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Power Assets Holdings (HKSE:00006) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Power Assets Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Power Assets Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$630 Mil. Power Assets Holdings's Revenue for the six months ended in Dec. 2023 was HK$630 Mil. Therefore, Power Assets Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Power Assets Holdings was 99.94%. The lowest was 85.59%. And the median was 99.53%.

HKSE:00006's Gross Margin % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 34.68
* Ranked among companies with meaningful Gross Margin % only.

Power Assets Holdings had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Power Assets Holdings was 0.00% per year.


Power Assets Holdings Gross Margin % Historical Data

The historical data trend for Power Assets 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.

Power Assets Holdings Gross Margin % Chart

Power Assets Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Power Assets Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Power Assets Holdings's Gross Margin %

For the Utilities - Independent Power Producers subindustry, Power Assets 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.


Power Assets Holdings's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's Gross Margin % distribution charts can be found below:

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



Power Assets Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Power Assets 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 )
=1292 / 1292
=(Revenue - Cost of Goods Sold) / Revenue
=(1292 - 0) / 1292
=N/A %

Power Assets 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 )
=630 / 630
=(Revenue - Cost of Goods Sold) / Revenue
=(630 - 0) / 630
=N/A %

* 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.


Power Assets Holdings  (HKSE:00006) 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

Power Assets Holdings had a gross margin of N/A% for the quarter that ended in Dec. 2023 => 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.


Power Assets Holdings Gross Margin % Related Terms

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Power Assets Holdings (HKSE:00006) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

Power Assets Holdings (HKSE:00006) Headlines

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