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Zaigle Co (XKRX:234920) Gross Margin % : 64.25% (As of Mar. 2024)


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What is Zaigle Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zaigle Co's Gross Profit for the three months ended in Mar. 2024 was ₩1,218 Mil. Zaigle Co's Revenue for the three months ended in Mar. 2024 was ₩1,895 Mil. Therefore, Zaigle Co's Gross Margin % for the quarter that ended in Mar. 2024 was 64.25%.


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

XKRX:234920' s Gross Margin % Range Over the Past 10 Years
Min: -46.91   Med: 60.79   Max: 73.94
Current: -30.2


During the past 9 years, the highest Gross Margin % of Zaigle Co was 73.94%. The lowest was -46.91%. And the median was 60.79%.

XKRX:234920's Gross Margin % is ranked worse than
98.73% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 25.21 vs XKRX:234920: -30.20

Zaigle Co had a gross margin of 64.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zaigle Co was 0.00% per year.


Zaigle Co Gross Margin % Historical Data

The historical data trend for Zaigle 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.

Zaigle Co Gross Margin % Chart

Zaigle Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 60.79 46.54 35.23 47.84 -46.91

Zaigle 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 51.53 -250.54 62.21 -103.14 64.25

Competitive Comparison of Zaigle Co's Gross Margin %

For the Household & Personal Products subindustry, Zaigle 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.


Zaigle Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zaigle Co's Gross Margin % distribution charts can be found below:

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



Zaigle Co Gross Margin % Calculation

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

Zaigle 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 )
=-1944.1 / 4144.292
=(Revenue - Cost of Goods Sold) / Revenue
=(4144.292 - 6088.356) / 4144.292
=-46.91 %

Zaigle 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 )
=1217.8 / 1895.329
=(Revenue - Cost of Goods Sold) / Revenue
=(1895.329 - 677.503) / 1895.329
=64.25 %

* 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.


Zaigle Co  (XKRX:234920) 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

Zaigle Co had a gross margin of 64.25% for the quarter that ended in Mar. 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.


Zaigle Co Gross Margin % Related Terms

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Zaigle Co (XKRX:234920) Business Description

Traded in Other Exchanges
N/A
Address
RM 1114.11th Floor, 217, Heojun-ro, Gangseo-gu, Seoul, KOR
Zaigle Co Ltd manufactures domestic appliances. Geographically the company operates through the region of Korea.

Zaigle Co (XKRX:234920) Headlines

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