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Blue Moon Group Holdings (HKSE:06993) Gross Margin % : 64.95% (As of Dec. 2023)


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What is Blue Moon Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Blue Moon Group Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$3,313 Mil. Blue Moon Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$5,101 Mil. Therefore, Blue Moon Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 64.95%.


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

HKSE:06993' s Gross Margin % Range Over the Past 10 Years
Min: 53.18   Med: 58.42   Max: 64.52
Current: 62


During the past 7 years, the highest Gross Margin % of Blue Moon Group Holdings was 64.52%. The lowest was 53.18%. And the median was 58.42%.

HKSE:06993's Gross Margin % is ranked better than
90.99% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs HKSE:06993: 62.00

Blue Moon Group Holdings had a gross margin of 64.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Blue Moon Group Holdings was -0.10% per year.


Blue Moon Group Holdings Gross Margin % Historical Data

The historical data trend for Blue Moon 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.

Blue Moon Group Holdings Gross Margin % Chart

Blue Moon Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 64.16 64.52 58.42 57.83 62.00

Blue Moon Group Holdings Semi-Annual Data
Dec17 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 60.65 53.05 60.55 55.23 64.95

Competitive Comparison of Blue Moon Group Holdings's Gross Margin %

For the Household & Personal Products subindustry, Blue Moon 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.


Blue Moon Group Holdings's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Blue Moon Group Holdings's Gross Margin % distribution charts can be found below:

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



Blue Moon Group Holdings Gross Margin % Calculation

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

Blue Moon 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 )
=4540.4 / 7323.532
=(Revenue - Cost of Goods Sold) / Revenue
=(7323.532 - 2783.112) / 7323.532
=62.00 %

Blue Moon 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 )
=3312.8 / 5100.805
=(Revenue - Cost of Goods Sold) / Revenue
=(5100.805 - 1787.981) / 5100.805
=64.95 %

* 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.


Blue Moon Group Holdings  (HKSE:06993) 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

Blue Moon Group Holdings had a gross margin of 64.95% 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.


Blue Moon Group Holdings Gross Margin % Related Terms

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Blue Moon Group Holdings (HKSE:06993) Business Description

Traded in Other Exchanges
Address
No. 36, Pu Nan Road, Yun Pu Industrial Zone, Huangpu District, Guangzhou, CHN, 510760
Blue Moon has a portfolio of market-leading products in three categories: fabric care, personal hygiene, and home care. Fabric care comprises around 85% of the group's revenue. As a pioneer in China's household care market, it holds a leading market share by value in China's liquid laundry detergent and liquid soap markets, as at 2022. Blue Moon is also an early entrant into e-commerce, with the online channel contributing over half of 2022 sales. Most of Blue Moon's core products are marketed under the namesake brand.
Executives
Luo Qiuping 2202 Interest of your spouse
Pan Dong 2201 Interest of corporation controlled by you
Qi De Ji Tuan You Xian Gong Si
Hhlr Advisors, Ltd. 2102 Investment manager
Hhlr Fund, L.p. 2101 Beneficial owner
Hcm Bm Holdings, Ltd. 2101 Beneficial owner

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