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Productive Technologies Co (HKSE:00650) Gross Margin % : 16.28% (As of Sep. 2023)


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What is Productive Technologies Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Productive Technologies Co's Gross Profit for the six months ended in Sep. 2023 was HK$54.7 Mil. Productive Technologies Co's Revenue for the six months ended in Sep. 2023 was HK$336.3 Mil. Therefore, Productive Technologies Co's Gross Margin % for the quarter that ended in Sep. 2023 was 16.28%.

Warning Sign:

Productive Technologies Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -31.5%.


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

HKSE:00650' s Gross Margin % Range Over the Past 10 Years
Min: -4.04   Med: 29.76   Max: 43676.27
Current: 23.31


During the past 13 years, the highest Gross Margin % of Productive Technologies Co was 43676.27%. The lowest was -4.04%. And the median was 29.76%.

HKSE:00650's Gross Margin % is ranked worse than
60.6% of 972 companies
in the Semiconductors industry
Industry Median: 28.165 vs HKSE:00650: 23.31

Productive Technologies Co had a gross margin of 16.28% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Productive Technologies Co was -31.50% per year.


Productive Technologies Co Gross Margin % Historical Data

The historical data trend for Productive Technologies Co'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.

Productive Technologies Co Gross Margin % Chart

Productive Technologies Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.82 43,676.27 138.31 29.76 20.42

Productive Technologies Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 24.24 34.69 14.05 40.86 16.28

Competitive Comparison of Productive Technologies Co's Gross Margin %

For the Semiconductor Equipment & Materials subindustry, Productive Technologies Co'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.


Productive Technologies Co's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Productive Technologies Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Productive Technologies Co's Gross Margin % falls into.



Productive Technologies Co Gross Margin % Calculation

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

Productive Technologies Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=115.9 / 567.511
=(Revenue - Cost of Goods Sold) / Revenue
=(567.511 - 451.64) / 567.511
=20.42 %

Productive Technologies Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=54.7 / 336.257
=(Revenue - Cost of Goods Sold) / Revenue
=(336.257 - 281.523) / 336.257
=16.28 %

* 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.


Productive Technologies Co  (HKSE:00650) 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

Productive Technologies Co had a gross margin of 16.28% for the quarter that ended in Sep. 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.


Productive Technologies Co Gross Margin % Related Terms

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Productive Technologies Co (HKSE:00650) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Unit 5507, 55th Floor, The Center, Hong Kong, HKG
Productive Technologies Co Ltd is engaged in manufacturing of equipment applied in semiconductor and solar power businesses. It also operates a crude oil asset in China. It offers sustainable growth and supply chain re-optimization of the semiconductor and solar power market and engages in providing high-productivity solutions to industrial manufacturers. It has three segments Pan-semiconductor, Oil and gas and others and Mobility services businesses.

Productive Technologies Co (HKSE:00650) Headlines

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