GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coolpad Group Ltd (OTCPK:CHWTF) » Definitions » Gross Margin %
中文

Coolpad Group (Coolpad Group) Gross Margin % : 39.51% (As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Coolpad Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coolpad Group's Gross Profit for the six months ended in Jun. 2023 was $8.65 Mil. Coolpad Group's Revenue for the six months ended in Jun. 2023 was $21.90 Mil. Therefore, Coolpad Group's Gross Margin % for the quarter that ended in Jun. 2023 was 39.51%.


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

CHWTF' s Gross Margin % Range Over the Past 10 Years
Min: -69.52   Med: 8.15   Max: 23.24
Current: -6.62


During the past 13 years, the highest Gross Margin % of Coolpad Group was 23.24%. The lowest was -69.52%. And the median was 8.15%.

CHWTF's Gross Margin % is ranked worse than
97.79% of 2438 companies
in the Hardware industry
Industry Median: 24.5 vs CHWTF: -6.62

Coolpad Group had a gross margin of 39.51% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Coolpad Group was 0.00% per year.


Coolpad Group Gross Margin % Historical Data

The historical data trend for Coolpad Group'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.

Coolpad Group Gross Margin % Chart

Coolpad Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.63 23.24 15.04 5.46 -69.52

Coolpad Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -4.52 14.71 -43.27 -124.39 39.51

Competitive Comparison of Coolpad Group's Gross Margin %

For the Consumer Electronics subindustry, Coolpad Group'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.


Coolpad Group's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Coolpad Group's Gross Margin % distribution charts can be found below:

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



Coolpad Group Gross Margin % Calculation

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

Coolpad Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-18.5 / 26.67
=(Revenue - Cost of Goods Sold) / Revenue
=(26.67 - 45.211) / 26.67
=-69.52 %

Coolpad Group's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=8.7 / 21.898
=(Revenue - Cost of Goods Sold) / Revenue
=(21.898 - 13.247) / 21.898
=39.51 %

* 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.


Coolpad Group  (OTCPK:CHWTF) 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

Coolpad Group had a gross margin of 39.51% for the quarter that ended in Jun. 2023 => Competition eroding margins


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.


Coolpad Group Gross Margin % Related Terms

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


Coolpad Group (Coolpad Group) Business Description

Traded in Other Exchanges
Address
Coolpad Information Harbor, No. 8 of Gaoxin North 1st Road, Hi-Tech Industry Park (Northern), Nanshan District, Shenzhen, CHN, 518057
Coolpad Group Ltd is an investment holding company that develops and provides integrated solutions for smartphone sets, mobile data platform systems, and value-added businesses in Mainland China and internationally. It operates in two segments: Mobile Phone; and Property Investment. The Mobile Phone segment which derives the majority of revenue engages in the research, development, production, and sale of mobile phones and related accessories and the provision of wireless application service, and the property investment segment invests in properties for rental income potential and for capital appreciation. It generates a majority of its revenue from Mainland China.

Coolpad Group (Coolpad Group) Headlines

No Headlines