GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MOGU Inc (NYSE:MOGU) » Definitions » Gross Margin %

MOGU (MOGU) Gross Margin % : 40.46% (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is MOGU Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MOGU's Gross Profit for the six months ended in Sep. 2023 was $4.62 Mil. MOGU's Revenue for the six months ended in Sep. 2023 was $11.42 Mil. Therefore, MOGU's Gross Margin % for the quarter that ended in Sep. 2023 was 40.46%.

Warning Sign:

MOGU Inc gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


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

MOGU' s Gross Margin % Range Over the Past 10 Years
Min: 48.4   Med: 64.83   Max: 70.79
Current: 48.4


During the past 7 years, the highest Gross Margin % of MOGU was 70.79%. The lowest was 48.40%. And the median was 64.83%.

MOGU's Gross Margin % is ranked better than
70.75% of 1094 companies
in the Retail - Cyclical industry
Industry Median: 36.63 vs MOGU: 48.40

MOGU had a gross margin of 40.46% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MOGU was -6.40% per year.


MOGU Gross Margin % Historical Data

The historical data trend for MOGU'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.

MOGU Gross Margin % Chart

MOGU Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 70.79 64.83 62.04 52.71 50.93

MOGU Semi-Annual Data
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 49.77 55.67 48.07 53.73 40.46

Competitive Comparison of MOGU's Gross Margin %

For the Internet Retail subindustry, MOGU'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.


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

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

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



MOGU Gross Margin % Calculation

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

MOGU'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 )
=17.2 / 33.679
=(Revenue - Cost of Goods Sold) / Revenue
=(33.679 - 16.527) / 33.679
=50.93 %

MOGU'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 )
=4.6 / 11.415
=(Revenue - Cost of Goods Sold) / Revenue
=(11.415 - 6.797) / 11.415
=40.46 %

* 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.


MOGU  (NYSE:MOGU) 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

MOGU had a gross margin of 40.46% for the quarter that ended in Sep. 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.


MOGU Gross Margin % Related Terms

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


MOGU (MOGU) Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Xueyuan Road, Huanglong Wanke Center, 23/F, Building No. G, Xihu District, Hangzhou, CHN, 310012
MOGU Inc is an online fashion and lifestyle destination in China. The company's online platform includes Mogu.com, Mogujie.com, and Meilishuo.com. Its platform allows people to discover and share fashion trends while fully enjoying the shopping experience. The company on its platform provides content related to fashion and lifestyle guides in various multi-media formats which include Live Video Broadcasts, Short-form Videos, Photography, and Online Review Community. The company derives revenues from within China.