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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Gross Margin % : 11.80% (As of Mar. 2024)


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What is ZEEKR Intelligent Technology Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ZEEKR Intelligent Technology Holding's Gross Profit for the three months ended in Mar. 2024 was $242 Mil. ZEEKR Intelligent Technology Holding's Revenue for the three months ended in Mar. 2024 was $2,046 Mil. Therefore, ZEEKR Intelligent Technology Holding's Gross Margin % for the quarter that ended in Mar. 2024 was 11.80%.


The historical rank and industry rank for ZEEKR Intelligent Technology Holding's Gross Margin % or its related term are showing as below:

ZK' s Gross Margin % Range Over the Past 10 Years
Min: 7.75   Med: 14.58   Max: 26.69
Current: 12.01


During the past 4 years, the highest Gross Margin % of ZEEKR Intelligent Technology Holding was 26.69%. The lowest was 7.75%. And the median was 14.58%.

ZK's Gross Margin % is ranked worse than
77.22% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 19.79 vs ZK: 12.01

ZEEKR Intelligent Technology Holding had a gross margin of 11.80% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ZEEKR Intelligent Technology Holding was 0.00% per year.


ZEEKR Intelligent Technology Holding Gross Margin % Historical Data

The historical data trend for ZEEKR Intelligent Technology Holding'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.

ZEEKR Intelligent Technology Holding Gross Margin % Chart

ZEEKR Intelligent Technology Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
26.69 15.90 7.75 13.26

ZEEKR Intelligent Technology Holding Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.83 7.92 12.26 - 11.80

Competitive Comparison of ZEEKR Intelligent Technology Holding's Gross Margin %

For the Auto Manufacturers subindustry, ZEEKR Intelligent Technology Holding'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.


ZEEKR Intelligent Technology Holding's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZEEKR Intelligent Technology Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ZEEKR Intelligent Technology Holding's Gross Margin % falls into.



ZEEKR Intelligent Technology Holding Gross Margin % Calculation

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

ZEEKR Intelligent Technology Holding'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 )
=959.4 / 7236.859
=(Revenue - Cost of Goods Sold) / Revenue
=(7236.859 - 6277.428) / 7236.859
=13.26 %

ZEEKR Intelligent Technology Holding'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 )
=241.5 / 2046.345
=(Revenue - Cost of Goods Sold) / Revenue
=(2046.345 - 1804.819) / 2046.345
=11.80 %

* 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.


ZEEKR Intelligent Technology Holding  (NYSE:ZK) 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

ZEEKR Intelligent Technology Holding had a gross margin of 11.80% for the quarter that ended in Mar. 2024 => No sustainable 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.


ZEEKR Intelligent Technology Holding Gross Margin % Related Terms

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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1388 Minshan Road, Xinqi Street, Beilun District, Zhejiang, Ningbo, CHN
ZEEKR Intelligent Technology Holding Ltd is a fast-growing BEV technology company. By developing and offering next-generation premium BEVs and technology-driven solutions, It aspires to lead the automobile industry's electrification, intelligentization and innovation. Since its inception, It has focused on innovation in BEV architecture, hardware, software, and application of new technologies. It is principally engaged in the commercialization and sales of electric vehicles and batteries, and the provision of automotive-related research and development services.

ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Headlines