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Dima Holdings Co (SHSE:600565) Gross Margin % : 11.54% (As of Sep. 2023)


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What is Dima Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dima Holdings Co's Gross Profit for the three months ended in Sep. 2023 was ¥501 Mil. Dima Holdings Co's Revenue for the three months ended in Sep. 2023 was ¥4,341 Mil. Therefore, Dima Holdings Co's Gross Margin % for the quarter that ended in Sep. 2023 was 11.54%.

Warning Sign:

Dima Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


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

SHSE:600565' s Gross Margin % Range Over the Past 10 Years
Min: 16.28   Med: 25.62   Max: 29.92
Current: 16.71


During the past 13 years, the highest Gross Margin % of Dima Holdings Co was 29.92%. The lowest was 16.28%. And the median was 25.62%.

SHSE:600565's Gross Margin % is ranked worse than
59.12% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs SHSE:600565: 16.71

Dima Holdings Co had a gross margin of 11.54% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dima Holdings Co was -7.40% per year.


Dima Holdings Co Gross Margin % Historical Data

The historical data trend for Dima Holdings 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.

Dima Holdings Co Gross Margin % Chart

Dima Holdings Co 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 29.92 28.65 20.39 16.28 22.68

Dima Holdings Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 18.87 23.12 18.00 15.61 11.54

Competitive Comparison of Dima Holdings Co's Gross Margin %

For the Auto Manufacturers subindustry, Dima Holdings 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.


Dima Holdings Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dima Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dima Holdings Co's Gross Margin % falls into.



Dima Holdings Co Gross Margin % Calculation

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

Dima Holdings Co'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 )
=5169.4 / 22789.188
=(Revenue - Cost of Goods Sold) / Revenue
=(22789.188 - 17619.758) / 22789.188
=22.68 %

Dima Holdings Co'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 )
=501.1 / 4341.127
=(Revenue - Cost of Goods Sold) / Revenue
=(4341.127 - 3840.021) / 4341.127
=11.54 %

* 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.


Dima Holdings Co  (SHSE:600565) 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

Dima Holdings Co had a gross margin of 11.54% for the quarter that ended in Sep. 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.


Dima Holdings Co Gross Margin % Related Terms

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


Dima Holdings Co (SHSE:600565) Business Description

Traded in Other Exchanges
N/A
Address
36th Floor, Building 7, Dongyuan Center, Dashiba, Jiangbei District, Chongqing, CHN, 401336
Dima Holdings Co Ltd is a special vehicle manufacturer in China. It manufactures armored vehicles, municipal cleaning vehicles, system integration vehicles, dynamo vehicles, airport GSEs, fire engines and ambulances.

Dima Holdings Co (SHSE:600565) Headlines

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