GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Chicmax Cosmetic Co Ltd (HKSE:02145) » Definitions » Gross Margin %

Shanghai Chicmax Cosmetic Co (HKSE:02145) Gross Margin % : 73.89% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Shanghai Chicmax Cosmetic Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Chicmax Cosmetic Co's Gross Profit for the six months ended in Dec. 2023 was HK$2,104 Mil. Shanghai Chicmax Cosmetic Co's Revenue for the six months ended in Dec. 2023 was HK$2,848 Mil. Therefore, Shanghai Chicmax Cosmetic Co's Gross Margin % for the quarter that ended in Dec. 2023 was 73.89%.


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

HKSE:02145' s Gross Margin % Range Over the Past 10 Years
Min: 60.86   Med: 64.66   Max: 72.05
Current: 72.05

During the past 5 years, the highest Gross Margin % of Shanghai Chicmax Cosmetic Co was 72.05%. The lowest was 60.86%. And the median was 64.66%.

HKSE:02145's Gross Margin % is ranked better than
95.25% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs HKSE:02145: 72.05

Shanghai Chicmax Cosmetic Co had a gross margin of 73.89% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shanghai Chicmax Cosmetic Co was 0.00% per year.

Shanghai Chicmax Cosmetic Co Gross Margin % Historical Data

The historical data trend for Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co Gross Margin % Chart

Shanghai Chicmax Cosmetic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
60.86 64.66 65.23 63.53 72.05

Shanghai Chicmax Cosmetic Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial 63.83 64.92 62.29 69.04 73.89

Competitive Comparison of Shanghai Chicmax Cosmetic Co's Gross Margin %

For the Household & Personal Products subindustry, Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Chicmax Cosmetic Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Chicmax Cosmetic Co's Gross Margin % falls into.


Shanghai Chicmax Cosmetic Co Gross Margin % Calculation

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

Shanghai Chicmax Cosmetic 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 )
=3302.6 / 4583.729
=(Revenue - Cost of Goods Sold) / Revenue
=(4583.729 - 1281.116) / 4583.729
=72.05 %

Shanghai Chicmax Cosmetic 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 )
=2104.4 / 2848.12
=(Revenue - Cost of Goods Sold) / Revenue
=(2848.12 - 743.726) / 2848.12
=73.89 %

* 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.

Shanghai Chicmax Cosmetic Co  (HKSE:02145) 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

Shanghai Chicmax Cosmetic Co had a gross margin of 73.89% 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.

Shanghai Chicmax Cosmetic Co Gross Margin % Related Terms

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

Shanghai Chicmax Cosmetic Co (HKSE:02145) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Chicmax Cosmetic Co Ltd (HKSE:02145) » Definitions » Gross Margin %
Comparable Companies
HKSE:06993 HKSE:06601 HKSE:00157 HKSE:01925 HKSE:02023 HKSE:03828 HKSE:06893 HKSE:01962 HKSE:00399 HKSE:03332 PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT KMB EL KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
No. 3300 Zhongshan North Road, 25 Floor, Building B, Putuo District, Shanghai, CHN
Website
http://www.chicmaxgroup.com
Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare and maternity and childcare products. It offers a wide range of cosmetics products under various brands, primarily including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The company also operates brands such as BIO-G, KYOCA, ARMIYO, TAZU, and others.
Executives
Lyu Yixiong 2201 Interest of corporation controlled by you
Shanghai Hongyin Investment Co., Ltd. 2101 Beneficial owner
Shanghai Nanyin Investment Co., Ltd. 2101 Beneficial owner
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter

Shanghai Chicmax Cosmetic Co (HKSE:02145) Headlines

No Headlines