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Zhejiang Yasha Decoration Co (SZSE:002375) Gross Margin % : 13.42% (As of Mar. 2024)


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What is Zhejiang Yasha Decoration Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zhejiang Yasha Decoration Co's Gross Profit for the three months ended in Mar. 2024 was ¥298 Mil. Zhejiang Yasha Decoration Co's Revenue for the three months ended in Mar. 2024 was ¥2,218 Mil. Therefore, Zhejiang Yasha Decoration Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.42%.

Warning Sign:

Zhejiang Yasha Decoration Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


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

SZSE:002375' s Gross Margin % Range Over the Past 10 Years
Min: 7.22   Med: 13.9   Max: 18.9
Current: 10.99


During the past 13 years, the highest Gross Margin % of Zhejiang Yasha Decoration Co was 18.90%. The lowest was 7.22%. And the median was 13.90%.

SZSE:002375's Gross Margin % is ranked worse than
91.67% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.295 vs SZSE:002375: 10.99

Zhejiang Yasha Decoration Co had a gross margin of 13.42% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zhejiang Yasha Decoration Co was -5.60% per year.


Zhejiang Yasha Decoration Co Gross Margin % Historical Data

The historical data trend for Zhejiang Yasha Decoration 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.

Zhejiang Yasha Decoration Co Gross Margin % Chart

Zhejiang Yasha Decoration Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.36 14.26 7.22 12.57 11.20

Zhejiang Yasha Decoration Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.87 11.44 11.40 8.93 13.42

Competitive Comparison of Zhejiang Yasha Decoration Co's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Yasha Decoration 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.


Zhejiang Yasha Decoration Co's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiang Yasha Decoration Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Yasha Decoration Co's Gross Margin % falls into.



Zhejiang Yasha Decoration Co Gross Margin % Calculation

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

Zhejiang Yasha Decoration Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1441.1 / 12868.789
=(Revenue - Cost of Goods Sold) / Revenue
=(12868.789 - 11427.72) / 12868.789
=11.20 %

Zhejiang Yasha Decoration Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=297.6 / 2217.526
=(Revenue - Cost of Goods Sold) / Revenue
=(2217.526 - 1919.963) / 2217.526
=13.42 %

* 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.


Zhejiang Yasha Decoration Co  (SZSE:002375) 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

Zhejiang Yasha Decoration Co had a gross margin of 13.42% for the quarter that ended in Mar. 2024 => 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.


Zhejiang Yasha Decoration Co Gross Margin % Related Terms

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Zhejiang Yasha Decoration Co (SZSE:002375) Business Description

Traded in Other Exchanges
N/A
Address
99 Shaxiu Road, Block A, Yaxia Center, Xihu District, Hangzhou, CHN, 310008
Zhejiang Yasha Decoration Co Ltd is engaged in the Chinese architectural decoration industry. It is focused on the interior and exterior decoration, curtain wall, design, and construction, as well as landscaping, mechanical and electrical installation, building intellectualization, stone processing, and so on. The business scope of the company includes designing and decorating high-end hotels, large public buildings, high-end residential buildings, airport, transport station, commercial complex, bank and financial institution, hospital, art and culture center, and others.

Zhejiang Yasha Decoration Co (SZSE:002375) Headlines

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