GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Value Partners Group Ltd (OTCPK:VPGLF) » Definitions » Gross Margin %

Value Partners Group (Value Partners Group) Gross Margin % : 12.90% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Value Partners Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Value Partners Group's Gross Profit for the six months ended in Dec. 2023 was $3.93 Mil. Value Partners Group's Revenue for the six months ended in Dec. 2023 was $30.48 Mil. Therefore, Value Partners Group's Gross Margin % for the quarter that ended in Dec. 2023 was 12.90%.

Warning Sign:

Value Partners Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -15.7%.


The historical rank and industry rank for Value Partners Group's Gross Margin % or its related term are showing as below:

VPGLF' s Gross Margin % Range Over the Past 10 Years
Min: 12.18   Med: 31.56   Max: 56.16
Current: 12.18


During the past 13 years, the highest Gross Margin % of Value Partners Group was 56.16%. The lowest was 12.18%. And the median was 31.56%.

VPGLF's Gross Margin % is ranked worse than
81.92% of 531 companies
in the Asset Management industry
Industry Median: 51.29 vs VPGLF: 12.18

Value Partners Group had a gross margin of 12.90% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Value Partners Group was -15.70% per year.


Value Partners Group Gross Margin % Historical Data

The historical data trend for Value Partners Group'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.

Value Partners Group Gross Margin % Chart

Value Partners Group 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 24.68 53.79 39.75 14.37 12.18

Value Partners Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 50.28 1.52 31.27 11.55 12.90

Competitive Comparison of Value Partners Group's Gross Margin %

For the Asset Management subindustry, Value Partners Group'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.


Value Partners Group's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Value Partners Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Value Partners Group's Gross Margin % falls into.



Value Partners Group Gross Margin % Calculation

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

Value Partners Group'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 )
=8 / 65.924
=(Revenue - Cost of Goods Sold) / Revenue
=(65.924 - 57.897) / 65.924
=12.18 %

Value Partners Group'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 )
=3.9 / 30.484
=(Revenue - Cost of Goods Sold) / Revenue
=(30.484 - 26.552) / 30.484
=12.90 %

* 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.


Value Partners Group  (OTCPK:VPGLF) 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

Value Partners Group had a gross margin of 12.90% 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.


Value Partners Group Gross Margin % Related Terms

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


Value Partners Group (Value Partners Group) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, 43rd Floor, The Center, Hong Kong, HKG
Value Partners Group Ltd offers asset management portfolios for institutional and individual clients in the Asia Pacific, Europe, and the United States. Fund options include absolute return funds, fixed-income products, long-short hedge funds, exchange-traded funds, and quantitative funds. Inflows for Value's products come by way of a distribution network that includes retail banks, private banks, and insurance companies. Retail investors are the majority contributors to the firm's host of funds with a majority of the Value's assets held by funds within its group of brands. The firm provides other fund opportunities under white-label and co-branded funds.

Value Partners Group (Value Partners Group) Headlines

From GuruFocus

Royce Funds Comments on Value Partners Group

By Holly LaFon Holly LaFon 03-22-2016