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CK Hutchison Holdings (HKSE:00001) Gross Margin % : 51.16% (As of Dec. 2023)


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What is CK Hutchison Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CK Hutchison Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$72,742 Mil. CK Hutchison Holdings's Revenue for the six months ended in Dec. 2023 was HK$142,198 Mil. Therefore, CK Hutchison Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 51.16%.


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

HKSE:00001' s Gross Margin % Range Over the Past 10 Years
Min: 49.94   Med: 53.16   Max: 60.77
Current: 50.95


During the past 13 years, the highest Gross Margin % of CK Hutchison Holdings was 60.77%. The lowest was 49.94%. And the median was 53.16%.

HKSE:00001's Gross Margin % is ranked better than
84.79% of 480 companies
in the Conglomerates industry
Industry Median: 25.03 vs HKSE:00001: 50.95

CK Hutchison Holdings had a gross margin of 51.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CK Hutchison Holdings was -1.00% per year.


CK Hutchison Holdings Gross Margin % Historical Data

The historical data trend for CK Hutchison Holdings'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.

CK Hutchison Holdings Gross Margin % Chart

CK Hutchison Holdings 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 51.99 55.08 53.56 49.94 50.95

CK Hutchison Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 53.26 51.73 48.15 50.73 51.16

Competitive Comparison of CK Hutchison Holdings's Gross Margin %

For the Conglomerates subindustry, CK Hutchison Holdings'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.


CK Hutchison Holdings's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CK Hutchison Holdings's Gross Margin % falls into.



CK Hutchison Holdings Gross Margin % Calculation

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

CK Hutchison Holdings'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 )
=140401 / 275575
=(Revenue - Cost of Goods Sold) / Revenue
=(275575 - 135174) / 275575
=50.95 %

CK Hutchison Holdings'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 )
=72742 / 142198
=(Revenue - Cost of Goods Sold) / Revenue
=(142198 - 69456) / 142198
=51.16 %

* 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.


CK Hutchison Holdings  (HKSE:00001) 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

CK Hutchison Holdings had a gross margin of 51.16% 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.


CK Hutchison Holdings Gross Margin % Related Terms

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CK Hutchison Holdings (HKSE:00001) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.

CK Hutchison Holdings (HKSE:00001) Headlines

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