GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yihai Kerry Arawana Holdings Co Ltd (SZSE:300999) » Definitions » Gross Margin %

Yihai Kerry Arawana Holdings Co (SZSE:300999) Gross Margin % : 5.12% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Yihai Kerry Arawana Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yihai Kerry Arawana Holdings Co's Gross Profit for the three months ended in Dec. 2023 was ¥3,223 Mil. Yihai Kerry Arawana Holdings Co's Revenue for the three months ended in Dec. 2023 was ¥63,001 Mil. Therefore, Yihai Kerry Arawana Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 5.12%.

Warning Sign:

Yihai Kerry Arawana Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.1%.


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

SZSE:300999' s Gross Margin % Range Over the Past 10 Years
Min: 4.83   Med: 9.32   Max: 11.4
Current: 4.83


During the past 8 years, the highest Gross Margin % of Yihai Kerry Arawana Holdings Co was 11.40%. The lowest was 4.83%. And the median was 9.32%.

SZSE:300999's Gross Margin % is ranked worse than
92.26% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs SZSE:300999: 4.83

Yihai Kerry Arawana Holdings Co had a gross margin of 5.12% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yihai Kerry Arawana Holdings Co was -16.10% per year.


Yihai Kerry Arawana Holdings Co Gross Margin % Historical Data

The historical data trend for Yihai Kerry Arawana 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.

Yihai Kerry Arawana Holdings Co Gross Margin % Chart

Yihai Kerry Arawana Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 11.40 11.01 8.18 5.68 4.83

Yihai Kerry Arawana Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.10 5.13 3.11 5.75 5.12

Competitive Comparison of Yihai Kerry Arawana Holdings Co's Gross Margin %

For the Packaged Foods subindustry, Yihai Kerry Arawana 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.


Yihai Kerry Arawana Holdings Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yihai Kerry Arawana Holdings Co's Gross Margin % distribution charts can be found below:

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



Yihai Kerry Arawana Holdings Co Gross Margin % Calculation

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

Yihai Kerry Arawana Holdings 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 )
=12157.5 / 251523.736
=(Revenue - Cost of Goods Sold) / Revenue
=(251523.736 - 239366.189) / 251523.736
=4.83 %

Yihai Kerry Arawana Holdings Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3222.9 / 63001.497
=(Revenue - Cost of Goods Sold) / Revenue
=(63001.497 - 59778.64) / 63001.497
=5.12 %

* 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.


Yihai Kerry Arawana Holdings Co  (SZSE:300999) 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

Yihai Kerry Arawana Holdings Co had a gross margin of 5.12% for the quarter that ended in Dec. 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.


Yihai Kerry Arawana Holdings Co Gross Margin % Related Terms

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


Yihai Kerry Arawana Holdings Co (SZSE:300999) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, 1379 Bocheng Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200126
Yihai Kerry Arawana Holdings Co Ltd is engaged in research and development, production and sales of kitchen food, feed ingredients and oil technology products. The company is involved in oilseed pressing, edible oil refining, special oils, oil technology, corn deep processing, wheat deep processing, soybean deep processing, rice circular economy, food raw materials, grain and oil technology research and development and other industries. Its products cover small-packaged edible oil, rice, flour, dried noodles, rice noodles, soy milk, special grains and oils for catering, food raw materials, oil technology and many other fields. Its brands are Golden Dragon Fish, Ou Li Wei Lan, Orchid Flower, Fragrant Garden, Haihuang, Feng Yuan, Golden Flavor, Ruilong and Jie Jin 100.

Yihai Kerry Arawana Holdings Co (SZSE:300999) Headlines

No Headlines