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Beach Hatchery (DHA:BEACHHATCH) Gross Margin %

: 62.10% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Beach Hatchery's Gross Profit for the three months ended in Dec. 2023 was BDT50.5 Mil. Beach Hatchery's Revenue for the three months ended in Dec. 2023 was BDT81.3 Mil. Therefore, Beach Hatchery's Gross Margin % for the quarter that ended in Dec. 2023 was 62.10%.


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

DHA:BEACHHATCH' s Gross Margin % Range Over the Past 10 Years
Min: -0.04   Med: 59.08   Max: 62.83
Current: 62.83


During the past 12 years, the highest Gross Margin % of Beach Hatchery was 62.83%. The lowest was -0.04%. And the median was 59.08%.

DHA:BEACHHATCH's Gross Margin % is ranked better than
91.36% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 24.96 vs DHA:BEACHHATCH: 62.83

Beach Hatchery had a gross margin of 62.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Beach Hatchery Gross Margin % Historical Data

The historical data trend for Beach Hatchery'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.

Beach Hatchery Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 58.31 60.10

Beach Hatchery Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 63.70 63.37 - 64.20 62.10

Competitive Comparison

For the Farm Products subindustry, Beach Hatchery'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.


Beach Hatchery Gross Margin % Distribution

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

* The bar in red indicates where Beach Hatchery's Gross Margin % falls into.



Beach Hatchery Gross Margin % Calculation

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

Beach Hatchery's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=71.2 / 118.507
=(Revenue - Cost of Goods Sold) / Revenue
=(118.507 - 47.287) / 118.507
=60.10 %

Beach Hatchery'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 )
=50.5 / 81.269
=(Revenue - Cost of Goods Sold) / Revenue
=(81.269 - 30.797) / 81.269
=62.10 %

* 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.


Beach Hatchery  (DHA:BEACHHATCH) 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

Beach Hatchery had a gross margin of 62.10% for the quarter that ended in Dec. 2023 => 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.


Beach Hatchery Gross Margin % Related Terms

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Beach Hatchery (DHA:BEACHHATCH) Business Description

Traded in Other Exchanges
N/A
Address
113, Kazi Nazrul lslam Avenue, Concord Tower, 9th floor, Bangla Motor, Dhaka, BGD, 1000
Beach Hatchery Ltd is engaged in the production of shrimp fry for selling it in local markets. The company has its factory located in Moheshkhalipara, Teknaf Sea beach, Teknaf, Cox's Bazar, Bangladesh. It produces shrimp fry in 6-7 cycles.

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