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Kingland Group Holdings (HKSE:01751) Gross Margin % : 16.07% (As of Dec. 2023)


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What is Kingland Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kingland Group Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$10.6 Mil. Kingland Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$65.7 Mil. Therefore, Kingland Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 16.07%.


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

HKSE:01751' s Gross Margin % Range Over the Past 10 Years
Min: -28.84   Med: 25.94   Max: 35.06
Current: 24.31


During the past 10 years, the highest Gross Margin % of Kingland Group Holdings was 35.06%. The lowest was -28.84%. And the median was 25.94%.

HKSE:01751's Gross Margin % is ranked better than
59.07% of 1615 companies
in the Construction industry
Industry Median: 19.14 vs HKSE:01751: 24.31

Kingland Group Holdings had a gross margin of 16.07% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kingland Group Holdings was 0.00% per year.


Kingland Group Holdings Gross Margin % Historical Data

The historical data trend for Kingland Group 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.

Kingland Group Holdings Gross Margin % Chart

Kingland Group 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 17.69 -28.84 -13.64 22.06 24.31

Kingland Group Holdings Semi-Annual Data
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 -32.99 25.96 19.34 34.07 16.07

Competitive Comparison of Kingland Group Holdings's Gross Margin %

For the Engineering & Construction subindustry, Kingland Group 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.


Kingland Group Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kingland Group Holdings's Gross Margin % distribution charts can be found below:

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



Kingland Group Holdings Gross Margin % Calculation

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

Kingland Group 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 )
=29.5 / 121.186
=(Revenue - Cost of Goods Sold) / Revenue
=(121.186 - 91.726) / 121.186
=24.31 %

Kingland Group 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 )
=10.6 / 65.719
=(Revenue - Cost of Goods Sold) / Revenue
=(65.719 - 55.156) / 65.719
=16.07 %

* 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.


Kingland Group Holdings  (HKSE:01751) 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

Kingland Group Holdings had a gross margin of 16.07% 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.


Kingland Group Holdings Gross Margin % Related Terms

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


Kingland Group Holdings (HKSE:01751) Business Description

Traded in Other Exchanges
N/A
Address
209 and 211 Wai Yip Street, Flat B, Ground Floor, Fu Hop Factory Building, Kwun Tong, Hong Kong, HKG
Kingland Group Holdings Ltd is the provision of concrete demolition service in Hong Kong and Macau mainly as a subcontractor. Its services are mainly required in the removal of pieces or sections of concrete from concrete structures and the demolition of the entire concrete structures or buildings by applying a variety of methods, such as core drilling, sawing and crushing. Its services are required in many different situations including, among others, addition and alteration works and redevelopment projects in buildings, roads, tunnels and underground facilities. Its customers are main contractors in various types of construction and civil engineering projects in Hong Kong and construction projects in Macau.
Executives
Kwok Shun Tim
Applewood Developments Limited 2101 Beneficial owner
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Supreme Voyage Limited 2101 Beneficial owner
Yip Nga Wan 2202 Interest of your spouse
Chan Yuk Sing 2201 Interest of corporation controlled by you
Cheung Shek On 2201 Interest of corporation controlled by you
Cho Bik Nung 2202 Interest of your spouse
Luk Pui Kei Peggy 2202 Interest of your spouse
China New Economy Fund Limited 2101 Beneficial owner

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