Zapf Creation AG (HAM:ZPF) Gross Margin %

Zapf Creation AG Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Gross Margin %							47.75	45.37	49.70	45.42	37.52

Zapf Creation AG Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Gross Margin %																47.75	45.37	49.70	45.42	37.52

For the Leisure subindustry, Zapf Creation AG'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.

For the Travel & Leisure industry and Consumer Cyclical sector, Zapf Creation AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zapf Creation AG's Gross Margin % falls into.

Zapf Creation AG Gross Margin % Calculation

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

Zapf Creation AG's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Zapf Creation AG's Gross Margin for the quarter that ended in Dec. 2022 is calculated as

* 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.

Zapf Creation AG  (HAM:ZPF) 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

Zapf Creation AG had a gross margin of 37.52% for the quarter that ended in Dec. 2022 => 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.

Zapf Creation AG Gross Margin % Related Terms

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Zapf Creation AG (HAM:ZPF) Business Description