40.2   Max: 43.62
Current: 38.02


During the past 11 years, the highest Gross Margin % of Cuckoo Holdings Co was 43.62%. The lowest was 36.61%. And the median was 40.20%.

XKRX:192400's Gross Margin % is ranked better than
73.06% of 412 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.865 vs XKRX:192400: 38.02

Cuckoo Holdings Co had a gross margin of 38.79% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cuckoo Holdings Co was -2.20% per year.


Cuckoo Holdings Co Gross Margin % Historical Data

The historical data trend for Cuckoo Holdings 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.

Cuckoo Holdings Co Gross Margin % Chart

Cuckoo Holdings 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 41.44 42.98 40.12 36.61 37.57

Cuckoo Holdings Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 37.09 38.47 37.75 37.21 38.79

Competitive Comparison of Cuckoo Holdings Co's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Cuckoo Holdings 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.


Cuckoo Holdings Co's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Cuckoo Holdings Co's Gross Margin % distribution charts can be found below:

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



Cuckoo Holdings Co Gross Margin % Calculation

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

Cuckoo Holdings 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 )
=290137.9 / 772261.87
=(Revenue - Cost of Goods Sold) / Revenue
=(772261.87 - 482123.968) / 772261.87
=37.57 %

Cuckoo Holdings Co's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=71198.6 / 183542.807
=(Revenue - Cost of Goods Sold) / Revenue
=(183542.807 - 112344.206) / 183542.807
=38.79 %

* 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.


Cuckoo Holdings Co  (XKRX:192400) 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

Cuckoo Holdings Co had a gross margin of 38.79% for the quarter that ended in Jun. 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.


Cuckoo Holdings Co Gross Margin % Related Terms

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


Cuckoo Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
14, Yusangongdan 2-gil, Gyeongsangnam-do, Yangsan-si, KOR, 626-210
Cuckoo Holdings Co Ltd is engaged in manufacturing and marketing home appliances. It offers non-pressure and pressure multi cookers; pressure, digital none pressure, and general/commercial rice cookers; fermenters, steam cookers, electric kettles, induction ranges, electric tea pots, electric grills, blenders, dish dryers, and accessories; water purifiers, humidifiers, air washers, and bidets; and electric fans and heaters. The company sells its product across Korean and international market.

Cuckoo Holdings Co Headlines

No Headlines