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Hyundai Motor Co (XKRX:005380) Gross Margin %

: 20.19% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Hyundai Motor Co's Gross Profit for the three months ended in Dec. 2023 was ₩8,407,639 Mil. Hyundai Motor Co's Revenue for the three months ended in Dec. 2023 was ₩41,632,528 Mil. Therefore, Hyundai Motor Co's Gross Margin % for the quarter that ended in Dec. 2023 was 20.19%.


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

XKRX:005380' s Gross Margin % Range Over the Past 10 Years
Min: 15.64   Med: 18.77   Max: 21.43
Current: 20.59


During the past 13 years, the highest Gross Margin % of Hyundai Motor Co was 21.43%. The lowest was 15.64%. And the median was 18.77%.

XKRX:005380's Gross Margin % is ranked better than
54.41% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs XKRX:005380: 20.59

Hyundai Motor Co had a gross margin of 20.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hyundai Motor Co was 5.70% per year.


Hyundai Motor Co Gross Margin % Historical Data

The historical data trend for Hyundai Motor 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.

Hyundai Motor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.70 17.77 18.65 19.89 20.59

Hyundai Motor 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 % 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 Premium Member Only Premium Member Only Premium Member Only 20.29 20.44 21.05 20.64 20.19

Competitive Comparison

For the Auto Manufacturers subindustry, Hyundai Motor 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.


Hyundai Motor Co Gross Margin % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyundai Motor Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hyundai Motor Co's Gross Margin % falls into.



Hyundai Motor Co Gross Margin % Calculation

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

Hyundai Motor 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 )
=33484396 / 162663579
=(Revenue - Cost of Goods Sold) / Revenue
=(162663579 - 129179183) / 162663579
=20.59 %

Hyundai Motor 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 )
=8407639 / 41632528
=(Revenue - Cost of Goods Sold) / Revenue
=(41632528 - 33224889) / 41632528
=20.19 %

* 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.


Hyundai Motor Co  (XKRX:005380) 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

Hyundai Motor Co had a gross margin of 20.19% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Hyundai Motor Co Gross Margin % Related Terms

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Hyundai Motor Co (XKRX:005380) Business Description

Address
12, Heolleung-ro, Seocho-Gu, Seoul, KOR
Hyundai Motor Co is engaged in the manufacturing and distribution of motor vehicles and parts. The business of the group is operated through a vehicle, finance, and other segments. Its vehicle segment is engaged in the manufacturing and sale of motor vehicles. The finance segment operates vehicle financing, credit card processing, and other financing activities. Others segment includes the research and development, train manufacturing and other activities. The company derives most of the revenue from vehicle segment.

Hyundai Motor Co (XKRX:005380) Headlines

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