GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Prada SpA (HKSE:01913) » Definitions » Gross Margin %

Prada SpA (HKSE:01913) Gross Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Prada SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Prada SpA's Gross Profit for the three months ended in Dec. 2023 was HK$11,777 Mil. Prada SpA's Revenue for the three months ended in Dec. 2023 was HK$11,777 Mil. Therefore, Prada SpA'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 Prada SpA's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of Prada SpA was 80.44%. The lowest was 71.81%. And the median was 72.19%.

HKSE:01913's Gross Margin % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 36.63
* Ranked among companies with meaningful Gross Margin % only.

Prada SpA 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 Prada SpA was 2.60% per year.


Prada SpA Gross Margin % Historical Data

The historical data trend for Prada SpA'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.

Prada SpA Gross Margin % Chart

Prada SpA Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.91 71.96 75.69 78.85 80.44

Prada SpA Quarterly Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - - - - -

Competitive Comparison of Prada SpA's Gross Margin %

For the Luxury Goods subindustry, Prada SpA'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.


Prada SpA's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Prada SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Prada SpA's Gross Margin % falls into.



Prada SpA 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.)

Prada SpA'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 )
=32378.5 / 40253.353
=(Revenue - Cost of Goods Sold) / Revenue
=(40253.353 - 7874.868) / 40253.353
=80.44 %

Prada SpA'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 )
=11776.6 / 11776.608
=(Revenue - Cost of Goods Sold) / Revenue
=(11776.608 - 0) / 11776.608
=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.


Prada SpA  (HKSE:01913) 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

Prada SpA 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.


Prada SpA Gross Margin % Related Terms

Thank you for viewing the detailed overview of Prada SpA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Prada SpA (HKSE:01913) Business Description

Traded in Other Exchanges
Address
Via Antonio Fogazzaro, 28, Milan, ITA, 20135
Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates more than EUR 4.2 billion in sales, with almost 90% from the Prada brand. Leather goods make up 50% of retail sales, ready-to-wear 29%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 21% in the Americas, and 10% in Japan.

Prada SpA (HKSE:01913) Headlines

No Headlines