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Haga Industria E Comercio (BSP:HAGA3) Gross Margin % : 28.83% (As of Dec. 2023)


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What is Haga Industria E Comercio Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Haga Industria E Comercio's Gross Profit for the three months ended in Dec. 2023 was R$1.90 Mil. Haga Industria E Comercio's Revenue for the three months ended in Dec. 2023 was R$6.58 Mil. Therefore, Haga Industria E Comercio's Gross Margin % for the quarter that ended in Dec. 2023 was 28.83%.


The historical rank and industry rank for Haga Industria E Comercio's Gross Margin % or its related term are showing as below:

BSP:HAGA3' s Gross Margin % Range Over the Past 10 Years
Min: 19.09   Med: 28.5   Max: 41.03
Current: 25.19


During the past 13 years, the highest Gross Margin % of Haga Industria E Comercio was 41.03%. The lowest was 19.09%. And the median was 28.50%.

BSP:HAGA3's Gross Margin % is ranked better than
61.34% of 1609 companies
in the Construction industry
Industry Median: 19.08 vs BSP:HAGA3: 25.19

Haga Industria E Comercio had a gross margin of 28.83% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Haga Industria E Comercio was 4.70% per year.


Haga Industria E Comercio Gross Margin % Historical Data

The historical data trend for Haga Industria E Comercio'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.

Haga Industria E Comercio Gross Margin % Chart

Haga Industria E Comercio 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 21.78 28.14 28.86 23.18 25.19

Haga Industria E Comercio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.50 20.83 31.24 20.86 28.83

Competitive Comparison of Haga Industria E Comercio's Gross Margin %

For the Building Products & Equipment subindustry, Haga Industria E Comercio'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.


Haga Industria E Comercio's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Haga Industria E Comercio's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Haga Industria E Comercio's Gross Margin % falls into.



Haga Industria E Comercio Gross Margin % Calculation

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

Haga Industria E Comercio'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 )
=7.2 / 28.764
=(Revenue - Cost of Goods Sold) / Revenue
=(28.764 - 21.518) / 28.764
=25.19 %

Haga Industria E Comercio's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.9 / 6.579
=(Revenue - Cost of Goods Sold) / Revenue
=(6.579 - 4.682) / 6.579
=28.83 %

* 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.


Haga Industria E Comercio  (BSP:HAGA3) 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

Haga Industria E Comercio had a gross margin of 28.83% for the quarter that ended in Dec. 2023 => 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.


Haga Industria E Comercio Gross Margin % Related Terms

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


Haga Industria E Comercio (BSP:HAGA3) Business Description

Traded in Other Exchanges
Address
Av Engenheiro Hans Gaiser 26 - Prédio, Nova Friburgo, RJ, BRA, 28625220
Haga SA Industria E Comercio is engaged in manufacturing, trading and export of iron and other metal products, among others. Its products include locks and other products generally used in doors. Its objective is to manufacture, trade and export of iron artifacts, metals.

Haga Industria E Comercio (BSP:HAGA3) Headlines

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