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Jiangsu Yangnong Chemical Co Gross Margin %

: 24.58% (As of Jun. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Jiangsu Yangnong Chemical Co's Gross Profit for the three months ended in Jun. 2021 was CN¥731 Mil. Jiangsu Yangnong Chemical Co's Revenue for the three months ended in Jun. 2021 was CN¥2,975 Mil. Therefore, Jiangsu Yangnong Chemical Co's Gross Margin % for the quarter that ended in Jun. 2021 was 24.58%.


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

SHSE:600486' s Gross Margin % Range Over the Past 10 Years
Min: 16.46   Med: 26.31   Max: 28.81
Current: 24.54

16.46
28.81

During the past 13 years, the highest Gross Margin % of Jiangsu Yangnong Chemical Co was 28.81%. The lowest was 16.46%. And the median was 26.31%.

SHSE:600486's Gross Margin % is ranked lower than
99.99% of the 40 Companies
in the Agriculture industry.

( Industry Median: 46.59 vs. SHSE:600486: 24.54 )

Jiangsu Yangnong Chemical Co had a gross margin of 24.58% for the quarter that ended in Jun. 2021 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jiangsu Yangnong Chemical Co was 1.10% per year.


Jiangsu Yangnong Chemical Co Gross Margin % Historical Data

The historical data trend for Jiangsu Yangnong Chemical 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.

Jiangsu Yangnong Chemical Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.82 27.45 26.58 28.81 26.31

Jiangsu Yangnong Chemical Co Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 26.15 24.75 26.35 23.48 24.58

Competitive Comparison

For the Agricultural Inputs subindustry, Jiangsu Yangnong Chemical 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.

   

Jiangsu Yangnong Chemical Co Gross Margin % Distribution

For the Agriculture industry and Basic Materials sector, Jiangsu Yangnong Chemical Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Yangnong Chemical Co's Gross Margin % falls into.



Jiangsu Yangnong Chemical Co Gross Margin % Calculation

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

Jiangsu Yangnong Chemical Co's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=2586.7 / 9831.156
=(Revenue - Cost of Goods Sold) / Revenue
=(9831.156 - 7244.451) / 9831.156
=26.31 %

Jiangsu Yangnong Chemical Co's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=731.3 / 2974.75
=(Revenue - Cost of Goods Sold) / Revenue
=(2974.75 - 2243.428) / 2974.75
=24.58 %

* 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.


Jiangsu Yangnong Chemical Co  (SHSE:600486) 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

Jiangsu Yangnong Chemical Co had a gross margin of 24.58% for the quarter that ended in Jun. 2021 => 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.


Jiangsu Yangnong Chemical Co Gross Margin % Related Terms

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


Jiangsu Yangnong Chemical Co Business Description

Jiangsu Yangnong Chemical Co logo
Industry
Basic Materials » Agriculture NAICS : 325320 SIC : 2879
Traded in Other Exchanges
N/A
Address
No. 39 Wenfeng Road, Yangzhou, Jiangsu, CHN, 225009
Jiangsu Yangnong Chemical Co Ltd is an agrochemical producer in China. It is specialized in the production of pyrethroids, pesticides and fine chemicals. The product offerings of the company include Perfluthrin, Bioallethrin, Tefluthrin, and Tribenuron among others.

Jiangsu Yangnong Chemical Co Headlines

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