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Dickson Concepts (International) (Dickson Concepts (International)) Gross Margin % : 44.50% (As of Sep. 2023)


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What is Dickson Concepts (International) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dickson Concepts (International)'s Gross Profit for the six months ended in Sep. 2023 was $72.3 Mil. Dickson Concepts (International)'s Revenue for the six months ended in Sep. 2023 was $162.5 Mil. Therefore, Dickson Concepts (International)'s Gross Margin % for the quarter that ended in Sep. 2023 was 44.50%.


The historical rank and industry rank for Dickson Concepts (International)'s Gross Margin % or its related term are showing as below:

DCOHF' s Gross Margin % Range Over the Past 10 Years
Min: 41.95   Med: 47.69   Max: 51.15
Current: 45.4


During the past 13 years, the highest Gross Margin % of Dickson Concepts (International) was 51.15%. The lowest was 41.95%. And the median was 47.69%.

DCOHF's Gross Margin % is ranked better than
65.57% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs DCOHF: 45.40

Dickson Concepts (International) had a gross margin of 44.50% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dickson Concepts (International) was -0.40% per year.


Dickson Concepts (International) Gross Margin % Historical Data

The historical data trend for Dickson Concepts (International)'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.

Dickson Concepts (International) Gross Margin % Chart

Dickson Concepts (International) 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 49.79 41.95 42.89 46.88 46.75

Dickson Concepts (International) 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 45.13 48.58 47.11 46.42 44.50

Competitive Comparison of Dickson Concepts (International)'s Gross Margin %

For the Luxury Goods subindustry, Dickson Concepts (International)'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.


Dickson Concepts (International)'s Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dickson Concepts (International)'s Gross Margin % falls into.



Dickson Concepts (International) Gross Margin % Calculation

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

Dickson Concepts (International)'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 )
=126.9 / 271.483
=(Revenue - Cost of Goods Sold) / Revenue
=(271.483 - 144.569) / 271.483
=46.75 %

Dickson Concepts (International)'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 )
=72.3 / 162.531
=(Revenue - Cost of Goods Sold) / Revenue
=(162.531 - 90.2) / 162.531
=44.50 %

* 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.


Dickson Concepts (International)  (OTCPK:DCOHF) 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

Dickson Concepts (International) had a gross margin of 44.50% 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.


Dickson Concepts (International) Gross Margin % Related Terms

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Dickson Concepts (International) (Dickson Concepts (International)) Business Description

Traded in Other Exchanges
Address
98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has its presence in Hong Kong, Taiwan and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.

Dickson Concepts (International) (Dickson Concepts (International)) Headlines