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Sichuan Yahua Industrial Group Co (SZSE:002497) Gross Margin % : 2.99% (As of Sep. 2023)


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What is Sichuan Yahua Industrial Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Yahua Industrial Group Co's Gross Profit for the three months ended in Sep. 2023 was ¥97 Mil. Sichuan Yahua Industrial Group Co's Revenue for the three months ended in Sep. 2023 was ¥3,255 Mil. Therefore, Sichuan Yahua Industrial Group Co's Gross Margin % for the quarter that ended in Sep. 2023 was 2.99%.


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

SZSE:002497' s Gross Margin % Range Over the Past 10 Years
Min: 22.04   Med: 38.66   Max: 48.25
Current: 22.04


During the past 13 years, the highest Gross Margin % of Sichuan Yahua Industrial Group Co was 48.25%. The lowest was 22.04%. And the median was 38.66%.

SZSE:002497's Gross Margin % is ranked worse than
50.86% of 1510 companies
in the Chemicals industry
Industry Median: 22.315 vs SZSE:002497: 22.04

Sichuan Yahua Industrial Group Co had a gross margin of 2.99% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sichuan Yahua Industrial Group Co was 4.00% per year.


Sichuan Yahua Industrial Group Co Gross Margin % Historical Data

The historical data trend for Sichuan Yahua Industrial Group 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.

Sichuan Yahua Industrial Group Co Gross Margin % Chart

Sichuan Yahua Industrial Group 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 31.98 27.39 30.87 35.17 44.55

Sichuan Yahua Industrial Group 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 43.03 35.21 28.82 17.09 2.99

Competitive Comparison of Sichuan Yahua Industrial Group Co's Gross Margin %

For the Specialty Chemicals subindustry, Sichuan Yahua Industrial Group 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.


Sichuan Yahua Industrial Group Co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sichuan Yahua Industrial Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan Yahua Industrial Group Co's Gross Margin % falls into.



Sichuan Yahua Industrial Group Co Gross Margin % Calculation

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

Sichuan Yahua Industrial Group 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 )
=6440.1 / 14456.838
=(Revenue - Cost of Goods Sold) / Revenue
=(14456.838 - 8016.694) / 14456.838
=44.55 %

Sichuan Yahua Industrial Group 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 )
=97.2 / 3255.031
=(Revenue - Cost of Goods Sold) / Revenue
=(3255.031 - 3157.782) / 3255.031
=2.99 %

* 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.


Sichuan Yahua Industrial Group Co  (SZSE:002497) 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

Sichuan Yahua Industrial Group Co had a gross margin of 2.99% 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.


Sichuan Yahua Industrial Group Co Gross Margin % Related Terms

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Sichuan Yahua Industrial Group Co (SZSE:002497) Business Description

Traded in Other Exchanges
N/A
Address
No.20, Longxi Road, Ya’an City, CHN
Sichuan Yahua Industrial Group Co Ltd provides scientific research, production, distribution, and services on explosives in China. The company's products include industrial explosives, industrial detonators and funicular initiating explosive devices. It produces a wide range of civil explosive products including industrial explosive, industrial detonator, and industrial detonating fuse.

Sichuan Yahua Industrial Group Co (SZSE:002497) Headlines

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