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Cim Financial Services (XMAU:CIM.N0000) Gross Margin % : 77.03% (As of Dec. 2024)


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What is Cim Financial Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cim Financial Services's Gross Profit for the three months ended in Dec. 2024 was MUR768 Mil. Cim Financial Services's Revenue for the three months ended in Dec. 2024 was MUR997 Mil. Therefore, Cim Financial Services's Gross Margin % for the quarter that ended in Dec. 2024 was 77.03%.


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

XMAU:CIM.N0000' s Gross Margin % Range Over the Past 10 Years
Min: -2.76   Med: 55.93   Max: 66.18
Current: 60.68


During the past 13 years, the highest Gross Margin % of Cim Financial Services was 66.18%. The lowest was -2.76%. And the median was 55.93%.

XMAU:CIM.N0000's Gross Margin % is ranked better than
58.76% of 371 companies
in the Credit Services industry
Industry Median: 54.45 vs XMAU:CIM.N0000: 60.68

Cim Financial Services had a gross margin of 77.03% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cim Financial Services was 2.50% per year.


Cim Financial Services Gross Margin % Historical Data

The historical data trend for Cim Financial Services'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.

Cim Financial Services Gross Margin % Chart

Cim Financial Services Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.79 64.09 66.18 62.97 60.04

Cim Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 77.25 76.90 77.40 31.01 77.03

Competitive Comparison of Cim Financial Services's Gross Margin %

For the Credit Services subindustry, Cim Financial Services'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.


Cim Financial Services's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Cim Financial Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cim Financial Services's Gross Margin % falls into.


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Cim Financial Services Gross Margin % Calculation

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

Cim Financial Services's Gross Margin for the fiscal year that ended in Sep. 2024 is calculated as

Gross Margin % (A: Sep. 2024 )=Gross Profit (A: Sep. 2024 ) / Revenue (A: Sep. 2024 )
=2484.6 / 4138.4
=(Revenue - Cost of Goods Sold) / Revenue
=(4138.4 - 1653.8) / 4138.4
=60.04 %

Cim Financial Services's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=767.6 / 996.5
=(Revenue - Cost of Goods Sold) / Revenue
=(996.5 - 228.9) / 996.5
=77.03 %

* 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.


Cim Financial Services  (XMAU:CIM.N0000) 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

Cim Financial Services had a gross margin of 77.03% 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.


Cim Financial Services Gross Margin % Related Terms

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


Cim Financial Services Business Description

Traded in Other Exchanges
N/A
Address
Cnr Edith Cavell & Mere Barthelemy Streets, P.O. Box 297, Cim House, Port Louis, MUS, 11302
Cim Financial Services Ltd offers financial services in Mauritius. It offers services such as Consumer Finance, Cards & Payments, Leasing and Factoring among others. The company's operating segment includes Finance and Investments. It generates maximum revenue from the Finance segment which includes activities such as consumer credit, leasing, card acquiring and issuing, factoring, and foreign exchange dealing. Operates in Mauritius and Kenya and gained revenue from Mauritius.

Cim Financial Services Headlines

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