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Century City International Holdings (HKSE:00355) Gross Margin % : 40.25% (As of Dec. 2023)


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What is Century City International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Century City International Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$486 Mil. Century City International Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,207 Mil. Therefore, Century City International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 40.25%.


The historical rank and industry rank for Century City International Holdings's Gross Margin % or its related term are showing as below:

HKSE:00355' s Gross Margin % Range Over the Past 10 Years
Min: 27.7   Med: 40.85   Max: 47.98
Current: 40.16


During the past 13 years, the highest Gross Margin % of Century City International Holdings was 47.98%. The lowest was 27.70%. And the median was 40.85%.

HKSE:00355's Gross Margin % is ranked better than
54.4% of 1647 companies
in the Real Estate industry
Industry Median: 36.68 vs HKSE:00355: 40.16

Century City International Holdings had a gross margin of 40.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Century City International Holdings was 2.90% per year.


Century City International Holdings Gross Margin % Historical Data

The historical data trend for Century City International Holdings'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.

Century City International Holdings Gross Margin % Chart

Century City International Holdings 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 44.80 27.70 37.19 43.10 40.16

Century City International Holdings 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 35.97 46.03 35.28 40.09 40.25

Competitive Comparison of Century City International Holdings's Gross Margin %

For the Real Estate - Diversified subindustry, Century City International Holdings'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.


Century City International Holdings's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Century City International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Century City International Holdings's Gross Margin % falls into.



Century City International Holdings Gross Margin % Calculation

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

Century City International Holdings'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 )
=1128.5 / 2810.1
=(Revenue - Cost of Goods Sold) / Revenue
=(2810.1 - 1681.6) / 2810.1
=40.16 %

Century City International Holdings'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 )
=486 / 1207.4
=(Revenue - Cost of Goods Sold) / Revenue
=(1207.4 - 721.4) / 1207.4
=40.25 %

* 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.


Century City International Holdings  (HKSE:00355) 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

Century City International Holdings had a gross margin of 40.25% for the quarter that ended in Dec. 2023 => Durable 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.


Century City International Holdings Gross Margin % Related Terms

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Century City International Holdings (HKSE:00355) Business Description

Traded in Other Exchanges
N/A
Address
68 Yee Wo Street, 11th Floor, Causeway Bay, Hong Kong, HKG
Century City International Holdings Ltd is an investment holding company. It operates in the following segments: property development and investment, construction and building-related businesses, hotel operation and management and hotel ownership, asset management, financial assets investments, aircraft ownership and leasing, and others segment. Its geographical segments are Hong Kong, Mainland China, and Others.
Executives
Ysl International Holdings Limited 2101 Beneficial owner
Lo Yuk Sui 2201 Interest of corporation controlled by you

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