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New Dazheng Property Group Co Gross Margin %

: 16.50% (As of Sep. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. New Dazheng Property Group Co's Gross Profit for the three months ended in Sep. 2021 was CN¥90 Mil. New Dazheng Property Group Co's Revenue for the three months ended in Sep. 2021 was CN¥547 Mil. Therefore, New Dazheng Property Group Co's Gross Margin % for the quarter that ended in Sep. 2021 was 16.50%.

Warning Sign:

New Dazheng Property Group Co Ltd gross margin has been in long term decline. The average rate of decline per year is -2.3%.


The historical rank and industry rank for New Dazheng Property Group Co's Gross Margin % or its related term are showing as below:

SZSE:002968' s Gross Margin % Range Over the Past 10 Years
Min: 20.25   Med: 21.42   Max: 23.86
Current: 20.25

20.25
23.86

During the past 6 years, the highest Gross Margin % of New Dazheng Property Group Co was 23.86%. The lowest was 20.25%. And the median was 21.42%.

SZSE:002968's Gross Margin % is ranked lower than
99.99% of the 71 Companies
in the Real Estate industry.

( Industry Median: 49.36 vs. SZSE:002968: 20.25 )

New Dazheng Property Group Co had a gross margin of 16.50% for the quarter that ended in Sep. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for New Dazheng Property Group Co was -2.30% per year.


New Dazheng Property Group Co Gross Margin % Historical Data

The historical data trend for New Dazheng Property 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.

New Dazheng Property Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only 23.21 21.42 21.24 21.14 21.42

New Dazheng Property Group Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 21.19 21.49 19.64 19.02 16.50

Competitive Comparison

For the Real Estate Services subindustry, New Dazheng Property 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.

   

New Dazheng Property Group Co Gross Margin % Distribution

For the Real Estate industry and Real Estate sector, New Dazheng Property Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where New Dazheng Property Group Co's Gross Margin % falls into.



New Dazheng Property Group Co Gross Margin % Calculation

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

New Dazheng Property Group 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 )
=282.4 / 1318.349
=(Revenue - Cost of Goods Sold) / Revenue
=(1318.349 - 1035.939) / 1318.349
=21.42 %

New Dazheng Property Group Co's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=90.2 / 546.758
=(Revenue - Cost of Goods Sold) / Revenue
=(546.758 - 456.564) / 546.758
=16.50 %

* 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.


New Dazheng Property Group Co  (SZSE:002968) 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

New Dazheng Property Group Co had a gross margin of 16.50% for the quarter that ended in Sep. 2021 => 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.


New Dazheng Property Group Co Gross Margin % Related Terms

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


New Dazheng Property Group Co Business Description

New Dazheng Property Group Co logo
Industry
Real Estate » Real Estate NAICS : 0 SIC : 0
Traded in Other Exchanges
N/A
Address
19th floor, No. 9 Shangqingsi Road, Yuzhong District, Chongqing, CHN
Chongqing new dazheng property group Co Ltd is engaged in management and operation of public buildings and facilities in China. Its portfolio includes public parks, medical care, parks, stadiums, subways, airports, government agencies, office buildings, schools, residences, shopping malls, among others.

New Dazheng Property Group Co Headlines

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